The author is engaged in wine sales for more than 10 years, mainly related to imported wines, and more interaction with foreign wineries. While the domestic wines are growing, they have become one of the options to purchase.
Alibaba made a move to purchase food-delivery leader Ele.me for $9.5 billion USD, according to ifeng.com.
The Chinese e-commerce giant already owned a 23% stake in the company after investing almost US$1.2 billion in it, a bargain compared with the current acquisition pricetag.
As foreign companies in China go, Starbucks is a unique case.
Traditionally a land of tea, China was exposed to the speciality coffee culture in 1999 when Starbucks opened their first shops in China’s larger cities. The coffee chain essentially faced no serious competition in China in the early years, and effectively established itself as a daily routine for white-collar consumers. At one point Starbucks controlled 80% of the market.
Flash Sale originated in the United States a few years ago. It was defined as “providing consumers with a limited number of goods at the maximum discount, purchasing within a time limit, and off shelves immediately after deadline”.
In a country where more than 75% of the population listens to music, China’s music market is still very little developed compared to major powers like the United States. Developing and commercializing music in China remains an enormous challenge for the players, due to government regulations, the musical culture of individuals and how to establish themselves in the market.
The 30-days countdown to Single’s Day 2018 started! The annual e-commerce war has started earlier than ever. Here are 5 news worth knowing for this week!
If you search for “Starbucks” (“星巴克”) on Taobao you might be in for a surprise. Instead of simply seeing a link to Starbucks’ Tmall store, you will see a menu linking you to a “Starbucks Mini-program” experience within Taobao.
Chinese Baijiu, as a kind of traditional alcohol that made major proportion in China market, has a large market capacity and strong profitability.
Chinese Baijiu has always been at the top of the competition in channel resources. However, with lowered expectation of price increase of famous Baijiu represented by Maotai, some wine distributors believe that the situation that channel resources occupied by Baijiu is expected to be improved.
The social commerce space never lacks innovation. A new type of location-based social model called Community Group Buy is changing how people engage in grocery shopping.