China

JD.com now features over 300 premium brands.

The brand has launched a new capsule for the incoming Chinese Valentine’s Day.

The centre showcases various products such as food, liquor, and supplements.

Retail sales of consumer goods fell in the first quarter.

Empty plastic bottles will be transformed into table tennis tables.

Around 400 brands and 2,000 products are carried in the shop. 

China’s leading agricultural platform was recognised for its efforts in creating more sustainable streams of income for small-scale farmers through online commerce.

It saw a record revenue growth of 32.5%.

This brings the number of luxury brands on JD to over 300. 

The acquisition was worth $355.4m.

Retailers must focus on categories that continue to have low online penetration.

Around seven in 10 said it is through information in the flagship stores.

It is followed by JD.com Global and Amazon.cn. 

Online spending in the market will likely rise substantially in the next 12 months.

This exceeded last year’s transaction volume.

Despite this, consumer appetite remains strong.