Retail

Despite a financial scandal, Luckin has kept all its stores in China open and stayed in business, paying suppliers and employees.

The loss-making Nayuki is about to score a ticker code on the Hong Kong Stock Exchange.

The grocers were penalized for selling below cost and misleading consumers.

The consumer brands segment has been described as the ‘last hot battlefield of Chinese VCs.’

It was driven by increases in the average order size and number of active consumers.

Beauty and fashion companies attracted over 50% of USD 1.4 billion raised by internet-first brands between 2014-2020 in India.

Here’s a comprehensive walkthrough of China’s e-grocery business operations.

Suning generated RMB 3.9 billion in net losses in the past year.