Insight Report 5 minutes PremiumNew Retail Briefing: Alibaba Collaborates With Yiwu City to Build a Digital Trading Platform for SMEs; Xiaolu Clinic Boosts Traditional Chinese Medicine Consultation Services Online Coresight Research July 2, 2019 Executive Summary“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond. Here’s what’s happening: Alibaba will build a digital trading platform for merchants in Yiwu – China’s wholesale hub city. Xiaolu Clinic, an online platform that connects traditional Chinese medicine doctors to patients, has received new funds to power growth. Swiss watchmaker Omega has launched a pop-up store on Tmall Luxury Pavilion and started pre-selling its new watch edition exclusively on the platform. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Shoptalk Europe 2023 Startup Pitch Competition: Preview—10 Innovators, Three Areas of Retail DisruptionShoptalk Europe 2023 Startup Pitch Competition: Recap—10 Innovators, Two WinnersE-Commerce Outlook: US Home-Improvement Market—Retailers Expand Their Online OfferingsInnovator Profile: Drop Facilitates Seamless and Scalable Selling on Social Media