Alibaba’s Hema Fresh Stores Expand into Beijing

The concept of “New Retail,” which was created by Jack Ma Yun, Alibaba Group Holding’s founder and chairman, in late October, is gaining momentum in the domestic markets. Hema Xiansheng, Alibaba’s newly founded online-to-offline platform, is putting the novel retail business model into practice, an effort experts say is changing China’s traditional retail sector. Despite

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

Bright Food to Absorb State-Owned Shanghai Fisheries Group

The Shanghai municipal government announced a fresh round of reform and restructuring of local State-owned enterprises on Thursday [18 May 2017]. As part of the reform, Bright Food (Group) Co Ltd will absorb Shanghai Fisheries Group Co Ltd. Shanghai Fisheries will thus become a wholly owned subsidiary of Bright Food…Full Article: China Daily May 2017

Researchers in Dalian Developing Aquatic Robots to Help Harvest Sea cucumbers, Sea Urchins, and Abalone

A leading Chinese fishery company and the Dalian University of Technology have established a laboratory to develop underwater robots, which are expected to take the place of divers to catch precious seafood. The robots will also likely perform seabed monitoring tasks at fishing grounds in Dalian, Liaoning province…Full Article: ECNS.cn Apr 2017 Key Point The