Nearly 70 domestic home appliance retailers formed an industry alliance to tap China's rural market. Formed on July 6, the alliance consists of companies with an annual turnover of at least RMB300 million ($44.25 million) and which target third and fourth-tier cities as well as the rural market.
To continue reading the article, please select –
Search TMT China
Log In
Latest Interview
Group discount sites will shake up China’s online shopping sector – Song Zhongjie, Didatuan.com CEO
The rapidly spreading popularity of group discount sites in China is giving physical small and medium sized enterprises (SME) across the country a way to market themselves online. The unique business model may prove a serious new competitor in China’s lucrative online shopping sector.
Latest Feature
Online games sector faces challenges and opportunities - analysts
Mixed second quarter results this year from China's leading online game operators show a leveling off in the robust growth of the industry that has lasted for over a decade. Not only is the online games industry going through a short-term transition, according to analysts, it is facing a challenging long-term slowdown.
