China

China’s FMCG sector sees ‘soft recovery’: report 

The sector saw a 1% growth in the first nine months of 2023.

JD Logistics achieves a 70% growth in overseas orders during Black Friday

AI and automation helped propel sales for the China-based e-commerce channel.

JD Worldwide launches feature to support beauty, skincare retailers

The platform will feature incentives for sellers of beauty and skincare items.

McDonald’s to buy Carlyle share in McDonald's China

This will increase its shares in McDonald's China to 48%.

L’Oréal introduces new Beauty Tech features

All four offerings present the theme “beauty for all, beauty for each."

Baijiu sales growth in China propelled by banquet demand

The distributors’ average advance payments grew by 7% YoY in Q3 2023.

JD.com breaks records for 2023 Singles Day Grand Promotion

Transaction volume reached more than $137.18m.

Alibaba’s Taobao and Tmall achieve record growth for 11.11 sale

Over 400 Brands from Taobao and Tmall channels have exceeded more than $13.7m.

Birkenstock appoints Tiffany Wu as Greater China MD

The appointment will include the company’s expansion over the Chinese growth region. 

JD.com rolls out authentication services for imports

JD Smart Check will enable a seamless and secure inspection process for products.

Around 3 in 4 shoppers planning to cautiously spend on Singles Day

Consumers are becoming more value-conscious for their Singles Day spending.

Consumers search for value to define Singles’ Day 2023: report

Around 62% of respondents will spend $410 for the biggest shopping event in China.

Dufry signs as master concessionaire at Wuhan Tianhe Airport

The Swiss-based retailer has recently merged with global catering leader Autogrill.

SHEIN buys UK-based retailer Missguided

Missguided products will become available on all SHEIN sites and platforms.

JD.com sees above ¥100m sales in first 5 minutes of ¥10b-discount programme

Its sales and user order volume were four times higher than 2022’s figures.