Sheng Siong signs joint-venture deal to run supermarkets in China

December 29, 2014

Singapore-listed Sheng Siong Group has signed a conditional joint-venture (JV) agreement with Kunming LuChen Group Co Ltd to operate supermarkets in China.

Under the conditional agreement, the proposed JV company will be incorporated under the laws of China with a registered capital of USD10 million.

Must read

A sophisticated e-commerce model attracts 8 major supermarkets

June 21, 2017

China’s move to curb grey market for luxury goods may have opposite effect

February 23, 2016

Chinese smartphones have 50 percent market share

August 9, 2021

SCR Corp set to move into Indonesia

July 21, 2016

Durian prices plunge by half

March 26, 2023

Korean duty-free store sales record in December

January 24, 2018

Vietnam’s low-tech agriculture startups fail to interest investors

September 12, 2018

Urban Tea to roll out More China Stores

May 29, 2019

Behind the Buzz

Retail News Asia — Your Daily Fix of What’s Happening in Asian Retail

We’re here to keep you in the loop—every single day. Whether you’re running a small local shop, scaling an online biz, or part of a global brand making moves in Asia, we’ve got something for you.

With 50+ fresh stories a week and 13.6 million readers, Retail News Asia isn’t just another news site—it’s the go-to source for all things retail across the region.