Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR wins another battle in its plan to expand its shed empire and a Singaporean developer goes hotel shopping in Perth. Back in… Read More>>
Leading today’s property news from around the region, one of America’s best known entrepreneurs crossed the front lines of the current trade war to purchase an 860,000 square metre Shanghai site, as Tesla gears up to start production in China.
Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform aims to raise $200 million from GIC, a Foster+Partners project breaks ground in Shanghai and KPMG predicts big things for… Read More>>
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>>
India may be the hottest market for some international real estate investors this year, but that doesn’t mean that everyone who enters the market will win, as US financial giant JP Morgan decides to give up and go home after… Read More>>
Leading today’s roundup, Google is ramping up its retail investments in China as it aims to counter internet behemoth Alibaba, by ploughing over half a billion dollars into e-commerce titan JD.com. Also in the headlines, China’s home prices and property… Read More>>
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>>
Carrefour has opened its first-ever smart supermarket in Shanghai in partnership with Tencent, four months after the parent company of China’s ubiquitous WeChat app bought a stake in the French retailer. The Le Marche store in China’s commercial capital is… Read More>>
Shanghai-based logistics developer ESR today announced that a subsidiary of JD.com, China’s second-largest ecommerce player, is investing $306 million into the regional warehouse builder.
The logistics investment by the $53 billion high tech retailer provides a boost both for the… Read More>>
Leading today’s roundup, e-commerce giant JD.com is ramping up its logistics investments by bagging a 10 percent stake in China’s second-largest warehouse developer. The residential arm of Vietnam’s Vingroup is believed to have raised about $1.35 billion in its initial… Read More>>