China
JD Super and Quinta do Noval partner to bring premium Portuguese wines to China
It will expand the selection of Portuguese wines on JD Super’s platform.
JD Super and Quinta do Noval partner to bring premium Portuguese wines to China
It will expand the selection of Portuguese wines on JD Super’s platform.
JD Super partners with leading F&B brands to form Healthy Food Industry Alliance
The alliance involves over a hundred renowned brands in the F&B sector.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
China Jo-Jo Drugstores meets Nasdaq's minimum bid price requirement
This follows the company's failure to maintain a $1.00 minimum bid price for 30 consecutive trading days.
China leads US apparel market despite shipment decline
The Asian country's shipment volume was down by 18%.
Alibaba Group to invest $1.1b in South Korea for business expansion
It intends to invest $200m for the logistics hub and $100m to support South Korean SMEs.
JD.com's net income surges 132.8% YoY to $3.4b in 2023
The company’s revenue reached $152.8b, up by 3.7% from 2022.
AS Watson Group names Watsons China co-managing directors
They will replace CEO Kulvinder Birring.
Douyin surpasses JD marketplace in health product sales
It is the second largest platform for consumer health products behind Tmall.
JD.com upgrades ‘Spring Dawn Initiative’ with AI services
It now includes a store launch AI assistant, AI-driven content creation tools, and a digital presenter live streaming service.
JD.com expands free shipping offer
The minimum order value for free shipping is $8.2.
Teddy bear inventor Steiff, Melchers ink partnership for China expansion
Both companies will establish a supply chain and distribution centre in Shanghai.
Omani perfume brand Amouage opens first pop-up boutique in China
The luxury fragrance brand opened its first flagship online store on Tmall Global.
JD.com introduces free at home return service
The “Free At-Home Return” option will be featured on 90% of products on the site.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.
On Location, Fliggy launch hospitality e-commerce store for the 2024 Olympics
It is the first dedicated platform for Chinese customers for the 2024 Olympic Games.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers