Abbott, Fonterra Team To Build Milk Farm In China
Abbott and Fonterra have signed an agreement to jointly build a cow breeding base in China. This is reportedly the first time for Abbott to enter the upstream milk farm sector. According to the...
View ArticleFerrero Will Build Candy Factory In China
Chocolate maker Ferrero announced plans to build its first plant in China in the first half of 2015. The localized plant will help Ferrero reduce quality issues and cut costs. According to Ferrero's...
View ArticleRainbow Department Store Net Profit Down 12.52% In 2014
Shenzhen-headquartered Rainbow Department Store published its annual performance report for 2014, stating that the company realized total operating revenue of CNY16.998 billion in 2014, a year-on-year...
View ArticleCarrefour's Six China Distribution Centers To Be Opened Within Two Years
The world's leading supermarket retailer Carrefour announced that the company will enhance investments in logistics distribution centers in mainland China over the next two years. Carrefour's new...
View ArticleLawson Teams With Alipay For Retail Payments In China
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores. Starting from August 11,...
View ArticleClik here to view.
Metro Launches Food & Beverage Institute For Hospitality Professionals In China
European supermarket chain Metro has opened its first Chinese food and beverage institute in Shanghai. This food and beverage institute will also cover Jiangsu and Zhejiang provinces. It will establish...
View ArticleClik here to view.
Ajisen Reports 11.1% Operating Revenue Drop In China
Are fewer people eating noodles in China these days? According to a fast food noodle chain, retail expansion may have hit a bumpy patch. Ajisen (China) Holdings Limited published its semi-annual...
View ArticleClik here to view.
DJI Places Fourth Global Flagship Store In Shanghai
Chinese drone maker DJI opened its fourth global flagship store n the Shanghai Xintiandi commercial area. The new flagship store in Shanghai is also the company's second in mainland China. Prior to...
View ArticleClik here to view.
Five Star Appliance, Haier Team To Build 50 Brand Image Stores In 2017
Five Star Appliance and Haier announced a strategic deal that aims to build 50 brand image stores in 2017. At the same time, the two parties launched a "Haier washing machine and Five Star Appliance...
View ArticleClik here to view.
Uni-President Ends JV Partnership With Starbucks In China
Starbucks and Uni-President jointly announced that Starbucks will invest about USD1.3 billion in cash to acquire the remaining 50% stake in President Starbucks Coffee Shanghai Co. Ltd., the two...
View Article
