JD.com flees China’s brutal retail wars for Europe, as Beijing fails to tame price-cutting at home
JD.com has purchased brick-and-mortar retail chains in Germany and Hong Kong. Why is the company taking this route instead of sticking to e-commerce? And car trader Autohome has reported a fourth consecutive quarter of revenue contraction, as its ad revenue plunged. When will price wars hobbling China's oversaturated car market finally end?
JD.com sets up Hong Kong bridgehead as real-time retail battle moves overseas
The e-commerce giant has reportedly purchased Hong Kong grocery chain Kai Bo, aiming to bring its integrated retailing model to the city’s local market Key Takeaways: JD.com has reportedly acquired…
BRIEF: JD.com in talks to acquire German electronics retailer Ceconomy
German electronics retailer Ceconomy (CECG.DE) confirmed on Thursday that it is in talks to be acquired by Chinese e-commerce giant JD.com Inc. (9618.HK, JD.US). According to Reuters, JD.com has offered…
Alibaba turns up its ‘instant retail’ game
The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant’s three-way “on-demand retail wars” with Meituan and JD.com Key Takeaways: Alibaba…
INDUSTRY BRIEF: China regulators intervene in growing food delivery wars
Regulators have stepped in to try to tamp down a growing price war in China’s takeout dining sector. On the evening of May 13, the State Administration for Market Regulation…
How did instant retail trigger China’s ‘second takeout war’?
China’s second takeout delivery war is underway — only this time it’s not just about your lunch, but about the entire instant retail market By Lee Shih Ta As…
BRIEF: Meituan launches $13.7 billion subsidy to support merchants, consumers
Meituan (3690.HK) has pledged to invest 100 billion yuan ($13.7 billion) in the restaurant industry over the next three years, focusing on consumer subsidies, merchant support, incentives for high-quality restaurant…
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