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Virtual vintners toppling wine importers in China

Increasingly price-savvy shoppers are driving a boom in online trade

Published Thu, Jun 23, 2016 · 09:50 PM

Hunter Valley, Australia

WU Zhendong sees himself as something of a wine buff. The 25-year-old lawyer from China's western city of Chengdu is a member of his local wine club, likes to drink Chateauneuf-du-Pape - and now, like many of his peers, buys most of his wine online.

Mr Wu…

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Companies & Markets

Virtual vintners toppling wine importers in China

Consumer & Healthcare

Lululemon to shutter Washington distribution center, lay off 128 employees

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

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