SOUTH AFRICA

Singles Day shows China's global retail power

11 Nov., or 11/11, has been celebrated as Singles Day - a sort of anti-Valentine's Day for single people - since 1993. Chosen because its date has four ones in a row, the holiday originated in China...

By Venkatesh Shankar 12 Nov 2018

SOUTH AFRICA

Richemont and Alibaba team up for luxury e-commerce venture

Richemont, owned by SA billionaire Johann Rupert, has announced a global strategic partnership with Alibaba Group which will see the launch of a luxury goods platform for the Chinese market...

29 Oct 2018

GLOBAL

New research reveals traditional retailers intensify focus on omnichannel approach

A new study finds that traditional 'bricks and mortar' retailers are seeking to buttress their ailing offline-store activities with the development of integrated online engagement channels...

10 Apr 2018

SOUTH AFRICA

How China is rebooting retail

The story of shops closing and the decline of retail has become a familiar one across the Western world. Giants such as Walmart and Macy's in the US, and Marks and Spencer in the UK have been forced to close stores...

By Michael Wade and Jialu Shan 6 Apr 2018

CHINA

Hamleys opens its largest toy store in Beijing amid Christmas debate

British toy retailer Hamleys opened its largest store in the world in Beijing on Saturday, just two days before Christmas as debate played out over whether the holiday should be banned...

27 Dec 2017

GLOBAL

Blockchain Food Safety Alliance formed to enhance supply chain transparency

Walmart, JD.com, IBM and Tsinghua University National Engineering Laboratory for E-Commerce Technologies have formed a Blockchain Food Safety Alliance...

19 Dec 2017

SOUTH AFRICA

Retailers need to prioritise mobile, omnichannel strategies for B2B growth

Frost & Sullivan's research finds that prioritising mobile and omnichannel strategies will augment growth opportunities in B2B online retailing...

13 Sep 2017

ASIA

China's Alibaba boosts stake in SE Asia online sales

Chinese e-commerce giant Alibaba said on Wednesday it would inject another $1 billion into Southeast Asia's Lazada...

30 Jun 2017

GLOBAL

McDonald's reports higher earnings on strong US, China

NEW YORK, United States - McDonald's reported higher first-quarter earnings Tuesday on better performance in key regions, including the United States and China...

28 Apr 2017

SOUTH AFRICA

Alibaba's Jack Ma blames 'outdated' law for fakes

Alibaba's founder Jack Ma urged stronger penalties for selling counterfeits on Tuesday in an open letter arguing that "outdated and unrealistic" laws and regulations...

8 Mar 2017

CHINA

Microsoft says it pays Chinese taxes after cryptic media report

BEIJING, CHINA: Software giant Microsoft said Wednesday that it pays Chinese taxes "consistent" with a China-US bilateral agreement, following a cryptic media report that a foreign company with similarities to it agreed to settle a multi-million dollar bill for back taxes...

28 Nov 2014

CHINA

Xbox now available in China

SHANGHAI, CHINA: Microsoft has finally launched its Xbox One game console in China, the first foreign company to enter the potentially massive market after the government lifted a 14-year ban against foreign companies.

30 Sep 2014

CHINA

China punishes Audi, Chrysler for 'monopoly' acts

SHANGHAI, CHINA: China stepped up pressure on foreign car manufacturers in the world's biggest car market, pledging to punish German luxury brand Audi and Chrysler of the United States for what it alleged was "monopoly behaviour".

7 Aug 2014

CHINA

Microsoft probed for 'monopolising' China

SHANGHAI, CHINA: China is investigating Microsoft for allegedly operating a monopoly in its market, the government said, as it took aim at the US software company's over business practices.

30 Jul 2014

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