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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>>

Pony Ma Tencent

Tencent, Hillhouse Agree to $145M O2O Retail Deal With Miniso

2018/10/05 by Emma Zhou Leave a Comment

Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with Japanese-style retailer Miniso, according to an announcement by the Guangzhou-based company on Monday.

“The investment of Tencent and Hillhouse Capital will help the future… Read More>>

Denis Ma JLL

Omnichannel Retail is Coming to Hong Kong, But Don’t Expect Lower Rents Says JLL

2018/05/14 by Shawna Kwan Leave a Comment

The future of retail is about to be delivered to Hong Kong’s commercial developers, and it’s coming via the Internet, according to a report released today by property consultancy JLL.

The company’s report on the city’s shopping scene, “Reimagining Retail… Read More>>

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