Insight ReportNew Retail Briefing: Alibaba Invests in Hypermarket Chain Sun Art and Luxury E-Commerce Platform Farfetch Coresight Research November 25, 2020 Reasons to ReadThis report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include Alibaba’s investment to increase its stake in domestic hypermarket Sun Art Retail to become the controlling shareholder and JD.com’s partnership with Kuaishou to host a 200-hour livestreaming session for Singles’ Day from November 1 to 9. We also explore Alibaba’s plans with Richemont to each invest $300 million in luxury fashion retail platform Farfetch. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail Briefing series, which discusses Alibaba’s investment planned investment in travel retailer Dufry to capture sales from China’s growing domestic duty-free market. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Five Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product ManagementEarnings Insights 1Q25, Week 2: Adidas, CVS, Sprouts and More Report Solid Sales Growth—InfographicConsumer Sentiment Climbs from July Trough, as Tariff Truce Extended: China Consumer Survey InsightsShoptalk Spring 2025 Wrap-Up: Customer-Centricity for a New Golden Age of Retail
