Singapore is predicted to hit almost S$10 billion (US$10 billion) in online sales for this year alone.…
China tipped to be world’s largest apparel market by 2023, beats U.S.
In light of predictions of a 15% decline in global apparel sales in 2020, due to impact of the Covid-19 pandemic, China is poised to topple the U.S. as the largest apparel market in the world over the…
Home appliances dominate online sales in China
Customers are pursuing health-centered products after the COVID-19 outbreak.…
Hong Kong government to bail out Cathay Pacific
As reported by SCMP, Cathay’s restructuring package marks the first time the Hong Kong government has directly injected money into a private company.…
JD.com bets on wine
JD.com and the China Alcoholic Drinks Association jointly held its second Wine Tasting and Evaluation Conference in Beijing.…
Folli Follie Hong Kong files for liquidation
Folli Follie Hong Kong filed for voluntary liquidation when the company realized that it is insolvent, according to Mingpao.…
Kimly completes acquisitions of six food outlets
Kimly Limited announced that it has completed the acquisitions of six food outlets first announced on 21st February 2020 for US$25.4 million.…
Adidas reported positive revenue growth in Greater China
Adidas said that sales have returned to growth in Greater China than it had expected in May after Covid-19 lockdown.…
Macau retail sales almost halve in first quarter 2020
Retail sales in Macau have almost halved since the beginning of 2020 compared to the same quarter last year, on the back of restrictions relating to the global Covid-19 pandemic.…
JD Central to launch 618 shopping festival in Thailand
JD Central, the e-commerce joint venture of JD.com in Thailand, launched its biggest mid-year shopping festival on 29th May, which will last until 20th June.…