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143 Articles

Sam’s Club China Hits 4 Million MembersAs the paid membership store model gains traction in China, Sam’s Club has exceeded 4 million subscribed members.	November 28, 2021 Philip K
From Rapid Expansion to 80% Layoffs: Nice Tuan’s Year of ExtremesCommunity group-buying platform Nice Tuan has made massive staff cuts after rapid expansion earlier this year.	November 25, 2021 Emily F
Fresh Produce E-Commerce Platform Dailuobo Ceases OperationsChinese fresh food e-commerce app Dailuobo has announced its closure, with parent company Caicai filing for bankruptcy.	October 25, 2021 Emily F
Last China–Myanmar Border Crossing Closes to TradeQingshuihe Port, the last remaining China–Myanmar border crossing open to trade, has now been closed as of Oct. 6.	October 14, 2021 Emily F
Yonghui Superstores CEO Unveils New Direction as Digital PlatformYonghui Superstores’ incoming CEO Li Songfeng has announced the company’s intended pivot to become an omnichannel digital retail platform.	September 16, 2021 Emily F
Shanghai Pudong Airport Suspends Cargo Handling After COVID-19 CasesShanghai Pudong International Airport suspended cargo flights on Aug. 20 after five workers tested positive for SARS-CoV-2 within two days.	August 29, 2021 Emily F
Hema Neighborhood E-Commerce Platform Opens 400 Stores in 80 DaysThe Hema Fresh supermarket chain launched its new Hema Neighborhood platform earlier this year, with promising results.	July 28, 2021 Emily F
Dingdong Maicai Share Price Surges, Market Value Surpasses $9.8 BillionDingdong Maicai’s share price has soared following the company’s New York Stock Exchange listing on June 29.	July 06, 2021 Emily F
MissFresh IPO Meets Lackluster Reception on US MarketOnline grocery giant MissFresh listed on the Nasdaq exchange on June 25, with share prices dropping nearly 26% by close of trading.	July 01, 2021 Emily F
China’s Top 100 Chain Stores in 2020 RevealedThe China Chain Store & Franchise Association has announced its annual ranking of China’s chain stores for 2020, featuring some prominent produce retailers.	June 27, 2021 Jing Zang