Chinese consumers Archives

China’s Annual Parcels And Express Volume Exceeds 100 Billion, Average Daily Service Registers Nearly 700 Million

The real-time monitoring data of parcels and express packages handled by China's State Post Bureau showed that delivery volume in China reached 100 billion units in 2021.

In Conversation With Tang Binsen of Chinese Beverage Giant Genki Forest: A Mogul, a Pirate, a Product Manager

Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.

Genki Forest Denies Rumors Its Latest Valuation Is Approaching $15 Billion

It was reported that Genki Forest "is nearing completion of a new round of financing, with a target valuation of $14-15 billion, which is more than doubled compared with the previous round of $6 billion."

Looking Beyond China, Budget Store King Miniso Eyes Growth Opportunities in Overseas Markets

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 Unveils “One-stop Solution” for Foreign Brands Seeking Entry into China

Suning International, the international business arm of Chinese retail giant Suning Group, unveiled a new cross-border initiative that will see the company partner with foreign brands that are seeking entry into China.

Ford, Infiniti and Alibaba’s UC Browser Denounced for Unfair Practices on Chinese Consumer Rights TV Show

During a popular annual television program broadcast by state-run China Central Television on March 15 – which is also World Consumer Rights Day – several domestic and foreign brands were singled out for violations of consumer rights.

IMAX Signs Deal With Broadway Studios to Open Four New Theaters in Shanghai

Following the record-breaking box office earnings during the Spring Festival, IMAX’s Mainland China arm IMAX China and Broadway Studios have announced a new agreement.

Pinduoduo Leads Farm-to-Table Movement in China

One of China’s leading interactive e-commerce platforms Pinduoduo (PDD) has capitalized on new opportunities to source fresh farm produce and deliver it to consumers.

What Are Chinese Female Shoppers Snapping Up This Winter

On Nov. 25, e-commerce platform Pinduoduo released a list of its top consumer goods for women in early winter.

Xiaomi Head Resigns Amid Controversies After Calling Fans “Losers”

Young Xiaomi fans were referred to as diaosi, roughly translated into losers in English, by a Xiaomi head at a forum in Beijing.

Pinduoduo’s New Venture into Online Grocery Shopping in Quest to Expand Agriculture Share

Pinduoduo, China’s largest e-commerce platform for agricultural products, has announced its Q3 earning last night and its user number has strongly increased to over 730 million buyers.

Pinduoduo’s Consumer-to-Manufacturer Model Helps Brands Domestic Sales During Pandemic

For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.

What is Really Behind China’s Insatiable Craving for Luxury Goods?

No matter how much money some Chinese young professionals earn each month, their desire for luxury goods and lifestyle remains unsatiated.

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