Yonghui Archives - Page 2 of 3 - Inside Retail Asia
Tencent leads a trio of e-commerce giants buying into shopping centres to help Dalian Wanda Group delist.
Tencent and Yonghui are to invest in Carrefour China in a move analysts tip will help revive the struggling French company’s mainland business.
Tencent Holding is moving to buy a 5 per cent stake in Yonghui Superstores, says the department store owner.
An unexpected JD.com profit upswing has marked the third quarter for China’s largest retailer.
Dairy Farm sales were described as “flat” in the third quarter to September 30.
JD.com second-quarter net revenues grew by 43.6 per cent, reaching RMB93.2 billion.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.
Asia’s big-box grocers are forecast to grow on average 3.5 per cent a year, according to IGD research.
With a rising demand for deliveries, Jingdong Daojia says its first-half income has jumped by nearly eight times.
Yonghui Superstores has continued just launched Super Species, a smaller-size supermarket brand.
A fund backed by JD.com has made a strategic investment in fresh-produce chain store Qiandama.
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results.