China’s antitrust watchdog has handed another round of penalties to the country’s tech giants including Alibaba and Tencent that involve investments in two of the country’s leading drinks trading platforms in ongoing crackdown on monopolies. Read More
1919 Wine and Spirits
China’s biggest online drinks retailer 1919 Wine and Spirits, partly owned by e-commerce giant Alibaba, has bounced back from a pandemic-hit year to report a strong half-year performance over 2020 and Covid-free 2019. Read More
Here are the top 10 best performing online drinks stores in China. Read More
Is 1919.cn scaling back in China?
1 min read
China’s biggest online drinks retailer 1919.cn has reportedly closed 20 offline stores in Shanghai and is planning more closures nationwide amid the country’s slowing economy, according to Chinese media. Read More