Wang Jianlin’s Dalian Wanda maybe have finally found its way out of China’s regulatory dog house as the mainland commercial developer is said to have been allowed to secure a $800 million offshore loan. While Wanda may be on the… Read More>>
Wanda and Tencent Reboot Retail Partnership With Smart Mall JV
Chinese Internet giant Tencent is making a second attempt to help Dalian Wanda Group take its shopping mall empire online, as the maker of China’s ubiquitous WeChat app renews a once-failed partnership with the commercial developer.
Under the terms of… Read More>>
Carrefour, Tencent Open First Le Marche Smart Supermarket in Shanghai
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>>
New World to Build Hospitals with Tencent’s We Doctor and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, mainland tech giants continue to build partnerships with the region’s biggest builders, with New World Developments new deal to build hospitals in the mainland and Hong Kong with Tencent-backed online healthcare service provider… Read More>>
Brookfield Closes in on Buying $185M India Office Block and More Asia Real Estate Headlines
India is back in the news today as the subcontinent’s real estate assets continue to show their appeal to the world’s largest private equity players. In addition to Brookfield’s reported offer for a Hyderabad office block, global brokerage Savills is… Read More>>
JD.Com Ties Up With FamilyMart to Rush Duck Neck and Stinky Tofu to Mainland Couch Potatoes
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>>
Tencent, Sequoia and China Life Lead $2.5B Financing Round for JD Logistics
It’s been less than 10 months since JD.com launched its own logistics business, but the warehousing and shipping subsidiary of China’s second-largest ecommerce player has already raised $2.5 billion from some of the mainland’s biggest investment firms, according to an… Read More>>
AI-Driven Store is All Done After Abbreviated Debut in Chengdu
While artificial intelligence and facial recognition may be the road ahead for physical retail, the promise of online efficiency and future growth may not yet have made it to Chengdu, at least for one retailer.
GOGO unmanned market, the first… Read More>>
Tencent, JD.Com, Suning and Sunac Bet $5.4B on Transforming Wanda into O2O Giant
Wanda boss Wang Jianlin has been selling properties in the UK, Australia and mainland China to help lessen his debt load, and now the owner of China’s biggest commercial developer is selling off nearly 14 percent of his flagship commercial… Read More>>
Tencent Teams Up With Carrefour China to Expand O2O Offering
Chinese tech giant Tencent is eyeing an investment in Carrefour China alongside Shanghai-listed supermarket chain Yonghui Superstores, said French retailer Carrefour in a press release.
Under the terms of the non-binding agreement, the company that rules China’s social media world… Read More>>
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