For Chinese, online shops are quickly evolving from simply a means to get a bargain to somewhere movers and shakers can splash out on pricey clothes and accessories. According to a study published by auditor KPMG earlier last month, Chinese buyers of luxury items are increasingly favoring online retailers over brick-and-mortar stores, which will account for half of Chinese luxury spending by 2020.
Chief says China unit eyeing fast growth through e-commerce, apps and online platforms
The missing manual on how to apply Lean Startup to build products that customers love.
For a man who is about to die, it is perhaps the ultimate attempt at self-preservation. "Even if I must depart," the reasoning goes, "my progeny will endure."
Measures aimed at streamlining the running of SOEs
French cosmetics giant L'Oreal SA said it now sells more in China than it does in its own country.
China's five largest commercial lenders will no longer charge fees on domestic yuan transfers through mobiles, including interbank transactions.
A rush of Chinese acquisitions in December, and the prospect of more to come in 2016, has upended calendars, travel schedules and business priorities.
Household appliance giant's chief calls for a shift of focus from selling products to creating user resources and experiences
Company set to site its headquarters for continent in London
Beijing-based tech company Unisplendour Corp Ltd has pulled out of a proposed $3.8 billion investment in the US disk drive maker Western Digital Corp because the Chinese firm deems the US government would not approve the deal.
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