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Intime Department Store
Intime Department Store (sometimes transliterated as Yintai) is a chain of department stores with stores in Beijing, Zhejiang, Hubei, Sichuan, Shaanxi and Anhui. Founded in 1998, Yintai Department Store opened its first store in Hangzhou, headquartered in Beijing. It is owned by Yintai Commercial Group Co., Ltd. (Hong Kong Stock Exchange:1833.HK), and is part of Alibaba Group Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzho .... History * In March 2007, Yintai Department Store made a public offering in Hong Kong, with a fund of up to 2.43 billion Hong Kong dollars. China Life's fund and the Pandisson family, a major shareholder of Dickson, were also subscribed. Yintai Department Store also holds some shares of the 100 Group and Wuhan Wushang Group. * In October 2010, Yintai Departmen ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ...
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Hangzhou
Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counties, and one county-level city in northwestern Zhejiang. It is situated at the head of Hangzhou Bay and the estuary of the Qiantang River. Established as a county seat in 221 BC, Hangzhou later served as the capital of the Wuyue Kingdom (923–997) and the Southern Song dynasty (1138–1276). The city has three UNESCO World Heritage Sites, which are the West Lake Cultural Landscape, the Grand Canal, and the Archaeological Ruins of Liangzhu City. Hangzhou is designated as a sub-provincial city. Hangzhou ranked ninth in GDP among mainland Chinese cities and 14th according to the Global Innovation Index. The city hosts the headquarters of Alibaba Group, Ant Group, DeepSeek, Geely, and NetEase. According to the Nature Index, it ...
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Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as China's List of cities in China by population, second largest city by urban area after Shanghai. It is located in North China, Northern China, and is governed as a Direct-administered municipalities of China, municipality under the direct administration of the Government of the People's Republic of China, State Council with List of administrative divisions of Beijing, 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji, Jing-Jin-Ji cluster. Beijing is a global city and ...
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Alibaba Group
Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000, ...
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Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris () and in New York City ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional d ...
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Zhejiang
) , translit_lang1_type2 = , translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese) , image_skyline = 玉甑峰全貌 - panoramio.jpg , image_caption = View of the Yandang Mountains , image_map = Zhejiang in China (+all claims hatched).svg , mapsize = 275px , map_caption = Location of Zhejiang in China , coordinates = , subdivision_type = Country , subdivision_name = China , named_for = Old name of Qiantang River , seat_type = Capital and largest city , seat = Hangzhou , established_title = Annexation by the Qin dynasty , established_date = 222 BC , established_title2 = Jiangnandong Circuit , established_date2 = 626 , established_title3 = Liangzhe Circuit , established_date3 = 997 , established_title4 = Zhejiang Province formed , established_date4 = 1368 , established_title5 = Republican Period , established_date5 = 1 January 1912 , established_title6 ...
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Hubei
Hubei is a province of China, province in Central China. It has the List of Chinese provincial-level divisions by GDP, seventh-largest economy among Chinese provinces, the second-largest within Central China, and the third-largest among inland provinces. Its provincial capital at Wuhan serves as a major political, cultural, and economic hub for the region. Hubei is associated with the historical state of E that existed during the Western Zhou dynasty (771 BCE). Its name means 'north of the lake', referring to Dongting Lake. It borders Henan to the north, Anhui and Jiangxi to the east, Hunan to the south, and Chongqing and Shaanxi to the west. The high-profile Three Gorges Dam is located at Yichang in the west of the province. History The Hubei region was home to sophisticated Neolithic cultures. By the Spring and Autumn period (770–476 BC), the territory of today's Hubei formed part of the powerful Chu (state), State of Chu. Chu, nominally a tributary state of the Zh ...
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Sichuan
Sichuan is a province in Southwestern China, occupying the Sichuan Basin and Tibetan Plateau—between the Jinsha River to the west, the Daba Mountains to the north, and the Yunnan–Guizhou Plateau to the south. Its capital city is Chengdu, and its population stands at 83 million. Sichuan neighbors Qinghai and Gansu to the north, Shaanxi and Chongqing to the east, Guizhou and Yunnan to the south, and Tibet to the west. During antiquity, Sichuan was home to the kingdoms of Ba and Shu until their incorporation by the Qin. During the Three Kingdoms era (220–280), Liu Bei's state of Shu was based in Sichuan. The area was devastated in the 17th century by Zhang Xianzhong's rebellion and the area's subsequent Manchu conquest, but recovered to become one of China's most productive areas by the 19th century. During World War II, Chongqing served as the temporary capital of the Republic of China, and was heavily bombed. It was one of the last mainland areas captured ...
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Shaanxi
Shaanxi is a Provinces of China, province in north Northwestern China. It borders the province-level divisions of Inner Mongolia to the north; Shanxi and Henan to the east; Hubei, Chongqing, and Sichuan to the south; and Gansu and Ningxia to the west. Shaanxi covers an area of over with about 37 million people, the 16th-largest in China. Xi'anwhich includes the sites of the former capitals Fenghao and Chang'anis the provincial capital and largest city in Northwest China and also one of the oldest cities in China and the oldest of the Historical capitals of China, Four Ancient Capitals, being the capital for the Western Zhou, Western Han, Sima Jin, Jin, Sui dynasty, Sui and Tang dynasty, Tang List of Chinese dynasties, dynasties. Xianyang, which served as the capital of the Qin dynasty (221–206 BC), is just north across the Wei River. The other Prefectures of China, prefecture-level prefecture-level city, cities into which the province is divided are Ankang, Baoji, Hanzho ...
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Anhui
Anhui is an inland Provinces of China, province located in East China. Its provincial capital and largest city is Hefei. The province is located across the basins of the Yangtze and Huai rivers, bordering Jiangsu and Zhejiang to the east, Jiangxi to the south, Hubei and Henan to the west, and Shandong to the north. With a population of 61 million, Anhui is the 9th most populous province in China. It is the 22nd largest Chinese province based on area, and the 12th most densely populated region of all 34 Chinese provincial regions. Anhui's population is mostly composed of Han Chinese. Languages spoken within the province include Lower Yangtze Mandarin, Wu Chinese, Wu, Huizhou Chinese, Hui, Gan Chinese, Gan and small portion of Central Plains Mandarin. The name "Anhui" derives from the names of two cities: Anqing and Huizhou, Anhui, Huizhou (now Huangshan City). The abbreviation for Anhui is , corresponding to the historical , and is also used to refer to the Wan River and Mount Ti ...
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Jenny Zeng
Yu Zeng (), commonly known as Jenny Zeng, is a Chinese venture capitalist and a serial entrepreneur. She is the founder and a managing partner at venture capital firm MSA Capital. In 2011 she was named one of China's 30 most influential businesswomen by the ''China Entrepreneur Magazine''. Zeng is also a board member of the Future Forum and a member of The Nature Conservancy. Biography She was the third daughter of her parents. She studied international trade at Beijing Electronic Industrial Management Institute and graduated in 1996. In 2002, she became the first executive director of China Venture Capital Association. She started her first company Maple Valley Investments in 2004. Maple Valley gained fame by helping InTime Department Store raise US$90 million of private investment and later go public and attracted many other high-profile clients. In 2014, she founded MSA Capital which focuses on investing in AI, genomics, mobility, consumer internet and SaaS. Her invest ...
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