Danish Crown Secures 5-Year Distribution Agreement with Alibaba’s Win-Chain; Brazil’s JBS Secures MOU with Win-Chain

Even before the first pork chop based on Danish raw material has been cut and packaged at Danish Crown’s new processing facility in China, the ‘sold-out’ sign is going up…Full Article: Danish Crown Nov 2018 Key Points In November 2018, Danish Crown secured a CNY 2.5 billion (EUR 300 million) 5-year distribution agreement to supply

Sichuan’s Garzê Tibetan Autonomous Prefecture Signs Cooperation Agreement with JD.com and Alibaba’s Tmall

The government of Ganzi Tibetan Autonomous Prefecture in Sichuan Province signed a strategic cooperation agreement Wednesday with Chinese e-commerce giants, including JD.com and Alibaba’s Tmall. According to the agreement, the e-commerce companies will strengthen logistics services in the prefecture’s villages, help local companies open online stores and expand the sales market for Ganzi’s distinctive agricultural

Starbucks Opens High-End Concept Store in Shanghai

Shanghai is set to get its own Starbucks Roastery and Tasting Room, the first high-end roastery from the international coffee chain to open outside the United States, the city’s quality watchdog said Thursday [30 November 2017]. The Shanghai border inspection and quarantine bureau has completed all necessary checks of the Seattle-based coffee chain’s imported equipment

Carrefour China at a Crossroads After Alibaba Invests in Sun Art Retail Group

A partnership between French retailer Auchan and internet giant Alibaba could push Carrefour further behind in China and could even persuade its new boss to pull out of the country. Alexandre Bompard took the helm at Carrefour, the world’s second-largest retailer behind Walmart, in July; on Jan 23, 2018, he will unveil his turnaround plan

Tencent’s Meituan-Dianping Online Platform Garners USD 4 Billion in Financing

Meituan-Dianping, China’s largest on-demand services provider said on Thursday [19 October 2017] it has raised $4 billion in its latest financing round that values the company at $30 billion. The round was led by Tencent Holdings Ltd, and includes new investor the Priceline Group and other key investors including Sequoia Capital, GIC of Singapore, Canada

Mainland’s Guiyang Nanming Laoganma and Hubei Zhouheiya Gaining Ground in Hong Kong Market

New statistics are suggesting a group of quality brands from the Chinese mainland are gaining popularity in the Hong Kong market. Boosted by a project supporting quality brands launched by Tmall, Alibaba’s online shopping platform, some 100 mainland brands have seen a sales increase of over 30 percent in Hong Kong…Full Article: ECNS.cn Oct 2017

Chinese Maoists Upset With Alibaba’s Tmall Global Wine Festival

Chinese Maoists protested against Alibaba’s Tmall Global Wine Festival on September 9, calling it “unethical” as the date coincides with founding leader Mao Zedong’s death anniversary. Mao died on September 9, 1976…Full Article: The Global Times Sept 2017 Key Point In April 2016, Alibaba’s Jack Ma announced the launch Tmall’s September 9 Wine Festival. The