China’s hypermarket operator Yonghui Superstores Co Ltd, supermarket giant Parknshop China, and China’s tech giant Tencent recently signed agreement to jointly establish a sino-foreign joint venture (JV) in China, Shanghai Securities News reported on...

October25,2018

French retailer Carrefour SA has announced a potential investment by Chinese tech giant Tencent Holdings Ltd and hypermarket operator Yonghui Superstores Co Ltd in Carrefour China, aiming to boost its struggling Chinese businesses.

January24,2018

Chinese supermarket chain operator Yonghui Superstores Co., Ltd. reported robust net profit growth in the first quarter (Q1) despite the bite of the COVID-19 epidemic.

May06,2020

A space-based measurement and control system composed of multiple relay satellites has guaranteed clear and smooth communication between ground control and Chinese astronauts in space.

June25,2021

The business is booming thanks to the full resumption of customs clearance. Local statistics showed that the number of people passing through the port exceeded 100,000 from Jan. 8 to Feb. 8, with the daily average recently hitting nearly 6,000.

February21,2023

Between 2010 and 2022, coffee consumption per person in China rose fourfold, said the International Coffee Organization. More than half of Chinese coffee drinkers consume at least three cups a week, according to Statista.

August22,2024

Three years since its launch, the China-Laos Railway has handled over 43 million passenger trips and more than 48.3 million tonnes of cargo, with safe operations.

December04,2024

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) stands as one of China's most open and economically dynamic areas, and is also among the regions with the highest economic development quality.

December23,2024

With better revenues and profits, Chinese brick-and-mortar shops have begun to see signs of recovery from the impact of booming online sales.

January30,2018

Chinese tech giant Huawei announced the signing of a Memorandum of Agreement (MoA) with the Polytechnic University of the Philippines (PUP) to help talents get access to Huawei’s high-end information and communications technology.

July25,2019

Chinese online grocery and delivery company Dada-JD Daojia recently announced a formal collaboration with French hypermarket chain Carrefour SA, with a plan to have approximately 200 Carrefour stores having presences on JD Daojia by the end of this year.

October18,2018

The online retail sector maintained rapid growth in the first four months of the year amid the ongoing trend of internet giants moving their presence offline.

May25,2018

JD.Com, China's leading technology driven e-commerce company and retail infrastructure service provider, announced on Tuesday its net profit from continuing operations under GAAP was 1.5249 billion yuan for the first quarter of 2018.

May09,2018

Chinese internet giant Tencent Holding has invested in several traditional retailers, such as Carrefour SA's China unit and Yonghui Superstores, but Pony Ma Huateng, said that the company does not plan to directly take up retail business itself.

March27,2018

Dada Nexus Limited, a Nasdaq-listed on-demand delivery and retail platform in China, has boosted the retail sales promotion of supermarkets by providing them with "crowdsourced picking" services, reported Shanghai Securities News Monday.

August10,2021

With better revenues and profits, Chinese brick-and-mortar shops have begun to see signs of recovery from the impact of booming online sales.

January30,2018

JD Daojia, the on-demand retail platform of Dada Group, will offer coupons with a total value of more than 250 million yuan ($35.2 million) to consumers of more than 700 cities and counties nationwide during its fifth anniversary shopping festival held from April 5 to April 16.

April02,2020