Casablanca Group Forms Joint Venture to Expand Cross-Border E-Commerce Business

Reuters
Feb 06
Casablanca Group Forms Joint Venture to Expand Cross-Border E-Commerce Business

Casablanca Group Ltd. has provided an update on its joint venture company, Casa Living, which was formed to expand the Group's new retail business through online sales and e-commerce both in China and overseas markets. The Group has entered into a new cooperation agreement involving Hangzhou Dingyuan and Hangzhou Gaoshi, which will provide resources and support for exploring and expanding Casablanca's Cross-border Ecommerce Project. The agreement also involves the establishment of a Hangzhou Branch Company and the recruitment of a management team to further focus on the development of the new retail business. The Board of Casablanca Group considers the terms of the agreement fair and reasonable, and in the best interests of the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Casablanca Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260206-12017836), on February 06, 2026, and is solely responsible for the information contained therein.

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