Yonghui Supermarket: the net loss in the first half of the year was 1.083 billion yuan, a year-on-year decrease of 158.41%

The Overlooked 120 Million Consumers

Japan is a demanding but high-value market. Chinese sellers are growing fast, yet success requires more than low prices—clear manuals, strong quality, 24/7 service, and trust. Consumption is polarizing, and aging buyers remain active. Long-term branding and localization are key.

Week's Go Global Information Gap (11/23–11/29): The US launched the AI "Genesis Project"

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

China and U.S. Agree to Pause Certain Tariffs and Export Restrictions

​On October 30, China’s Ministry of Commerce (商务部) officially released the outcomes of the China–U.S. trade consultations held in Kuala Lumpur. Building on the consensus reached during the China–U.S. presidential meeting in Busan, the two countries’ economic and trade teams achieved substantive breakthroughs on key issues such as tariffs and export controls, providing a strong boost of confidence to the global economy.

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.