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Yonghui Superstores

China's Tencent to buy 5 pc stake in Yonghui Stores

Tencent Holdings has agreed to purchase a stake in one of China’s largest supermarket chains, Yonghui Superstores. Shanghai-listed Yonghui announced on Monday evening that Tencent would buy a 5 per cent stake at an unspecified price. encent will also take...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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