Yonghui Archives - Inside Retail Asia

Hong Kong protests taint solid Dairy Farm results

Ongoing restructuring is impacting on Dairy Farm International’s grocery and convenience sales – but total group income is up.

JD may list Dada-JD Daojia in the US

Chinese e-commerce giant JD is considering a share listing in the US, according to multiple news reports.

Dairy Farm sales lift through acquisitions, restructuring

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

China to become world’s largest grocery market by 2023

China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts.

Dairy Farm sales rise in four business divisions

Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.

Four companies shortlisted in Metro China sale

The Metro China sale has progressed to the shortlisting of four companies invited to submit final bids.

Meituan scales down Ella Supermarket

Chinese food-delivery website Meituan has closed three of its Ella Supermarkets in Jiangsu.

Southeast Asia a pain point for Dairy Farm International

“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International.

Chinese grocery market set for solid growth, says IGD

The Chinese grocery market by grow by 32.6 per cent by 2022, preserving its status as the largest grocery market in Asia.

Southeast Asian grocery business mars Dairy Farm International’s bottom line

Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.

E-commerce giants buying into Dalian Wanda malls

Tencent leads a trio of e-commerce giants buying into shopping centres to help Dalian Wanda Group delist.

Tencent and Yonghui to invest in Carrefour China

Tencent and Yonghui are to invest in Carrefour China in a move analysts tip will help revive the struggling French company’s mainland business.