Editor’s note: This article is part of our JLL proptech series, produced in cooperation with JLL, a leading professional services firm that specializes in real estate and investment management. We believe in transparency in our publishing and monetization model. Read more here. China is a crowded country and finding a place to call home can be daunting. […]
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Posted inWith Chinese Characteristics
Lifestyle app Meituan’s crime-busting unit sends around 90 to police
This isn’t the first time the company has conducted such a campaign.
Posted inHeavy Hitters
Dada-JD Daojia raises $500 million from Walmart and JD.com
Dada-JD Daojia (达达-京东到家), a Chinese online grocery and delivery company, has completed the latest round of funding, raising $500 million from Walmart and JD.com.
Posted inHeavy Hitters
Dianping employee fired for revealing payroll wins compensation from court
Three years after being fired, the ex-Dianping worker got RMB 120,000 in compensation.
Posted inHeavy Hitters, On the Cusp
Alibaba’s O2O lifestyle app is testing online menu for restaurants
Alibaba’s lifestyle app Koubei is testing an online restaurant menu function (in Chinese) at a chain tea shop and a fast food store in Wuxi City. The new feature offers two different kinds of services. Customers dining in at the restaurant can place orders on Koubei app when they are waiting in the line or […]
Posted inHeavy Hitters
Alibaba merges its two food delivery platforms Ele.me and Koubei
Alibaba Local Services Company is embracing “new retail” to fend off competitors such as Tencent-backed Meituan.
Posted inNews
Updated: JD’s O2O service seals partnership with commercial chain store Better Life
Updated 11:44 am 21 March 2018: The post has been updated to correct a factual mistake. JD is partnering with commercial chain store Better Life rather not BBK the electronic device maker. They both have the same Chinese name in 步步高. JD is expanding its presence in the O2O field through a new partnership with […]
Posted inHeavy Hitters
JD.com grossed RMB 160 billion in its mid-year sale with the help of physical stores
China’s e-commerce platform JD.com reached RMB 159.2 billion in sales during its annual 618 Shopping Festival, which occurred between June 1 and June 18. The company said transactions were up 37% compared with the same period last year, and more than 90% of the orders from JD’s self-operated stores achieved same-day or next-day delivery, thanks […]
Posted inUp and Comers
Luckin Coffee exits soft launch, trying to poach top Starbucks staff
Luckin Coffee (瑞幸咖啡), a new coffee brand the “new retail professional coffeeshop operator”, has announced that it now opened in 13 cities, 400 stores, served 1.3 million customers with 5 million cups of coffee after 4 months of soft launch, TMT Post is reporting. The CEO of Luckin Coffee, Qian Zhiya (钱治亚), is the former COO […]
Posted inNews
JD’s O2O service inks new deal with brick-and-mortar store chain FamilyMart
JD has been aggressively entering offline stores keeping pace with its biggest rival Alibaba. Its newest deal is with FamilyMart, Japan’s second largest convenience store chain after 7-Eleven. JD’s new cooperation deal means that users will be able to order goods through JD’s O2O service Jing Dong Dao Jia (京东到家 or “Door-to-Door JD”). Goods will […]
