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Zhibao Technology launches Shanghai-based Longevity Risk Lab – Reinsurance News

InsurTech company Zhibao Technology announced the launch of the Longevity Risk Lab (LRL) based in Shanghai during its first Longevity Risk Conference on December...

Asia markets mixed as investors await China LPR, Japan inflation data this week

View of the central business district skyline at sunset in Beijing, China.Sheng Peng | Visual China Group | Getty ImagesAsia-Pacific stocks were mixed Monday...

How do you revive in-store shopping? Look to TX Huaihai in Shanghai

In the heart of Shanghai is a decades-old retail space that bills itself as an “epicentre of youth culture”. At a time when e-commerce...

IKEA shopping mall arm opens doors to $1 billion Shanghai development

By Casey HallSHANGHAI - IKEA's shopping malls business Ingka Centres opened a mixed-use project in Shanghai on Friday, costing over 8 billion yuan ($1.14...

Hong Kong, Shanghai rally on China stimulus on mixed day for markets

Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's...

Chinese sneakerheads’ favourite shopping app to cut 500 jobs

Shanghai-based e-commerce app Dewu, a popular option among young Chinese consumers looking for niche brands, will trim its workforce by 5 per cent amid...

What consumers can expect from Hong Kong’s summer shopping festivals

The Post unpacks what is up for grabs for bargain hunters.1. What is the Hong Kong Shopping Festival?The twofold event will be held from...

Chinese e-commerce sales up 14% for 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...

Alibaba, Xiaohongshu boost sales in midyear shopping festival

Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s...

Shenzhen rides e-commerce wave as globally popular apps fuel cross-border trade

But for now, e-commerce businesses are cashing in on overseas demand. In the first quarter, the value of such trade in Shenzhen exceeded 110...

Alibaba’s Taobao, Tmall show strong sales momentum during 618 shopping festival

About 185 brands – including major smartphone vendors Apple, Xiaomi and Huawei Technologies – have each achieved more than 100 million yuan (US$13.8 million)...

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