Chinese budget lifestyle retailer Miniso has officially listed on the main board of the Hong Kong Stock Exchange (HKEx) with "9896" as its ticker symbol. The firm's opening share price was HK$13.20 ($1.68) – lower than the actual listing price of HK$13.80 ($1.76).
Suning.com, a Chinese retail e-commerce platform, issued a statement on Wednesday saying that reports of "Suning's bankruptcy liquidation" were a rumor. The company is operating normally at present.
Chinese retail platform Suning.com officially launched its flash delivery service on Friday, entering the already crowded intra-city instant retail field.
Chinese tech giant Huawei and retail platform GOME Holdings are in talks to cooperate on digital retail upgrades. Both parties are very likely to build a digital operation system centered on the consumer experience.
The Top 250 global retailers generated an aggregated revenue of $5.11 trillion in the fiscal year of 2020 ending within the 12 months from July 1, 2020 to June 30, 2021, representing composite growth of 5.2%.
Shanghai Yibaimi Network Technology Co., Ltd., the operator of fresh food e-commerce platform Dingdong Maicai, changed its business registration information on January 24.
According to Chinese enterprise data platform Tianyancha, GOME Sharing Economy (Tianjin) Co., Ltd. was established recently with a registered capital of 100 million yuan ($16 million).
Suning.com issued a letter to all of its employees on Monday, saying that it will strive to attain a positive EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in the month of November.
Suning.com has reported the incident to public security officials, and the rumormongers will be investigated for legal responsibility according to law.
Missfresh Limited, a leading neighborhood retail company in China, today announced its unaudited financial results for the third quarter ending September 30, 2021.
KK Group, a retail unicorn startup, submitted an IPO application to the Hong Kong Stock Exchange on Thursday.
On October 29, Suning.com released its performance report for the first three quarters of 2021, showing that the company's operating income in the third quarter was 21.968 billion yuan ($3.4 billion), down 64.82% year-on-year.
Dada Group, China’s local on-demand delivery and retail platform, and JD.com today announced that they jointly launched "Shop Now", the JD Xiaoshigou.
Dada Group, a Chinese local on-demand delivery and retail platform, announced that its JD Daojia (JDDJ) platform hosted the first “JD Daojia Brand Partner Conference” in Shanghai on Thursday.
According to the Tianyancha app, Suning.com has undergone a series of industrial and commercial changes. For instance, its legal representative has been changed from Zhang Jindong to Ren Jun.