Lei Jun says Xiaomi is a retail business and the goal is to be another MUJI
"I believe for most people, the "MI" brand is quite familiar. But few of them know Xiaomi well." Lei Jun said so in a public speech on August 31. On August 31,...
Tag: #costco
Showing 6 of 6 posts with this tag
Costco’s First Chinese Store Flooded on Opening Day
American retail giant Costco is deepening its foothold in the Chinese market with the opening of its first store in Minhang, Shanghai.
"Copy to China" Companies that Just Aren't Fitting In Well
Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was "Copy to China". We ...
Costco CFO Says Company Expects to Open New Store in Shanghai by 2020 at the Earliest
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.
9/2/20193 min read
Costco Must Overcome Three Challenges to Break into the Chinese Market
In October, 2014, Costco opened up an overseas flagship store on TMall International to give e-commerce in China a shot. On January 23rd, 2016, Costco opened a...
Xiaomi CEO Lei Jun: How Xiaomi Turned the Tables
Recently over 30 council members of the Yabuli China Entrepreneurs Forum (CEF) paid a visit to Xiaomi headquarter. The president of the forum, Chen Dongsheng, c...