Tag Archives: China

China promotes green e-commerce delivery services

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(Source: Xinhuanet |Jauary 23, 2018) China has urged e-commerce platforms and express firms to develop green delivery services and avoid over-packaging. E-commerce and express firms should coordinate on environmentally-friendly packaging, supply chain and packing material recycling, according to the guidelines released Tuesday by the State Council. Green development is a natural choice for China’s e-commerce market to enter a new ...

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China’ leading e-commerce company JD.com opens office in Paris

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(Source: Xinhua | January 22, 2018) JD.com, Chinese leading e-commerce company, on Monday announced it had opened an office in Paris “to develop its French brand portfolio and …ramping up its European presence.” Calling the Paris office as “an important milestone,” the Chinese firm said “a French presence will give the company an in-depth understanding of the development ambitions of ...

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Tencent, JD.com investing in Vipshop Holdings

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(Source: Inside Retail Asia | December 19, 2017) Chinese social-media giant Tencent Holdings and e-commerce platform JD.com plan to jointly invest US$863 million in online discount retailer Vipshop Holdings. Tencent is putting in $604 million in exchange for a 7 percent stake, while JD.com is paying $259 million for 5.5 percent. “We look forward to providing Vipshop with our audiences, ...

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Google: Southeast Asia’s internet economy is growing faster than expected

(Source: iamwire.com)

(Source: Techcrunch | December 12, 2017) Southeast Asia is now the world’s third largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than originally thought, according to a new report co-authored by Google. China and India typically dominate the conversation when looking at ...

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Young men are driving skincare market in China

Source: JingDaily

(Source: MoodieDavitt Report | September 4, 2017) The mainland Chinese male skincare and cosmetics market is expected to grow twice as fast as the global cosmetics market in the next two years, reaching CNY1.9 billion (US$300 million) in 2019, according to Euromonitor International. A report by Jing Daily stated that young Chinese men who are between 18 and 26, and ...

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Bedgear signs China deal with De Rucci

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(Source: Inside Retail Asia | September 1, 2017) US lifestyle bedding company Bedgear has signed a partnership with Chinese retailer De Rucci Beddings to open more than 500 shops in China over the next five years. The Bedgear Performance Sleep Shops will offer a personalised customer experience including interactive technology walls. One-on-one consultations will enable shoppers to build up their ...

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Alibaba profit nearly doubles on robust revenues

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(abs-cbn/AFP | August 18, 2017) Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a global e-commerce icon, has seen its New York-listed shares ...

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‘Solid’ profit growth for Dairy Farm International

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(Source: Inside Retail Asia | August 4, 2017) Dairy Farm International Holdings had solid profit growth in the first half despite lower sales in its supermarkets and hypermarkets, says chairman Ben Keswick. “While the rest of the year is expected to stay challenging for supermarket and hypermarket activities in Southeast Asia, the group’s other businesses continue to make steady progress.” ...

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Internationals dominate China’s apparel market

Source: voanews.com

(Source: Inside Retail Asia | August 2, 2017) International brands are disproportionately favored in China’s apparel market, undermining local labels, a new report reveals. With double-digit growth for decades, the market has emerged as a key battlefield for brands, says The China Apparel Market: Indigo is the New Blue, a report launched by global consulting company OC&C Strategy Consultants. It ...

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TripAdvisor China partners with Thai retailers

07-16 TripAdvisor China partners with Thai retailers

(Source: Inside Retail Asia | July 7, 2017) Travel site TripAdvisor China has partnered with five retail groups in Thailand to further enhance the shopping experience for Chinese tourists in Bangkok. TripAdvisor says Chinese travelers show more interest in visiting Thailand than any other inbound market. Chinese users of its website continue to grow year-on-year by 56 percent. During the ...

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