Tag archive for ‘China’
By businessnewstoday On Saturday, March 17th, 2018

SharkNinja to launch cordless vacuum cleaner and steam mop product in China

(adsbygoogle = window.adsbygoogle || []).push({}); SharkNinja, a US vacuum cleaner manufacturer is set to foray into China from next onwards with the launch of its floor cleaning products – the Shark More...

By businessnewstoday On Sunday, February 18th, 2018

HECL to distribute Cardax astaxanthin dietary supplement ZanthoSyn in China

Cardax, a Hawaii-based pharma company has inked a purchase agreement with Hong Kong-based Health Elite Club (HECL) for distribution of ZanthoSyn, its astaxanthin dietary supplement for inflammatory health and longevity, More...

By businessnewstoday On Saturday, February 10th, 2018

PSA buys controlling stake in Chinese auto spare parts distributor Jian Xin

French car manufacturer Groupe PSA has purchased a controlling stake in Jian Xin, a Chinese auto spare parts distributor for an undisclosed price, in a move to boost its presence in the Chinese market. The transaction More...

By businessnewstoday On Sunday, December 24th, 2017

UK toy retailer Hamleys opens flagship toy store in Beijing

China retail industry news : UK toy retailer Hamleys has opened a new store in Beijing, which is its third toy store in China and its largest store worldwide. The new Hamleys toy store in Beijing is located in Wangfujing, More...

By businessnewstoday On Tuesday, November 21st, 2017

Alibaba to invest $2.87bn in Chinese hypermarket chain Sun Art Retail

Retail acquisition news : E-commerce giant Alibaba Group will invest HK$22.4 billion ($2.87 billion) for an equity stake in Sun Art Retail Group, a Chinese hypermarket chain operator to expand itself in the offline More...

By businessnewstoday On Wednesday, November 15th, 2017

Shanghai Pharma to buy Cardinal Health China pharma distribution for $557m

Pharma acquisition news : In the latest pharma industry news, Shanghai Pharmaceuticals has struck a deal to buy the China pharma distribution business of US-based Cardinal Health for $557 million. According to Reuters, More...

By businessnewstoday On Saturday, November 11th, 2017

Pfizer to quit Chinese generic drugs joint venture with Hisun

Pharma industry news : Pharma giant Pfizer will quit from its Chinese generic drugs joint venture Hisun-Pfizer Pharmaceuticals by divesting its 49% stake to Sapphire I (HK) Holdings for an undisclosed price. Hisun-Pfizer More...