China: latest retail news, insights and analysis | ESM Magazine

Portugal's Super Bock Group Sees Sales Decline Due To Market Slowdown

Portuguese brewing and soft drinks company Super Bock Group (SBG) has reported a 1.4% drop in sales in 2018, compared to the previous year, to €458 mi...

Alibaba To Buy Kaola Unit From NetEase For $2bn: Caixin

Alibaba Group Holding Ltd has agreed to pay $2 billion (€1.8 billion) in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported...

Alibaba Results Beat Estimates On Cloud, E-Commerce Growth

China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud compu...

LDC Partners With Meituan To Promote Cooking Oil Brand

Louis Dreyfus Company has announced a strategic partnership with Chinese e-commerce company Meituan to promote its new cooking oil brand, Chef Fu. 'Value-...

Swine Fever Takes Toll On Profit At Chinese Pork Giant WH Group

China's WH Group on Tuesday reported a 16.9% fall in first-half profit as higher meat prices due to a devastating hog disease hurt margins at the world's t...

China's JD.com Beats Quarterly Revenue Estimates, Forecasts Upbeat Q3 Sales

China's JD.com Inc posted better-than-expected quarterly revenue and forecast third quarter sales above Wall Street estimates on Tuesday, boosted by strong...

Chinese Soybean Buyers Shy Away From Brazilian Cargoes As Prices Jump: Traders

A jump in prices for Brazilian soybeans is putting off buyers in China, two traders said, even as the rise was driven by expected demand from the world's N...

Nestlé Starts Selling Starbucks-Branded Coffee In China

Food giant Nestlé has commenced selling Starbucks-branded coffee in mainland China, seeking to tap growth in a market where it says coffee consumpti...