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In China, 53% of alcohol buyers shop online

In China, 53% of alcohol buyers shop online

China’s alcohol e-commerce sector is not just thriving—it’s setting global benchmarks. How it’s revolutionizing the market: China : an ecommerce Market for alcohol In the realm of global alcohol e-commerce, China is the standout leader. Post-Covid, while other markets are plateauing, China’s online alcohol sales are surging. Innovations in direct-to-consumer (D2C) channels and the lift…

The French Cellar invest million in the Chinese Market
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The French Cellar invest million in the Chinese Market

The FrenchCellar startup in Asia selling Wine subscription to Asian consumers will secure millions yuans to the Chinese Market.  Investment in China ESW Manage Ltd, a private equity firm focused on investment opportunities in Asia, last week announced it’s 7-figure investment into Asia’s pioneering wine subscription e-commerce platform, ‘The French Cellar‘ (www.theFrenchCellar.asia). It acquired a 20% stake in the new…