Consumer

Tasly to Buy Drug Rights to Tackle Kidney Disease in China

Tasly to Buy Drug Rights to Tackle Kidney Disease in China

Chinese drugmaker Tasly Pharmaceutical Group will acquire regional exclusive rights to develop and sell a medicine for secondary hyperparathyroidism, often caused by kidney failure.

Jun 12, 2018
Tang Shihua
Two Days to FIFA World Cup Frenzy; Amap to Launch 'Map of Bars'

Two Days to FIFA World Cup Frenzy; Amap to Launch 'Map of Bars'

Alibaba's mapping and navigation unit AutoNavi Software will launch a 'Map of Bars' features in its Amap app to help soccer…

Jun 12, 2018
Liao Shumin
DDMC Wins Eight-Year Deal to Show Asian Soccer Matches in China

DDMC Wins Eight-Year Deal to Show Asian Soccer Matches in China

A sports brokerage firm owned by Chinese media producer DDMC Culture has won an eight-year tender to broadcast the Asian Football Confederation's matches in China's mainland.

Jun 12, 2018
Tang Shihua
Frestech Slips into Bankruptcy Liquidation as Foreign Capital Topples Ex-Appliance Giant

Frestech Slips into Bankruptcy Liquidation as Foreign Capital Topples Ex-Appliance Giant

All the equities of Henan Xinfei Electric (Frestech) and its affiliated companies Henan Xinfei Household Appliance and Henan Xinfei Refrigeration…

Jun 12, 2018
Liao Shumin
Hackers Loot USD1.3 Million in Gems and Gold Through E-Commerce Scam

Hackers Loot USD1.3 Million in Gems and Gold Through E-Commerce Scam

The Xiaogan Public Security Bureau in central China has arrested four suspects accused of scamming their way into CNY8 million (USD1.3 million) worth of gold and diamonds -- through e-commerce.

Jun 11, 2018
Liao Shumin
Hundred RT-Mart Supermarkets Finish New Retail Upgrade in Further Boost to Alibaba’s Strategy

Hundred RT-Mart Supermarkets Finish New Retail Upgrade in Further Boost to Alibaba’s Strategy

Some 100 RT-Mart supermarkets in China have completed the upgrade of Tmall new retail and will take a comprehensive part…

Jun 11, 2018
Liao Shumin
Chinese Firms Become Largest World Cup Sponsors

Chinese Firms Become Largest World Cup Sponsors

China's soccer team was bumped from the 2018 FIFA World Cup on Sept. 5 in Qatar, but Chinese companies are…

Jun 11, 2018
Zhou Fang
China's Tonze Electric to Build Smart Home Retail Hub in Guangdong

China's Tonze Electric to Build Smart Home Retail Hub in Guangdong

Chinese home appliance-maker Tonze Electric will build an experience hall equipped with virtual reality products and the Internet of Things technologies in southern China's Guangdong province.

Jun 11, 2018
Tang Shihua
President of Popular Chinese Magazine Duzhe Publisher Put Under Investigation

President of Popular Chinese Magazine Duzhe Publisher Put Under Investigation

President of Popular Chinese Magazine Duzhe Publisher Put Under Investigation. Duzhe, a general interest magazine that provides ‘chicken soup for…

Jun 8, 2018
Liao Shumin
Tencent, Walmart Deepen Cooperation in Digital, Smart Retail

Tencent, Walmart Deepen Cooperation in Digital, Smart Retail

Tencent, Walmart Team Up to Expand US Retail Giant’s Digital Presence in China. Internet conglomerate Tencent Holdings and Walmart China…

Jun 7, 2018
Xu Wei
One in Six Chinese Males Under 24 Buys Lipstick, JD Data Shows

One in Six Chinese Males Under 24 Buys Lipstick, JD Data Shows

One in six Chinese males born in or after 1995 bought lipstick online during the first five months of this year as cosmetics sales on e-commerce platform JD.Com soared 31 percent on the year.

Jun 7, 2018
Liao Shumin
China Telecom Gets Closer to Customers in Suning Partnership

China Telecom Gets Closer to Customers in Suning Partnership

The Beijing arm of state-owned telecoms operator China Telecom has teamed up with Suning.Com, one of China’s biggest non-state retailers,…

Jun 7, 2018
Dou Shicong

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