China

Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.

The nation aims to cut reliance on manufacturing and boost its economy.

A preference for lighter skin tones is boosting the demand for products that prevent discoloration and sunspots.

This includes hats and sandals sold on AliExpress, Temu, and Shein.

It aims to bolster Viee’s presence in its home regions of Sichuan and Chongqing.

This is due to ongoing soft macroeconomic conditions.

Adrian Ding will become acting CFO starting 1 October.

This includes the restaurants, apparel, and home appliances sectors.

China's market is pressured by rising outbound tourism and declining local demand.

He will now oversee Porsche's crucial Chinese market.

The sector grew by approximately 2% in value in Q1 2024.

This showcases both brands' commitment to quality and immersive experiences.

This is the first DQ restaurant in Asia to offer a full range of hot food.

It will be driven by e-commerce and omni-channel strategies

Home alcohol and beverage consumption surged in the past 12 weeks.

It witnessed a 12% YoY growth in 2023.