Alibaba Group is reportedly contemplating the sale of its retail subsidiary, Intime Retail, as part of a broader strategic reassessment.
He Xiaodong, the Vice President of JD.com, which is one of China's largest e-commerce companies, announced on April 8 at a summit that the company will be launching an "industrial version" of ChatGPT called ChatJD this year.
Miniso, a US-listed consumer home goods retailer, has received approval from the Hong Kong Stock Exchange for a dual primary listing.
According to the official website of the Hong Kong Stock Exchange (HKEx), Beijing UBOX Online Technology Corp. (UBOX), a Chinese unmanned retail operator, formally submitted an application for a public listing on May 27.
Chinese e-commerce giant JD.com has recently completed a makeover of its listed categories, while the company's existing Fashion Home Business channel has been upgraded to the New Department Store channel.
Jingpin Hi-Tech, a smart retail firm specializing in Software as a Service (SaaS) systems, has recently completed an A round of financing worth tens of millions of yuan, featuring exclusive investment from Plum Ventures.
Chinese e-commerce giant JD.com has formed a strategic partnership with Ottawa-based Shopify to help U.S. merchants sell their goods in the world’s second-largest economy.
Chinese media outlet 36Kr reported today that recently, Laxcen Technology Inc., announced the completion of a new round of financing worth 170 million yuan ($26.58 million).
Chinese SaaS service provider Youzan Technology Inc. submitted an updated application to the Hong Kong Stock Exchange this Monday, with GF Capital (Hong Kong) Limited as its sole sponsor.
Dada Group, China's local on-demand delivery and retail platform, announced Tuesday that it is set to advance an autonomous delivery operation open system to normalize the scalable use of unmanned delivery vehicles.
Chinese new retail enterprise KK Group, formerly known as KKguan, has recently completed a new round of financing worth approximately US$300 million.
The economic recession triggered by the coronavirus pandemic has spawned a global cohort of newly budget-conscious consumers, which has given a push to low-priced retailers such as Miniso.
Suning Retail Cloud announced on March 30 that it achieved its goal of opening 600 retail cloud stores in the first three months of 2021.
On the evening of Jan. 6, it was reported that middle and senior executives of Luckin Coffee signed a joint letter, accusing the current chairman and CEO Guo Jinyi.
On Dec. 28, China’s commercial giant Suning Group and its subsidiary Suning International partnered with Hainan Tourism Investment Development Co. Ltd to expand its duty-free retail market.
Budget retail store Miniso is joining the global toy market with the debut of its TOP TOY store in Guangzhou.
Lifestyle product retailer MINISO opened its 100th post-IPO store in Madrid on Nov.6, amidst industry-wide scaling back and closings.
Alibaba Group Holding Ltd. said on Monday it will invest about $3.6 billion to increase its stake in Sun Art Retail Group Ltd., one of China’s largest supermarket operators.
Chinese discount retailer Miniso saw a robust NYSE debut on Thursday, raising $608 million with its stock rising as high as $24.90, well above its price range of $16.50 to $18.50.
China’s retail services platform Meituan officially released its first AI smart store MAI Shop on Wednesday in Beijing, bringing a new unmanned delivery retail experiences to residents.