Tencent Archives - Page 3 of 11 - 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.

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.

Tencent teams with cafe startup Luckin Coffee

Tech giant Tencent Holdings has formed an exclusive partnership with local cafe startup Luckin Coffee.

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.

Suning-Evergrande joint venture to build China mall network

Suning-Evergrande joint venture puts companies into direct competition with other major Chinese retail groups.

Meituan Dianping seeks more than US$4 billion in Hong Kong IPO

Meituan Dianping, a Chinese food delivery and life-services platform, has filed for an IPO in Hong Kong.