PAG has completed investment in Chinese gourmet coffee brand %Arabica, becoming a major shareholder of the firm.
Shanghai has always been a pioneer in all sorts of “avant-garde” concepts, even compared with Beijing, whether it's some new policy, or a milk tea brand that's become wildly popular through promotions by web celebrities.
Alipay, a payment and lifestyle platform by Ant Financial, has connected more than 300,000 Japanese merchants as of early 2019, a 500 percent increase compared with last year.
Didi Chuxing (DiDi) announced a joint venture with SoftBank on July 19 to offer on-demand taxi-hailing services and smart transportation solutions for customers in Japan, the world’s third largest economy.
Mobike, China’s shared bicycle giant, will officially enter the Japanese market this year starting with Tokyo in June. Mobike will enter several Japanese cities this year with 30,000 bicycles. Mobike will cooperate with convenience store giants and restaurant chains to set up dedicated spaces to park bicycles in their shops.
OPPO announced its intent to enter the Japanese market with its full-screen handset, the OPPO R11s, at a press conference in Tokyo on January 31. The handset is expected to improve photo experience for Japanese consumers.
Mobike announced it had reached strategic partnership with LINE, Japan’s largest mobile social networking service provider, on December 20.