Insight ReportNew Retail in China: Alibaba To Open 10 More Membership-Only Wholesale Stores in 2021 Coresight Research June 1, 2021 Reasons to ReadIn our New Retail in China series, we review the latest trends in New Retail, with a focus on major digital platforms and multichannel retail companies in China. We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include Alibaba’s plans for 10 new Freshippo X stores by the end of 2021, JD.com and Louis Vuitton’s new joint shopping model and the newly announced memorandum of understanding between Tencent Cloud and Japanese cosmetics company Premier Anti-Aging. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail in China series, which details Tencent’s investment in Japanese e-commerce solutions provider Rakuten, as well as the latest funding update for JD Property and Pinduoduo’s renewed commitment to digitalizing its agricultural product supply chain. 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: Holiday 2025 Survey Insights: Shopping Peak Nears as Two-Thirds Are Buying for the HolidaysWeekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional Stores2026 Sector Outlook: US Department Stores Retailing—A Slowing Decline amid Strategic ResetRolling Metric Improves This Week: Weekly US Consumer Sentiment, Week 41, 2025—Data Graphic
