Franchise Pet Shops as-a-service
September 9, 2021
In order to facilitate the development of franchised pet store businesses, the company “Pet Store Leader”, a pet shop SaaS service provider, announced on September
Economy
Sensen Group files for A-shares IPO
January 18, 2021
On 18 January 2021, Sensen Group Co., Ltd. announced an initial public offering and listing counseling agreement with Haitong Securities, planning to enter the China’s
Preliminary trade deal streamlines pet food, feed exports to China
January 18, 2021
Pet food advocacy groups in the US commended the signing of a trade agreement with China on Jan. 15. China will be expected to import $200 billion of goods and services from the US in 2021.
Ruipeng Pet Clinic Seeks New Funding Ahead of IPO
May 29, 2020
The source said Tencent Holdings Ltd. has shown interests in potentially investing around $50 million. Shenzhen-based pet clinic Ruipeng Pet Healthcare is seeking to raise
China’s leading pet food maker net profit up nearly 40 pct in 2019
April 11, 2020
China’s leading pet food maker Yantai China Pet Foods saw annual growth of 39.97% in net profit attributable to shareholders of the listed company in 2019.
Chinese pet industry united against Covid-19
March 5, 2020
The novel coronavirus came into the world by surprise, while Chinese citizens were enjoying the lunar new year holidays. It continues to take a toll
APAC leads the growth of Pet Wearable Market
November 9, 2019
The pet wearable market is expected to grow from USD 703 million in 2019 to USD 1,718 million by 2024 at a CAGR of 19.6%, led by the Asia-Pacific region.
E-Commerce Newcomer Pinduoduo Beats Market Expectations
May 20, 2019
Chinese e-commerce newcomer Pinduoduo has announced strong Q1 performance on Monday – in fact, stronger than expected. Beating markets’ expectations, the company’s total revenues for
China’s online retail growth in April falls to a new low of 17.8%
May 15, 2019
China’s online retail sales increased 17.8% year on year in the first four months of 2019, a significant deceleration compared with the 32.4% year-on-year jump
China pet market booms despite slower spending
February 26, 2019
Pet stores boom in China China’s overall retail sector may be in the doldrums, but pet stores are enjoying a boom as consumers look to spend on what really
China’s pet care market continues to expand rapidly. Since 2012, the growth in terms of volume, network size and products available in the country has been accelerating year after year.
But professionals from all over the world who have works with China know that entering this large and promising market is an adventure fraught with pitfalls.
If you want to be successful in chinese pet market, it is recommended to develop a good understanding of its characteristic and keep control over your brand image, no matter if you plan to rely on a general agent or work with multiples partners.
It starts here, with the latest news from the industry, market data and in depth articles covering topics such as sales network, chinese social media and other marketing tools, new regulations, etc.