Reclaimed water fishery: Huanong assets plans to increase its holding of 1% - 2% of the company's shares

ERP Provider Yonyou Is China’s Answer to SAP

Yonyou ranks first in the Chinese ERP market, while SAP is the fourth.

JD.com (京东) Wins Conditional Approval for €22 Billion Ceconomy Takeover, Gaining Control of Europe’s Largest Electronics Retail Network

Germany’s Federal Ministry for Economic Affairs has conditionally approved JD.com (京东)’s proposed €22 billion acquisition of Ceconomy, the European consumer electronics retailer that owns the MediaMarkt and Saturn chains. The decision marks a major milestone in the transaction and would make JD.com the controlling shareholder of one of Europe’s largest consumer electronics retail networks once the remaining regulatory approvals are secured.

Home Original Chicken Enters Southeast Asia Through Singapore JV, Testing a New Model for Chinese Fast-Food Globalization

Home Original Chicken (老乡鸡), one of China’s largest fast-food chains, is entering Southeast Asia through a joint venture with Jumbo Group (珍宝餐饮集团), the Singapore-listed restaurant operator best known for its seafood brands.

EU Ends Duty-Free Entry for Low-Value Parcels, Reshaping China’s Cross-Border E-Commerce Model

The European Union has officially abolished its long-standing duty exemption for low-value imports, a move that is expected to significantly alter the operating model of Chinese cross-border e-commerce sellers and accelerate the industry’s shift toward localized fulfillment across Europe.

Yonyou 1H 2020 Revenue Falls below CNY 3 Billion amid the Pandemic

... and its SaaS transition is adding more pressure to its operation.