DANWEI - The last week brought a new wave of food safety scares in China, as well as news about poisons and pollutants in consumer products. There's lead in skin care products, formaldehyde in cars, mercury in health supplements, pirated books on Amazon.cn, and a dead mouse in yoghurt!
The decision to focus on hotel bookings may be a canny one in the long-term, but discount-led growth will make it hard for the company to stem losses in the short-term.
The US-headquartered travel company continues to harbour grand ambitions in China, but is making slow progress in gaining market share.
The Baidu-invested travel search engine has shaken up China’s online travel market in recent years and expects to double revenue in FY13, but attempts to move into the online travel agency space have met with resistance.
China’s leading online travel agency has maintained market share by offering aggressive discounts in the face of stiff competition from Qunar, a policy that is eroding revenue, profits and margins.
The rise of travel search engines and online marketplace sites poses major challenges for leading online travel agencies Ctrip and eLong in the battle to benefit from rising demand for travel services among Chinese consumers
Specialist online retailer Vancl’s low prices and streamlined production model have enabled it to build up popularity among young, less-wealthy consumers.
Domestic clothing retailers are scrambling to restructure and reposition amid growing sales and aggressive expansion by multinational fashion brands and the increasing popularity of online retail.
China’s leading online retailer has strengthened its dominance since separating its B2C and C2C sites in 2011 and its future earnings potential remains huge.
Heavy investment is likely to drive further strong revenue growth for Jingdong’s online retail website 360Buy.com, but soaring costs will continue to weigh on earnings, while doubts remain over attempts to expand into new business areas.
Renminbi Compass reflects key changes in the renminbi-denominated investment environment.
Providing research coverage on asset classes as diverse as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art and antiques, as well as its traditional equity fund research.
Renminbi Compass provides orientation for investors navigating the expanding universe of renminbi asset classes.