Nestlé Launches Artificial Intelligence Product with JD.com

Global food and beverage giant Nestle launched its own artificial intelligence (AI) product with Chinese e-commerce platform JD.com Tuesday [19 September 2017], in a move to meet the demands of increasingly tech-savvy Chinese consumers. Nestle XiaoAI, an AI family nutrition assistant, is a smart speaker equipped with nutrition and health knowledge that can answer questions

China’s JD.com to Establish Joint Ventures in Thailand

China’s second biggest e-commerce company JD.com and Top Thai retailer Central Group will jointly invest $500 million to establish two joint ventures in Thailand covering e-commerce and fintech services respectively, a statement from Central Group said on Friday [15 September 2017]. According to the statement, Central Group will invest $250 million to the ventures, and

Danish Food Products to Be Sold on China’s Kaola.com E-commerce Platform

China-based cross-border e-commerce platform kaola.com signed an agreement on Wednesday [13 September 2017] with Denmark’s supermarket chain Irma to bring Danish brands to the Chinese market through the platform. According to the agreement, Irma, a subsidiary of Coop Denmark A/S, will first sell its own coffee, chocolate, marmalade, personal care products and children’s clothing through

LiNiu Technology Group and Shouguang Agricultural Product Logistic Park Sign Cooperation Agreement

Agricultural trading platform operator LiNiu Technology Group – formerly Iao Kun Group Holding Company – has signed a strategic co-operation agreement with Shou Guang Agriculture Logistics Park, according to a company release. The agricultural company, a subsidiary of agricultural wholesale group Dili Group Holdings, is located in Shougang, China, and operates a market for vegetables

Inner Mongolian E-commerce Industrial Park Looks to Boost Agricultural Trade

Farmers in North China’s Inner Mongolia autonomous region are connecting with new technology, as well as the land, to sell their produce. Hetao E-commerce Industrial Park in Wuyuan county of Bayannur League has helped them sell their agricultural goods online and increase their incomes…Full Article: China Daily Aug 2017 Key Point Founded in 2015 and

Spain’s Second Largest Bank to Use Alibaba’s Alipay Payment Services

Chinese tourists will be able to use Alipay mobile wallet in Spain thanks to an agreement signed between Spanish bank BBVA and China’s Ant Financial Services Group, BBVA reported on Wednesday [28 June 2017]…Full Article: China Daily June 2017 Key Point Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, is the first Spanish financial company

Alibaba’s Tmall to Distribute Driscoll’s Strawberries and Chicken of the Sea’s Canned Seafood

Following through on a pledge to support American employment, online retailer Alibaba Group Holding is teaming up with two U.S.-based food companies to sell in the Chinese market…Full Article: Nikkei Asian Review June 2017 Key Point In June 2017, during the Gateway business conference in Detroit, Alibaba Group (Tmall) signed Memorandum of Understanding agreements with