While Apple’s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will not be available in stores until September 20, online pre-sales for the new handset have exceeded expectations by a landslide.
American wholesale company Costco’s CFO, Richard Galanti, disclosed that the company will be adding a second store in Shanghai by next year at the earliest.
Los Angeles-based sneaker trading and authentication platform GOAT has marked its entry to the Chinese market with a giant black “shoe box”.
American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.
OYO China, a leading hotel chain brand, will layoff a substantial amount of their staff, amidst a company reorganization.