Alibaba enters the wine market
Seeing the growing demand for imported wine, Chinese e-commerce giant Alibaba Group Holding Ltd will invest almost USD 290 million in domestic wine and spirits importer and retailer 1919.cn. In addition to importing, 1919.cn sells wine, beers and spirits directly to Chinese consumers on its site.
Related news
István Nagy: common interest is the success of Hungarian wine
The success of Hungarian wine is a common interest, and…
Read more >
Budapest Airport Hosts Its Second Wine Competition Showcasing Nearly 300 Hungarian Wines
On May 9th, Budapest Airport held its second annual wine…
Read more >
It has been revealed how much the 1949 Tokaji Aszú, which Viktor Orbán gave to the Chinese president, costs
On the occasion of the 75th anniversary of Hungarian-Chinese diplomatic…
Read more >
More related news >
Related news
Industry trends are driving the corrugated board segment
IMARC Group, one of the world’s leading strategic consulting and…
Read more >
There are places where they have already started to cheat the new automatic glass replacement machines
In Romania, when buying plastic bottles, aluminum cans and glass…
Read more >
Good-bye Aldi Price – A eulogy for EDLP price leadership
National price leadership is an overrated concept in 2024. In…
Read more >
