China Archives - Latest Retail Technology News From Across The Globe

JD.com’s second quarter revenues have well outpaced analyst estimates despite fears the escalating trade war would dampen sales, sending shares skyrocketing.

JD.com shares jump 13% after surprise revenue rise

August 14, 2019

China, JD.com, second quarter, trade war

JD.com’s second quarter revenues have well outpaced analyst estimates despite fears the escalating trade war would dampen sales, sending shares skyrocketing. The Chinese ecommerce giant saw shares jump nearly 13…

Alibaba’s quarterly profits and revenue have beaten analyst expectations leading to a boost in its shares.

Alibaba has had $80bn wiped off its market value in the trade war

August 13, 2019

Ben Stevens

Companies, News

Alibaba, China, market value, trade war

No Comments

Alibaba has seen $80 billion wiped off its market value since the escalation of the US – China trade war in May, and could post its slowest growth in years…

Tariffs imposed on Chinese imports by President Donald Trump will hurt consumer purchases in the US, according to four major retail groups.

Tariffs on Chinese goods will hit consumers hardest says NRF

August 2, 2019

Ben Stevens

Industry, News

American Apparel & Footwear Association, China, Donald Trump, Footwear Distributors and Retailers of America, National Retail Federation, NRF, Retail Industry Leaders Association, RILA, Tariffs

No Comments

Tariffs imposed on Chinese imports by President Donald Trump will hurt consumer purchases in the US, according to four major retail groups. The National Retail Federation (NRF), which includes Amazon…

Apple has Chinese services business in sight with new app accelerator

July 11, 2019

Ava Szajna-Hopgood

Apps / Mobile, News

accelerator, App, App Store, Apple, China, Chinese, iCloud, iPhone, sales, services, services business, Shanghai, Technology

No Comments

Apple Inc has launched a new programme in Shanghai to encourage Chinese developers to create apps. As part of the tech giant’s efforts to establish its services business in the…

DHL launches drone deliveries in China

June 3, 2019

Ben Stevens

Delivery / Supply Chain, News

China, DHL, drone delivery, Ehang

No Comments

DHL has begun making regular drone deliveries in China’s Guangzhou region dramatically reducing delivery times in the hard to reach area. In partnership with Chinese unmanned aerial vehicle (UAV) giant…

JD.com launches programme allowing manufactures to sell directly to consumers

May 28, 2019

Ben Stevens

Ecommerce, News

China, JD.com, manufacturer

No Comments

JD.com has launched a new programme which will see it offer manufacturers the tools to sell directly to consumers on its platform. The Chinese ecommerce giant’s new system will give…

Alibaba applies for 262 blockchain patents

May 24, 2019

Ava Szajna-Hopgood

Blockchain, Cryptocurrency, Delivery / Supply Chain

Alibaba, Blockchain, business, China, e-commerce, expand, Patent, payments, supply chain

No Comments

Chinese multinational conglomerate and e-commerce specialist Alibaba is pushing on with its foray into blockchain implementation after applying for 262 blockchain patents. With those patents in hand, Alibaba will integrate…

Starbucks rolls out pre-visit order-and-pay app in China

May 23, 2019

Ava Szajna-Hopgood

Apps / Mobile, News

App, Beijing, China, coffee app, Luckin, order, Starbucks, Starbucks Now

No Comments

Global coffee chain Starbucks has launched its mobile order and payment service across 300 stores in Beijing and Shanghai. Starbucks Now is available exclusively through Starbucks Rewards, allowing customers to…

Alibaba’s president Michael Evans is one of the 17 former Goldman Sachs directors being charged by Malaysia for their involvement in the 1MDB scandal.

Alibaba crowned China’s most valuable brand after growing 59%

May 7, 2019

Ben Stevens

News

Alibaba, BrandZ, China, Kantar, Tencent

No Comments

Alibaba has been crowned China’s most valuable company for the first time after increasing its brand value by 59 per cent to $141 billion last year. According to the latest…

Amazon pulls out of China as it fails to compete with Alibaba

April 18, 2019

Ben Stevens

Companies, News

Alibaba, Amazon, China, JD.com

No Comments

Amazon is set to scrap its online store in China as of July after struggling to make a dent in the market dominated by rivals Alibaba and JD.com. The retail…

China

JD.com shares jump 13% after surprise revenue rise

Alibaba has had $80bn wiped off its market value in the trade war

Tariffs on Chinese goods will hit consumers hardest says NRF

Apple has Chinese services business in sight with new app accelerator

DHL launches drone deliveries in China

JD.com launches programme allowing manufactures to sell directly to consumers

Alibaba applies for 262 blockchain patents

Starbucks rolls out pre-visit order-and-pay app in China

Alibaba crowned China’s most valuable brand after growing 59%

Amazon pulls out of China as it fails to compete with Alibaba

The Retail Drop Podcast: Episode 1 – Hugo Tapia, Head of Consumer Strategy and Planning at Hackett London

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