Alibaba reports 28% revenue increase
Alibaba has announced that it generated revenue of RMB20,245 million (US$3,265 million) for the quarter ended 30 June, up 28% on last year.
Read MoreTag: China
Macy’s to launch flagship store on Alibaba’s Tmall Global
Macy’s China Limited is set to launch an exclusive online flagship store on Alibaba’s Tmall Global, providing a wide selection of Macy’s merchandise to shoppers in China.
Read MoreFedEx launches cold chain solutions for China
FedEx Express has launched new “one-stop” cold chain solutions in mainland China.
Read MoreDHL announces support for Hong Kong runway project
DHL has announced that it supports the Airport Authority of Hong Kong’s plans to start construction on the third runway project in 2016.
Read MorePostal Savings Bank of China speeds up strategic investors’ fundraising ahead of IPO
Postal Savings Bank of China (PSBC) has indicated that it is speeding up the fundraising from strategic investors ahead of its planned initial public offering (IPO).
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