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Shanghai Daily,上海日报
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JD to form logistics unit

JD.COM said it will form an independent logistics company to synergize its online business with other online and offline partners. JD Logistics Business Group will be an affiliate under and will ...

April 26, 2017, Wednesday

LVMH to solidify hold on Dior

THE French magnate behind LVMH moved to incorporate Christian Dior into his luxury goods empire in a 12-billion-euro (US$13 billion) deal. It’s the latest business coup for Bernard Arnault, who has expanded ...

April 26, 2017, Wednesday

Spoilt for choice

A foreign businessman selects lighting decorations at the China Small Commodities City in Yiwu, Zhejiang Province. The China Small Commodities City in Yiwu achieved a turnover of 31.63 billion yuan (US$4.6 billion) in the first quarter of 2017, growing 10.76 percent year on year. ...

April 25, 2017, Tuesday

Fonterra aims at consumers of premium dairy products

DAIRY raw material provider Fonterra is looking to boost its consumer business in by focusing more on the higher margin branded consumer dairy products. Christina Zhu, president of Fonterra China, said ...

April 24, 2017, Monday

More Adidas stores

ADIDAS yesterday said it aims to add 2,000 more stores in China in the next three years. Adidas, which now has 10,000 stores in China, hopes that unpenetrated lower-tier cities will contribute 50 percent ...

April 21, 2017, Friday

Wacker’s expansion to tap high growth potential

GERMAN chemicals producer Wacker will expand its research center in Shanghai to develop products used in cosmetics and food as it aims to tap the high growth potential in China, it said yesterday. Wacker’s ...

April 20, 2017, Thursday

Shanghai residents confident

SHANGHAI consumers gained confidence in the first quarter amid a positive outlook for economic growth, a survey showed yesterday. The Index of Consumer Confidence in Shanghai, a quarterly gauge compiled ...

April 14, 2017, Friday

Starbucks ups employee benefits amid ambitious China expansion plan

STARBUCKS will provide an insurance plan to help thousands of its employees in China care for their aging parents, as the global coffee chain sticks to its ambitious expansion plan in the traditionally ...

April 13, 2017, Thursday

Aier buys Europe’s largest eye clinic group

CHINA’S Aier Eye Hospital announced the purchase of Spain’s Clinica Baviera SA, the largest eye clinic group in Europe. Aier will spend 152 million euros (US$161 million) to buy 59.35 percent of shares ...

April 13, 2017, Thursday

Coca-Cola kicks off biggest plant in central China

MUHTAR Kent, chairman and chief executive officer of The Coca-Cola Co, and Zhao Shuanglian, chairman of COFCO Corp, officially kicked off operations at Coca-Cola’s 44th local production facility in China ...

April 13, 2017, Thursday


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