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China’s Capital Targets Prepaid Memberships After Customers Keep Getting Ripped Off
From language schools to local shoe repair shops and restaurants, prepaid package deals are everywhere
As Revenue Surges Sixfold, Luckin Loses Even More Money
Luckin Coffee Inc. reported higher-than-expected sales in the third quarter as the Chinese Starbucks
China’s Starbucks Challenger Posts Piping Hot Third-Quarter Sales
Shares of China’s Starbucks rival Luckin Coffee closed up 13% on Wednesday after the company reported
One-Third of P&G’s Sales Growth Comes From China, Local Head Says
Procter & Gamble Co. (P&G) plans to ramp up investments in research and development (R&D),
Alibaba Sued by Home Appliance Maker Over E-Commerce Marketing
A major Chinese home appliance manufacturer sued Alibaba Group Holding Ltd. , alleging the e-commerce
Former Fonterra-Backed Dairy Superstar Rapped for Name Change
A proposed name change by a formerly highflying baby-formula maker that fell on hard times has drawn
Suning.com to Open More Than 200 In-Carrefour Stores by September
Suning.com , the buyer of French retailer giant Carrefour’s Chinese business, is making a major business
Shoemaker Belle Goes Back to Market to Raise $1 Billion for Sports Unit
A sports retailing unit of formerly struggling shoemaker Belle International Holdings Ltd. has been approved
Shanghai Costco Cools Down After Frenzied Opening
There were frenzied scenes at the opening of the first Chinese mainland branch of U.S. wholesale giant
Will Chinese Shoppers’ Frenzy Turn Into Lasting Costco Success?
Costco Wholesale Corp. will limit the number of customers in its Shanghai store to 2,000 at any one
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