April Wu

China Market Strategy

May 23, 2017

  • Share by Email
  • Tweet This
  • Share on Google+
  • Share on Facebook
  • Share on LinkedIn
  • Tweet This

Retail News Roundup – May 23

The top 5 retail news clips in Asia this week.

1 – Wal-Mart China opens doors to Sam’s Club

Members of Wal-Mart China subsidiary Sam’s Club can now order some 200 products from Sam’s Club US stores online.It is Wal-Mart’s latest bid to boost growth in China since selling its online business there to JD.com 11 months ago. >>

2 – Contactless payments use to double in two years

New data from fintech analyst Juniper Research forecasts that the global value of contactless payments made via cards, mobile and wearables, will reach US$1.3 trillion by 2019, more than doubling from an estimated $590 billion in 2017. >>

3 – Impresa Hospitality eyes 300 restaurants under Maroosh brand

Impresa Hospitality is planning pan India and overseas expansion of its Maroosh brand with 300 restaurants in the next five years. >>

4 – Pizza Hut to upgrade 221 restaurants in Malaysia

KUALA LUMPUR: The operator of Pizza Hut, QSR Brands (M) Holdings Bhd, plans to upgrade its 221 dine-in restaurants over the next two years, as part of its re-branding activity in conjunction with Pizza Hut’s 35th anniversary. >>

5 – How brands use short videos for marketing in China

As the luxury industry discusses Snapchat’s marketing possibilities and, more recently, Instagram’s latest filter feature, brands looking toward the China market are facing a completely different short video industry. It’s one that has witnessed rapid development thanks to the popularity of smartphones and upgraded communication networks in China. >>