Tencent Archives - Page 2 of 11 - Inside Retail Asia

Eight bidders in running for Metro China

Yonghui Superstores – part owned by Dairy Farm Group – is among at least eight bidders for the Metro China business.

Eight bidders in running for Metro China

Yonghui Superstores – part owned by Dairy Farm Group – is among at least eight bidders for the Metro China business.

China’s most valuable brands revealed

Alibaba tops the list of China’s most valuable brands for the first time, recording annual growth of 59 per cent to US$141 billion.

Tencent Holdings shifts focus as game revenue growth slows

Tencent Holdings says it will focus on business areas other than gaming after reporting its largest quarterly profit drop ever.

Chinese internet giants mulling bids for AS Watson stake

Two Chinese internet giants are reportedly evaluating separate bids for a stake in global retailer AS Watson.

Chow Tai Fook Jewellery Group signs deal with WeChat

Chow Tai Fook Jewellery Group has signed up to allow jewellery purchases using WeChat Pay.

Macy’s China completes closure, not renewing Tmall contract

Macy’s China stopped taking orders on Tmall this week and will close its operations by the end of the month.

Chinese set to buy sports firm Amer

Tencent believed to be close to joining a Chinese investment group bidding to acquire sports goods firm Amer.

Game impasse fails to dent Tencent profit

Tencent profit rose 30 per cent in the third quarter, boosted by the spinoff of Meitu Dianping.

Tencent-anchored Mogu heads for downsized IPO

Hangzhou fashion and lifestyle platform Mogu is seeking $200 million in an IPO on the New York Stock Exchange.

Less than a year old, Luckin Coffee value now up to US$2billion

Fast-growing Chinese coffee chain Luckin Coffee is seeking a new round of funding which would value it at US$1.5–2 billion.

JD parcel delivery service for consumers launched

The JD parcel delivery service enables users of the company’s app in Beijing, Shanghai and Guangzhou to send items intra-city and throughout Mainland China.