China
NYSE-listed Shake Shack to launch 10 stores in China
NYSE-listed Shake Shack to launch 10 stores in China
The fast food chain currently has 16 stores in the country.
Sheng Siong clinches lease agreement for third China store
The store is expected to be operational before end-Q3.
Suning’s Retail Cloud launches 247 stores in 618 festival
The company opened 214 new stores in May.
Alibaba invests $1b for cloud investment across APAC
It will launch data centres in the Philippines and Indonesia.
HKEX-listed Cafe de Coral plans China expansion
It is looking to penetrate residential areas in Tier 1 cities.
Lenovo Lecoo’s stores will go online with Dada’s JDDJ
Lecoo aims to launch 600 stores in the coming year.
Dada Group’s JDDJ clinches tie-ups with 30 supermarkets
It has also expanded its one-hour shopping service to lower-tier cities.
Weekly News Wrap: Alibaba’s Jack Ma lying low; Flipkart and Amazon challenges India’s antitrust probe resumption
And Bukalapak seeks $800m in an IPO.
JD rolls out delivery robots in Guangzhou
The first robots will be sent to 14 residential compounds in Liwan District.
How APAC’s luxury retailers can leverage China’s early recovery
Brands are urged to collaborate with marketplaces to boost digital engagement.
Miniso launched 364 stores in last 12 months
It most recently opened a new store in France.
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.