Tencent Archives - Page 2 of 8 - Inside Retail Asia

Tencent and Hillhouse Capital invest in Miniso

Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso.

E-commerce set to take 10 per cent of Thai retail sales

Analysts are predicting e-commerce will account for 10 per cent of Thai retail sales within five years.

Walmart Scan & Go boasts 10 million users in China

Walmart Scan & Go use in China has broken through the 10 million-users barrier, the first mini-program in the retail industry to reach such a broad user base.

Regulatory delays slow Tencent Holdings growth

Tencent Holdings has recorded its first quarterly fall in profits in 13 years, hampered by government delays in approving new online games.

China’s Luckin Coffee worth $1 billion after just nine months

Nine-month-old Luckin Coffee has raised US$200 million to fund expansion, valuing it at $1 billion.

Alibaba and JD facing keen new rivals, says eMarketer

Alibaba and JD may appear to dominate China’s e-commerce market, but new research suggests new players are increasing their influence.

Chinese e-commerce concept Pinduoduo seeks US$1 billion

Chinese e-commerce startup Pinduoduo is seeking US$1 billion in a US IPO, going head to head with industry giants such as Alibaba.

Korean products have usurped the popularity of Japanese in Hong Kong

A Nielsen report shows Korean products have usurped the popularity of Japanese products among young Hong Kong consumers.

Carrefour China goes smart in Shanghai

Carrefour China has opened its first-ever ‘smart supermarket’ in Shanghai in partnership with Tencent.

Tencent revenue surges 48 per cent in first quarter

WeChat parent Tencent Holdings has achieved a 48 per cent increase in revenue during the first quarter of this year.

YSL Beaute goes high tech for launch

YSL Beaute teamed with Tencent for a beauty-industry first in launching its Mon Paris Couture perfume.

Chinese retail’s ‘Age of Empires’

Chinese retail is entering an “Age of Empires” as the nation’s largest e-commerce players rapidly expand their scope and reach.