Yonghui Superstores Announces Chinese Retail Store Data
With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 2011. During 2011, Yonghui Superstores opened 49 new retail...
View ArticleCR Vanguard's BLT Supermarket Enters Second-tier Chinese City For The First Time
China Resources Vanguard, the retail subsidiary of China Resources (Holdings) Company, has announced the opening of its new BLT boutique supermarket in Zhongshan, Guangdong province, marking BLT's...
View ArticleVIPmimi.com Launches Targeted Travel Deals To Chinese Internet Users
VIPmimi.com has unveiled its latest offering of targeted hotel, airline, and dining promotions to Chinese consumers. With a long roster of top hotel international clients like Starwood,...
View ArticleAeon Plans To Open Japanese-style Supermarkets In China
Japanese supermarket giant Aeon and Japan's leading food wholesaler Mitsubishi Shokuhin will team to operate food-oriented supermarkets in China. According to reports in Chinese local media, the two...
View ArticleNestle To Establish Two New R&D Organizations In China
World's leading food and beverage company Nestle announced plans to establish two new research and development organizations in China. These two new R&D organizations respectively apparently target...
View ArticleMore Chinese Are Using Mobile Phones To Pay For Online Goods
Chinese third-party Internet payment service provider Alipay.com has published its report showing that the mobile payment service developed rapidly in China in 2012 with 546% year-on-year growth by...
View ArticleDecathlon To Open 25 New Stores in China In 2013
World's leading sports supplies retailer Decathlon has accelerated its expansion in China and opened its third store in Guangzhou, Guangdong province. Located in Panyu Lee-Garden New World, the new...
View ArticleDanish Juice Giant Builds New Plant In Guangdong
CO-RO Food, a 70-year-old Danish juice company, has built its new plant in Guangdong province. Nils Ronnow, president of CO-RO Food China, said that China has become the second largest market for CO-RO...
View ArticleTech Company Signs Deal For More Chinese Cinemas
3D technologies company RealD Inc. has signed a deal to expand its technologies across 50 more theaters in China. RealD and Zhejiang Xingguang Cinema Circuit announced an agreement to equip 50...
View ArticleUni-president May Acquire Shanghai Huiyuan For CNY300 Million
Taiwan's Uni-president Group recently announced plans to acquire Shanghai Huiyuan, a wholly-owned subsidiary of Huiyuan Juice, for CNY300 million. According to the Taiwanese company, they will only...
View ArticleHerbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan. China's Ministry of Commerce granted Herbalife the Yunnan license, which...
View ArticleMainland Chinese Travelers To Hong Kong Up 16.2%
More Chinese flocked to Hong Kong during the first six months of 2013 than in the same period in 2012. The Hong Kong Tourism Board announced that mainland Chinese visitor arrivals were up 16.2% in the...
View ArticleForever 21 Opens New Store In Shenzhen
American popular fashion chain Forever 21 has opened a new store at the Coastal City shopping mall in the Nanshan district of Shenzhen. This is the brand's third store in mainland China, following the...
View ArticleWalmart's Chinese E-Commerce Website Hits New Highs
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013. At the same time, Yu announced the company's five major strategies for...
View ArticleChina's Little Sheep Launches First Rebranded Restaurant After Yum Acquisition
Chinese hotpot restaurant chain Little Sheep launched its first remodeled restaurant since its acquisition by U.S.-based Yum. The restaurant is located in Dongguan, Guangdong province. After acquiring...
View ArticleWal-Mart Enhances Supplier Checks And Focuses On Food Safety In China
Paul Gallemore, chief compliance officer of Wal-Mart China, announced that after the company's decision to invest CNY100 million in food safety from 2013 to 2015, Wal-Mart plans to further increase its...
View ArticleSouthern Chinese Resort Development Secures First Round Funding
Asia Pacific Investment House has successfully completed its first round of financing for an ultra-luxurious resort development in southern China. The resort development named HMB Avication in China...
View ArticleDanish Juice Giant Builds New Plant In Guangdong
CO-RO Food, a 70-year-old Danish juice company, has built its new plant in Guangdong province. Nils Ronnow, president of CO-RO Food China, said that China has become the second largest market for CO-RO...
View ArticleTech Company Signs Deal For More Chinese Cinemas
3D technologies company RealD Inc. has signed a deal to expand its technologies across 50 more theaters in China. RealD and Zhejiang Xingguang Cinema Circuit announced an agreement to equip 50...
View ArticleUni-president May Acquire Shanghai Huiyuan For CNY300 Million
Taiwan's Uni-president Group recently announced plans to acquire Shanghai Huiyuan, a wholly-owned subsidiary of Huiyuan Juice, for CNY300 million. According to the Taiwanese company, they will only...
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