Nordic News, Business and Life in Asia
IKEA is putting eight former stores in China up for sale as the Swedish furniture giant reduces its mainland footprint amid falling sales and a prolonged property crisis. The properties, …
IKEA puts eight Chinese stores up for sale Read More
Self-driving vehicles are now part of daily operations for the Swedish furniture giant in China, INGKA reports. IKEA has introduced autonomous electric vehicles at its store in Hefei, Anhui Province, …
IKEA in China adopts self-driving transport after successful trial Read More
IKEA will close seven of its large stores in China from 2 February, the company said. The Swedish retailer cited a restructuring to move resources closer to consumers. Stores affected …
IKEA to close seven stores in China as it shifts to smaller formats Read More
Swedish home furnishing giant IKEA reaffirmed its long-term commitment to the Chinese market at the China International Import Expo (CIIE) in Shanghai, focusing on innovation, sustainability, and inclusive design. “The …
IKEA highlights local innovation and inclusive design in China Read More
IKEA China will present a series of new products and sustainability collaborations under the theme “Home is more than you think” at the upcoming 8th China International Import Expo (CIIE) …
IKEA China unveils local innovation strategy at 8th China International Import Expo Read More
IKEA China will invest 160 million yuan during its 2026 fiscal year as part of a renewed focus on growth in the Chinese market. The Swedish home-furnishing group says the …
IKEA to expand investment in China Read More
Swedish home furnishings giant IKEA has opened an official flagship store on Chinese e-commerce platform JD.com, marking a new step in its strategy to expand digital and omnichannel operations in …
IKEA launches flagship store on JD to boost growth in China Read More
Swedish furniture giant IKEA has urged the Chinese government to introduce additional stimulus measures. This request arises as China faces a prolonged property crisis and ongoing economic challenges. Recently, the …
IKEA urges more stimulus support in China Read More
IKEA is opening smaller, more convenient stores in China to better meet customer needs as the economy slows and competition grows. The company has already started testing these smaller formats …
IKEA expands with smaller stores in China Read More
Swedish retail giant IKEA and its sister company Ingka Centres are ramping up their expansion in Asia with two major projects. This month, Ingka Centres, IKEA’s sister company, is opening …
IKEA expands in Asia with new projects in Shanghai Read More
The canteen of the Swedish store IKEA in Shanghai has become a regular meeting place for the elderly. According to the media South China Morning Post some even use it …
IKEA in Shanghai has become a meeting place Read More
Despite the slowing economy, the Swedish retailer still consider China a key growth market, executives at IKEA said on Thursday, October 12. China was for several years the fifth biggest …
IKEA still consider China a key growth market Read More
IKEA has stated, that the Swedish furniture giant plans to invest CNY6.3 billion ($864 million) in the Chinese market over the next three years. The investment is to enhance and …
IKEA to invest millions in China Read More
The Swedish furniture giant IKEA has started selling 500 apartments in Changsha in southern China, as the company invests in a combination of shopping centers and housing, Expressen writes. IKEA’s shopping malls …
IKEA is expanding with housing adjacent to its shopping centers in China Read More
The Swedish Chamber of Commerce China invites you to their upcoming webinar titled ‘Customer to user – How changing one word can revolutionize your business’ with innovation guru Jacob Johansen …
Join SwedCham’s webinar ‘Customer to user’ with innovation guru Jacob Johansen Read More
Swedish IKEA is planning an investment of 1.41 billion USD in the Chinese market, the company announced at a press briefing in Beijing on 22 August 2019 according to Yicai …
Swedish company to invest millions in Chinese market Read More