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Eric Shen VIPShop

Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B

2019/07/14 by Jan Kot Leave a Comment

China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB 2.9 billion ($422 million).

New York… Read More>>

Liu Qiangdong jd.com

JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years

2018/09/23 by Emma Zhou Leave a Comment

China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business.

Wang Xiaosong, CEO of… Read More>>

stephen hawkins

Logos Agrees to Buy Site for S$270M Singapore Warehouse

2018/08/02 by Richard Meyer Leave a Comment

Logos Property has agreed to purchase an industrial site near Singapore’s West Coast Highway as the regional logistics real estate firm continues to grow its presence in Southeast Asia.

Following completion of the acquisition, Logos says it will redevelop the… Read More>>

wang xiaosong 7Fresh

JD.com Aims to Open 500 High Tech Supermarkets in Five Years

2018/05/30 by Shawna Kwan Leave a Comment

The brick and mortar competition among China’s tech giants continues to heat up with JD.com announcing earlier this week that it would open 500 of its 7Fresh supermarkets in five years. This latest expansion into offline retail by China’s second-largest… Read More>>

Jingdong FamilyMart

JD.Com Ties Up With FamilyMart to Rush Duck Neck and Stinky Tofu to Mainland Couch Potatoes

2018/03/01 by Shawna Kwan Leave a Comment

China’s second-ranking e-commerce platform, JD.com, is now the country’s number one couch potato enabler, serving up fast food, Oreos and stinky tofu straight from the nearest FamilyMart convenience store to the comfort of every Internet user’s living room.

Under the… Read More>>

Wanda Baidu Tencent

Wanda Repackages Flailing O2O Platform into New Online Division

2016/10/17 by Cheyenne Hollis Leave a Comment

Dalian Wanda Group is still licking its wounds after Tencent and Baidu walked away from the trio’s $3 billion ffan.com ecommerce joint venture in August. However, the conglomerate controlled by China’s richest man may not be quite ready to fold… Read More>>

New South China Mall

Chinese Think Tank Says 1/3rd of Mainland Malls to Close Within 5 Years

2016/09/09 by Cheyenne Hollis 1 Comment

More bad news for China’s struggling brick and mortar retailers as a recent report from the Chinese Academy of Sciences and Social Sciences Academic Press predicted as many as one-third of all shopping centers in China will close their doors… Read More>>

Concord City

Shanghai Mall Developer Buys Ad Urging Shoppers to “Say No” to Ecommerce

2016/01/04 by Michael Cole Leave a Comment

E-commerce has become a star of China’s rapidly transforming economy, but there are signs that all the attention being garnered by platforms like Alibaba’s Taobao may have generated resentment among some of the players being pushed from centre stage.

That… Read More>>

Wang Jianlin Jack Ma

Wanda Takes Aim at O2O Prize with Buy of Online Payment Provider

2014/12/29 by Michael Cole Leave a Comment

Fresh off of a $3.7 billion Hong Kong IPO, China mall developer Dalian Wanda is attempting to put some of its new cash to work in the world of ecommerce.

The owner of China’s biggest chain of malls – with… Read More>>

Wanda Plaza Xiamen

What If Wanda’s Marked Down $3.8B IPO Isn’t Cheap Enough?

2014/12/09 by Michael Cole Leave a Comment

After ratcheting down the size of its Hong Kong initial public offering this week, China’s Dalian Wanda Commercial Properties has attracted enough buyers on the first day of order taking to sell out the entire $3.8 billion in shares.

The Beijing-based… Read More>>

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