Yonghui supermarket increases the size of mother and baby, and the new brand "youyuebaobei" is opened at the same time

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

AliExpress Expands YouTube Shopping Partnership to UK, Germany, Brazil and US

AliExpress（速卖通）, Alibaba’s（阿里巴巴）cross-border e-commerce platform, announced a global strategic affiliate partnership with YouTube on October 20, expanding cooperation to the United Kingdom, Germany, Brazil and the United States. The arrangement gives eligible creators another source of products to recommend and provides AliExpress merchants with an additional route to overseas consumers.

Anjoy Agrees to Acquire 60% of Singapore’s IFC for US$30.5 Million

Anjoy Foods Group (安井食品) has agreed to acquire 60.0005% of Singapore-based International Foodgnostics Corporation Pte. Ltd. (IFC) for US$30.47 million in cash. The proposed acquisition would add frozen bakery capabilities and operations in China, Singapore and Malaysia.

Yonghui Superstores: Net Profit Increases by 32% YoY to CNY 2 Billion in 1Q – 3Q 2020

The outbreak of the pandemic has accelerated the pace of upgrading and transformation in the retail industry.

Yonghui Superstores: Online Business Revenue Soars 243% in 1H 2020

The pandemic has fueled the company's online business.