Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Executives from Lotte Duty Free and China Tourism Group Duty Free Corporation (CTG Duty Free) met to revitalize the duty-free industry and prepare for increased Chinese tourists as Sino-Korean relations improve. Both companies shared operational expertise and discussed tourism cooperation. Lotte is proactively planning marketing campaigns to capitalize on the market benefits of visa-free policies. The meeting signals a collaborative effort to leverage the anticipated growth in Chinese tourism within the duty-free sector.

02/03/2026 Logistics Industry Insights
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Guangxi Forms Metals Group to Secure Strategic Resources

Guangxi Forms Metals Group to Secure Strategic Resources

Guangxi Critical Metals Industry Group has been established to integrate key metal resources such as tin, antimony, and indium within the region. Its mission is to connect the entire industry chain and extend upgrades into high-purity materials and new energy materials. This initiative aims to ensure national strategic resource security and promote the high-end, intelligent, and green development of the industry, ultimately building a national-level industrial cluster. This is a significant step towards securing vital resources and fostering advanced manufacturing capabilities.

02/03/2026 Logistics Industry Insights
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Meituan Revives Group Buying Competition with Summer Push

Meituan Revives Group Buying Competition with Summer Push

Meituan Select has launched a "Summer Campaign" to return to a growth trajectory, aiming to seize opportunities arising from competitors' strategic retrenchment and solidify its market position. Community group buying is reverting to its retail essence, with lower-tier markets becoming new growth drivers. Wang Xing's long-term investment in community group buying indicates a shift towards refinement, specialization, and integration with more new retail formats in the industry. The focus is on operational efficiency and supply chain optimization to achieve sustainable growth in the evolving landscape.

02/03/2026 Logistics Industry Insights
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Wechat Group Buying Faces Trust and Sourcing Challenges

Wechat Group Buying Faces Trust and Sourcing Challenges

The WeChat-based dropshipping group buying model carries inherent risks. Behind the low-priced sources lie potential issues with quality, after-sales service, and authenticity. This article reveals industry secrets, offering practical methods for identifying genuine and fake suppliers. It emphasizes the importance of trust in community group buying, advising community leaders to exercise caution when choosing WeChat channels. The article recommends prioritizing offline inspections and collaborations with B2B platforms to mitigate supply chain risks and ensure product quality for community members.

02/05/2026 Logistics Industry Insights
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Chao Yun Group Expands Into Pet Healthcare Sector

Chao Yun Group Expands Into Pet Healthcare Sector

Crayon Group strategically invests in Zhongbo Green Asia, making a strong entry into the pet medicine and healthcare product sector. The two companies will collaborate deeply in technology research and development, product development, and channel resources to jointly build a pet health ecosystem. This partnership marks a significant step in Crayon Group's strategic upgrade of its pet business, injecting strong momentum into its overall development and helping it become a leader in the pet health field.

02/11/2026 Logistics Industry Insights
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BSP Financial Group SWIFT Code Eases Cook Islands Transfers

BSP Financial Group SWIFT Code Eases Cook Islands Transfers

This article provides a detailed introduction to the BSP Financial Group's SWIFT code BOSPCKCRXXX in the Cook Islands and its usage scenarios. It reminds remitters to ensure the accuracy of their information to avoid transfer delays or issues. Additionally, it offers relevant information required for receiving funds, ensuring the smooth processing of international remittances.

09/09/2025 International Settlement
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