• Sat
  • Sep 20, 2014
  • Updated: 3:44pm


Logistics property market takes off in China as focus shifts to consumption

The logistics property market is taking off like a rocket on the mainland, and has the potential to grow to US$2.5 trillion by 2029.

A spike in the number of deals is expected this year as investors bet on consumption-led growth.

Wednesday, 19 March, 2014, 3:29am

Centaline to build up its online business in mainland China

Centaline China, the mainland's largest property agency by number of branches for the past 10 years, is preparing for the changes that will result from the boom in e-commerce in real estate.

19 Mar 2014 - 5:26am

PBOC halts plans by Tencent, Alibaba for virtual credit cards

News that the People's Bank of China had halted plans by mainland internet giants Alibaba and Tencent to offer virtual credit cards sent Tencent shares tumbling yesterday, along with those of partner China Citic Bank.

15 Mar 2014 - 12:39am 2 comments

Retailer hopes Old Navy will bridge China gap

When Gap began an online campaign before it launched its Old Navy label in China, the iconic US clothing retailer asked its potential Chinese customers: have you heard of Old Navy?

Only a few had.

3 Mar 2014 - 3:22pm

Chinese insurers eye opportunities in online payment services

Payment platforms have emerged as a new battlefield for Chinese insurers, who see internet finance as being increasingly lucrative, but their ambitions could be hindered by concerns over cost and competition from e-commerce giants, analysts said.

28 Feb 2014 - 8:17am

Ctrip poised to report record 2013 earnings

Ctrip.com International, the mainland's biggest online travel agency, is expected to post solid earnings for the quarter to December on the back of strong demand from outbound travellers and an increase in bookings made through its own smartphone application.

12 Feb 2014 - 3:03am

Amazon adds new stratum to China cloud

I don't write too much about cloud services in China, mostly because I think the market is too immature despite Beijing's strong promotion of the industry.

19 Dec 2013 - 11:07am

Cyber Monday spending jumps 18pc from last year

Cyber Monday is still on top.

Retailers from Wal-Mart Stores to Amazon started rolling out “cyber” deals at the beginning of last month and kept them going. That led some to wonder if earlier sales would put a dent in Cyber Monday sales.

The Monday after Thanksgiving has been the biggest US online shopping day of the year since 2010.

4 Dec 2013 - 3:17pm

US Thanksgiving weekend retail sales dip as online spending jumps

Heavy discounting took a toll on US retail sales during the Thanksgiving weekend as shoppers spent almost 3 per cent less than they did a year earlier, according to data released on Sunday by an industry group.

That could be an indication of a more difficult season for many retailers.

One bright spot, according to the data, was e-commerce, as online sales soared.

2 Dec 2013 - 9:12am

E-commerce company Jingdong takes aim at Alibaba

The Beijing-based firm, also known as JD.com, operates its own network of couriers and warehouses, a factor it says ensures timely and efficient delivery. Larger rivals Tmall and Taobao, the online marketplaces run by mega-firm Alibaba Group Holding, still depend on merchants and external courier firms for their logistics.

28 Nov 2013 - 3:38am