China Consumer « Week In China

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China Consumer

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Alibaba’s Ele.me ups the ante in battle with Tencent-backed Meituan
Aug 17, 2018 (WiC 420)

The Peloponnesian War, fought between two of Greece’s leading city-states – Athens and Sparta – in 431–404 BC, was believed by Thucydides to be the most significant conflict in antiquity. For one thing, it drew the rest of the Hellenic ...

Ofo rolls back overseas operations
Jul 27, 2018 (WiC 419)

“Presence first, profits second” summarises the mindset of much of China’s sharing economy. For example, Didi and Uber’s China unit both ploughed cash into subsidising fares in a bid to attract more customers. The price war only ended in ...

Victoria’s Secret to face off with a Chinese rival advised by its former CEO
Jul 27, 2018 (WiC 419)

A gap in Hong Kong’s retail landscape was filled last week when Victoria’s Secret finally opened one of its flagship stores in the city (Shanghai got one nearly 18 months ago). To drum up interest for its newest store – which spans 50,000 ...

Less than a year old, coffee chain Luckin is challenging Starbucks
Jul 20, 2018 (WiC 418)

When Chinese coffee start-up Luckin Coffee said it was filing a lawsuit against Starbucks in May, the American chain dismissed the move as a publicity stunt (see WiC406). Luckin accused Starbucks of shutting out competitors by demanding ...

Can Want Want overcome its ‘mid-life crisis’?
Jul 13, 2018 (WiC 417)

Want Want found its formula for marketing success early in China and didn’t vary it much after opening its first factory in Hunan in 1992. For decades the maker of rice crackers and canned fruit milk has festooned its products with the logo of ...

Younger Chinese men are becoming big buyers of cosmetic products
Jun 29, 2018 (WiC 415)

Han Wei takes about half an hour to complete his seven-step grooming routine every morning. At his dressing table there is facial cleansing milk, toner, serum, moisturiser, eye cream and an eye massage stick. “The skin around my eyes is ...

Flagging energy drink maker Jianlibao revives two-decades-old IPO plan
Jun 22, 2018 (WiC 414)

One of the more poignant scenes in Zhang Yimou’s Not One Less, a movie that depicts rural poverty in 1990s China, is a portrayal of 26 children sharing two cans of Coca-Cola between them. But for Li Jingwei, founder of energy drink company ...

A bakery chain battles an ‘impostor’ over the use of its brand
Jun 22, 2018 (WiC 414)

A bun stuffed with mayonnaise and heaped with pork floss may not sound like much of a delicacy, and much less a dish that became an internet sensation. But one such bun has sparked an online frenzy and a flurry of lawsuits between two bakery ...

Unicorn status for luxury e-commerce platform
Jun 15, 2018 (WiC 413)

It is almost impossible to separate the Quotations from Chairman Mao from China’s Cultural Revolution, a period when revolt against bourgeois behaviour was taken to the extreme. Printed in 1964, the slim volume of aphorisms – also ...

Sichuan hotpot king Haidilao taps IPO market for expansion cash
Jun 1, 2018 (WiC 411)

Impeccable service is expected in first-class travel and at plush restaurants such as Eleven Madison Park in New York or Holborn Dining Rooms in London, which routinely research their guests on Google before their arrival. But a Chinese hotpot ...

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