E-COMMERCE

Wanda, Tencent Set Up USD668 Million Smart Retail JV

Wanda, Tencent Set Up USD668 Million Smart Retail JV

Chinese multinational conglomerate Wanda Group’s unit Wanda Commercial Management Group and Chinese tech titan Tencent Holdings have set up a joint venture with…

Aug 15, 2018
Liu Jing & Liao Shumin
JD.Com, Zhejiang Zhenyuan Pair to Build Drug Distribution Center

JD.Com, Zhejiang Zhenyuan Pair to Build Drug Distribution Center

Chinese e-commerce colossus JD.Com will join with Zhejiang Zhenyuan Pharmaceutical to build a leading regional smart pharmaceutical logistics and warehousing center in Zhejiang province in southeastern China.…

Aug 13, 2018
Tang Shihua
E-Commerce Makes China the Origin for 84% of International Parcels in Russia

E-Commerce Makes China the Origin for 84% of International Parcels in Russia

E-Commerce Makes China the Origin for 84% of International Parcels in Russia

Aug 10, 2018
Chen Juan
Tencent-Backed Online Marketer Weimob Files for Hong Kong IPO

Tencent-Backed Online Marketer Weimob Files for Hong Kong IPO

Tencent-Backed Marketing Platform Weimob Files for Hong Kong IPO

Aug 7, 2018
Liao Shumin
Alibaba's Taobao, Alipay Start Offering Group Buying Service to Rival Pinduoduo

Alibaba's Taobao, Alipay Start Offering Group Buying Service to Rival Pinduoduo

Alibaba's Taobao, Alipay Start Offering Group Buying Service to Rival Pinduoduo. Alibaba Group Holding's e-commerce platform Taobao has joined hands…

Aug 7, 2018
Xu Zuwei & Liao Shumin
China’s Cosmetics Fakers Splash Out Millions to Create Convincing Lookalikes

China’s Cosmetics Fakers Splash Out Millions to Create Convincing Lookalikes

China's Meticulously Faked Cosmetics Spread Over Online Platforms . China's police have found more than 80,000 fake cosmetics items,…

Aug 7, 2018
Xu Zuwei
China's Esun to Provide 3D Displays for JD.Com's Wearables, Home Appliances

China's Esun to Provide 3D Displays for JD.Com's Wearables, Home Appliances

China's Esun to Provide 3D Displays for JD.Com's Wearables, Home Appliances. Esun Display will sell 3D screens to e-commerce giant…

Aug 6, 2018
Tang Shihua
Tencent Spent USD27 Bln in First Seven Months on Social E-Commerce Startups

Tencent Spent USD27 Bln in First Seven Months on Social E-Commerce Startups

Tencent Holdings has gradually shape-shifted into a venture capitalist in recent years, with investments in a multitude of startups, prioritizing the social media e-commerce in which it excels.

Aug 3, 2018
Duan Qianqian
Suning.Com Posts Nearly 20-Fold Jump in Profits in First Half

Suning.Com Posts Nearly 20-Fold Jump in Profits in First Half

China's e-commerce giant Suning.Com has reported CNY6 billion net profit in the first half, which is over 19.5 times higher than that of last year's.

Jul 31, 2018
Wang Hai
Shanghai Firms Claim 21 Slots on China’s Top 100 Web Firms List

Shanghai Firms Claim 21 Slots on China’s Top 100 Web Firms List

As many as 21 Shanghai-based firms made the list of top 100 internet companies in China, per latest official data,…

Jul 30, 2018
Qian Tongxin
Suning to Splurge USD1.5 Billion, Source Scarce Euro Goods Via Import Expo

Suning to Splurge USD1.5 Billion, Source Scarce Euro Goods Via Import Expo

Chinese mega-retailer Suning Holdings Group plans to buy wares from exhibitors at the First China International Import Expo, European consumer…

Jul 30, 2018
Wang Hai
After Beijing's Palace Museum Went Online, It Sold Over USD147 Mln of Products

After Beijing's Palace Museum Went Online, It Sold Over USD147 Mln of Products

The Palace Museum in Beijing's historical Forbidden City sold over CNY1 billion (USD147.5 million) worth of products last year, boosted by its presence on e-commerce platforms.

Jul 26, 2018
Liu Jing & Tang Shihua