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Alibaba has announced its financial results for the first quarter ended June 30, 2019. Total revenue was up 42% to CNY114,924m (US$16,741m) YoY.

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After launching its 88 VIP membership program last year, Alibaba has added new perks and privileges to its top-tier loyalty program. New benefits for VIP members The new benefits include discounts at more online flagship stores, memberships for Alibaba’s different services, and wider access to other platforms within the Alibaba economy. The retailer has extended the 5% 88 VIP member discoun...
Nanjing based Suning announced this week that it has taken over Guangzhou Circle K network from Hong Kong’s Fung Group. Acquisition of 61 stores Suning Xiaodian, the convenience store unit of the Chinese retail giant Suning, has acquired 61 Circle K outlets in Guangzhou from Fung Group for an undisclosed sum. Fung Group’s listed subsidiary, Convenience Retail Asia, continues to own and o...
The Chinese ecommerce giant has agreed to buy a 9% stake in Beijing Digital Telecom. Gaining access to 3,000 stores Beijing Digital Telecom, listed in Hong Kong, is the largest offline electronics retailer in China. It sells phones, computers and other consumer electronics. The acquisition would cost US$27m and would be paid in cash. It would give access to Beijing Digital ...
The coffee giant opened its world first Starbucks Now store in Beijing. A new express retail experience Combining the signature Starbucks physical characteristics with digital touch points, the store is designed to offer a streamline experience for customers who have pre-ordered online. The menu is tailored for the on-the-go occasions. Limited seating area is available for those who choo...

This in-depth guide to China explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in China.


A guide to Asia’s leading large format retailers and markets that hold the greatest growth potential for the channel
Costco opened its first store in China on 27 August 2019, we assess how the retailer has approached market entry and how it is looking to win in Asia’s largest grocery market.
Ultimate convenience is one of the key trends shaping the landscape of grocery retailing in Asia. We review what ultimate convenience means in reality and what this trend looks like in action.
We review the five big trends that we identified at the start of 2019, plus provide insight on the latest performance of Asia's leading grocery retailers.
Beijing has the world's highest concentration of billionaires, plus some fantastic grocery stores, we pick our must see stores if visiting China's capital city.
We review Dairy Farm's current performance, its growth forecasts for the next five years, plus progress against key strategic objectives.
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