retail platform Archives

Alibaba’s Freshippo Establishes Sustainable Development Department

On World Environment Day, June 5th, Freshippo, Alibaba Group's digital intelligence-powered new retail company, announced the foundation of a sustainable development department.

JD Logistics and JD Retail Undergo Adjustments to Enhance Decision-making Power of Provincial Leaders

JD.com's logistics arm is undergoing a new round of organizational adjustments by establishing four independent business units for supply chain, express delivery, fast delivery, and international business.

JD Retail Initiates Major Organizational Transformation

Leading Chinese e-commerce company JD.com's retail business is undergoing a major organizational change to respond to development in the increasingly competitive environment.

Miniso Releases New Brand Strategy Amid Record High Gross Margin

On the 10th anniversary of its founding, Miniso, a Chinese discount retailer of lifestyle and household goods, announced its updated global brand strategy.

Carrefour China Given State-owned Funding Amid Bankruptcy Speculation

Supermarket chain Carrefour China, affected by the impact of e-commerce and the epidemic, reached a cooperation agreement with a state-owned facility in East China’s Anhui Province on February 20 to help with its business upgrading.

Retail Brand Miniso Opens First Flagship Store in China

Chinese variety store Miniso opened its first flagship store on February 5 along Chunxi Road, a pedestrianized shopping street in Chengdu, the capital of China's Sichuan Province.

Chinese Home Appliance Retailer Gome Refutes Rumored Bankruptcy Liquidation

In response to bankruptcy rumors circulating in the market recently, Gome, a Chinese home appliance enterprise, issued a statement on the evening of December 1 saying that the company and other subsidiaries of Gome Holding Group had not received any legal documents or inquiries related to bankruptcy.

Alibaba Launches E-Commerce Platform Miravia in Spain

Earlier this month, Chinese e-commerce giant Alibaba was reported to be officially launching Miravia, a new e-commerce platform for the Spanish market. A source close to the company confirmed this news.

Electronics Firm GOME Delays Employee Wages, Seeks New Financing

Huang Xiuhong, the chairman of Beijing-based electronics retailer GOME Holdings, said recently that until the end of December, the company will only provide social security to its employees, and it will not pay wages.

Miniso Calls Blue Orca Capital’s Short-Selling Report Groundless

Global technology-based retail firm Miniso announced on September 15 the results of an independent investigation into a highly critical report released in late July by Blue Orca Capital. Miniso asserted that allegations made in the report have no factual basis.

Lifestyle Retailer Miniso Completes Hong Kong IPO

Chinese budget lifestyle retailer Miniso has officially listed on the main board of the Hong Kong Stock Exchange (HKEx) with "9896" as its ticker symbol. The firm's opening share price was HK$13.20 ($1.68) – lower than the actual listing price of HK$13.80 ($1.76).

Missfresh Q3 Financial Report: Earnings Beat Guidance As GMV Rises to RMB2.57 Billion and Average Order Value Increases to Industry Highest of RMB88.4

Missfresh Limited, a leading neighborhood retail company in China, today announced its unaudited financial results for the third quarter ending September 30, 2021.

Alibaba’s Freshippo Establishes Sustainable Development Department

JD Logistics and JD Retail Undergo Adjustments to Enhance Decision-making Power of Provincial Leaders

JD Retail Initiates Major Organizational Transformation

Miniso Releases New Brand Strategy Amid Record High Gross Margin

Carrefour China Given State-owned Funding Amid Bankruptcy Speculation

Retail Brand Miniso Opens First Flagship Store in China

Chinese Home Appliance Retailer Gome Refutes Rumored Bankruptcy Liquidation

Alibaba Launches E-Commerce Platform Miravia in Spain

Electronics Firm GOME Delays Employee Wages, Seeks New Financing

Miniso Calls Blue Orca Capital’s Short-Selling Report Groundless

Lifestyle Retailer Miniso Completes Hong Kong IPO

Chinese E-Commerce Platform Suning.com Denies Bankruptcy Liquidation

Chinese Retail Platform Suning.com Unveils Flash Delivery Service

Huawei Reportedly to Cooperate With Local Retail Giant GOME

Chinese Retailer Ranks Among Top 10 Retailers Globally

Dingdong Maicai Adds 4.5 Billion Yuan in Registered Capital, Bike-Sharing Services Included in Business Scope

Suning.com Sends Letter to All Employees

Suning.com Smashes Bankruptcy Rumors on Heels of $644.68 Million Q3 Net Loss

Missfresh Q3 Financial Report: Earnings Beat Guidance As GMV Rises to RMB2.57 Billion and Average Order Value Increases to Industry Highest of RMB88.4

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