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BEIJING RESTAURANT DISCOUNTS
Price wars grip China as deflation deepens, $30 for a luxury Coach bag?China’s deflation pressures are shifting consumer habits, with luxury buyers like Mandy Li opting for heavily discounted second-hand goods ...- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- China's army of food delivery drivers get by with help from discount 'loving meals'In China's bustling cities, a compassionate movement called "aixincan" offers discounted meals to those in need, particularly migrant worke...
- In deflation-hit China, one store holds flash sales four times a dayChina's consumer price index dropped by 0.7% in February, highlighting deflation worries. Discount stores like Beijing's Wankelai employ fl...
- Will Western companies return to Russia?More than a thousand companies have exited Russia amidst the Western sanctions due to the war in Ukraine, with losses totaling $107 billion...
- China's Instagram-like Xiaohongshu making inroads with ecommerce salesA recent switch to livestream selling on social media platform Xiaohongshu three months ago has seen Feng sell everything from a 15,000 yua...
- Why it's so hard for China to fix its real estate crisisChina's stock market was plunging and its currency was teetering. The head of the central bank, fielding questions at a rare news conferenc...
- Why it's so hard for China to fix its real estate crisisMany economists in China now suggest that the country needs to go beyond reductions in down payments and also cut interest rates sharply, g...
- 'OK, Mexico, Save Me': After China, this is where globalisation may leadAmong multinational companies, decades of faith in the merits of making things in China had come under scrutiny, especially as animosity in...
- Amazon’s legal tangles in India are a cautionary taleThe foreign firm is legally barred by India’s overseas investment rules from acting as a retailer that owns or discounts inventory.
- Zomato serving a hot but pricey IPO during a tech cold warA law on personal data protection, and another on use of non-personal information, may be up next. That could be important for Zomato.
- No cash, no card, just pay on the goSmart money and smart processes are coming together to enable a smooth shopping experience for you — convenient, contactless, and cheap
- SGX Nifty up 80 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 19 points lower at 7 am (IST) in signs that Dalal Street was headed for a flat start on Mond...
- Travelling abroad? 7 typical ways you could get robbed of your moneyTourists are easy targets for scamsters in foreign countries. Find out how to sense danger and fortify yourself against cheating during an ...
- How a newcomer is dishing out a tough time for AlibabaA gruelling fight between market leaders Meituan and Alibaba is reshaping life for billions of shoppers in China’s busiest cities
- Indian goods spice up China’s Singles DayThe shopping carnival saw online markets doing business exceeding $30 billion as millions of consumers bought a wide range of goods, most o...
- This little-known Chinese startup just hit a valuation of $30 billionWang started Meituan.com in 2010 as a group-buying site similar to Groupon Inc., where people can get discounts by buying electronics or re...
- Pakistan takes its China love to a whole new level with record tax breaks, translatorsIslamabad, has handed out tax discounts close to $ 1.43 billion so far despite concerns of an adverse impact to its local industries and do...
- Why biggest China internet deal between Dianping and Meituan didn’t need two sets of bankersBoutique investment bank China Renaissance Partners advised both discount site Meituan.com and restaurant-review service Dianping.com on th...
- Budget tours attract more Indians to ChinaIt started as a trickle a decade ago and is turning out to be a flood as China has steadily emerged as a new destination for Indians.
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