China
HK-listed Link REIT buys Guangzhou mall for $501m
With a gross retail area of 90,113 sqm, it is considered the biggest mall in its district.
Weekly News Wrap: China’s retailers face cautious consumers; E-commerce giants flock to growing Vietnam market
And Alibaba-backed Xiaohongshu’s Weibo account goes dark after Tiananmen post.
Membership-only wholesale stores emerge in China
Costco’s market entry in 2019 drew the attention of local retailers.
Swiss watchmaker Zenith opens third-party store in JD
It will bring 20 new and classic watch series to the platform.
IKEA to expand delivery across China via Tmall
The store piloted its delivery service in March.
JD rolls out resources for 618 Grand Promotion
It will provide traffic flow resources worth $78m to offline stores.
Weekly News Wrap: Tata buys majority stake in BigBasket; Jessica Liu departs as Lazada president
And SEA’s e-commerce market could grow $280b with more women entrepreneurs.
Riding the ‘mega-trends': Michael Cheng talks about business survival and the future of retail
For PwC’s Asia Pacific, Mainland China and Hong Kong Consumer Markets Leader, the future of consumption will combine online and offline features for a seamless, omnichannel shopping experience.
JD upgrades chatbot’s function for merchants
It includes a beta light version for SMEs and a plan for a "618" sale.
Alibaba’s Freshippo rolls out $185m coupons for May 5 festival
It was bringing offerings from 500 merchants for the holiday season.
Swiss fashion house Bally launches on JD platform
The store features a selection of footwear, handbags, accessories, and clothing.
American shoe brand Stride Ride expands in Alibaba’s Tmall
It has developed a specialist toolkit to help parents measure their kids’ feet.
Alibaba’s Tmall to transfer key teams to new Shanghai hub
Its beauty and sports and outdoor departments will be amongst the first to move.
Alibaba’s Taobao Live rolls out upgraded ‘live store’
Brands will be able to display their livestreams on their tailor-made homepages.
Hong Kong-listed Link REIT rebrands retail properties in China
The company began the rebranding in phases from 2020.
US-based Sam’s Club launches first Huizhou store
The store offers sampling activities, free eye and hearing tests, and wine tasting.