china Archives - Page 10 of 10

Mega retailers battle to survive as e-commerce booms in China

December 12, 2014 admin alibaba, angeles, are-struggling, biggest-retail, britain, china, film, franco, home-appliance, north, rogen, stars-seth, suning

By Adam Jourdan SHANGHAI (Reuters) – It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Last month, e-commerce giant Alibaba saw sales worth more than half that amount pass through its Tmall website in just one day. Big retailers like Suning Commerce Group Co Ltd and foreign rivals Wal-Mart Stores Inc and Best Buy Co Inc are struggling to attract customers to their traditional stores in China, where online shopping is booming

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Alibaba reports record $9 billion Singles’ Day sales

November 11, 2014 creative alibaba-group, china, chinese, entire-catalog, hangzhou, michael-roddy, model-on-monday, music-streaming, reported-more, retail, the-industry

By Adam Jourdan HANGZHOU China (Reuters) – E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.

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Unclear if China ready to sign IT agreement: WTO chief

November 8, 2014 creative asia, china, during-the-asia, mexico-city, organization, roberto, world, world-trade

BEIJING (Reuters) – China is part of “intensive” talks on a global trade pact regarding information technology products, the World Trade Organization's chief said on Saturday, but it is unclear if a deal will be made at a meeting of Asia-Pacific leaders underway in Beijing. The United States and other countries have been hopeful that China would sign on to the Information Technology Agreement (ITA), which requires signatories to eliminate duties on some IT products, during the Asia-Pacific Economic Cooperation summit that ends on Tuesday.

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Chinese social networking service Momo files for IPO

November 7, 2014 admin 180-3-million, 300-million, ads, china, initial-public, offered-mobile, social-networking, the-year, user-base, year

(Reuters) – China’s Momo Inc, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering of its American Depositary Shares (ADS). The company said it was the No.