Barely a month after Carrefour's announcement that it did not consinder selling its Chinese branch, it sells 80 % to local retailer Suning.com.
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As Aldi opened its first two Chinese supermarkets in Shanghai, early images suggest that Aldi is aiming for a higher position in the market in China than it has here. There was no lack of interest, with long queues at the entrances.
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German discounter Aldi will open its first two stores in China on 7 June. The two stores in Shanghai mark the beginning of an ambitious expansion scheme on the huge Chinese market, in which the retailer hopes to convince the growing middle class.
Chinese retail giant Alibaba is looking at the possibility of a flotation on the Hong Kong stock exchange. The company is looking to raise billions in extra capital and become less dependent of the United States by appealing directly to Chinese investors.
Ikea is looking to sell its products in China through existing sales platforms. Conversely, the chain will be developing its own digital marketplace for Europe.
In its last financial year, Alibaba saw its turnover and profit reach double-digit growth again. Pushed by new algorithms, conversion rates in China soared - making it the only branch of the company that is already profitable.
Carrefour has no plans to sell its Chinese branch, a spokeswoman for the French retailer said to end to the rumours that have been circulating.
Will WeChat creator Tencent become Kruidvat's co-owner? The Chinese tech company is considering taking an interest in A.S. Watson, the group behind the drugstore chain. Tencent's rival Alibaba is also interested.
Chinese internet giant Alibaba is looking for a new source of revenue: it has opened a "hotel of the future" in Hangzhou, brimming with its own technology.
American Office Depot and Chinese e-commerce giant Alibaba have set up a joint e-commerce platform aimed at small and medium-sized companies.
Sun Art's French CEO is to step down and be replaced by a Chinese successor. The retail group is in French (Auchan) and Chinese (Alibaba) hands, and this move turns out to be proof that China is anything but an easy market for Western companies.
After a turnover decrease in 2017, Danish toy manufacturer Lego saw its turnover and its profit improve once more in 2018, thanks to a double-digit growth in China.
Two big names in Asian e-commerce are working together: Chinese JD.com and Japanese Rakuten have signed an agreement to start using technology developed by JD.com, such as drones and robots, in Rakuten's unmanned delivery solutions in Japan.
In Vienna, Chinese cellphone brand Huawei is soon opening its first store outside of China. While it claims it is already the second largest smartphone supplier in Austria, it is looking to strengthen its position in the rest of Europe.
In terms of growth, 2018 was the best year cosmetics brand L'Oréal has had in a decade. The success is mainly due to the Asian market and the so-called 'lipstick effect'. 2019 looks promising as well.