Insight ReportNew Retail Briefing: JD.com Prompts Social Gifting on WeChat; Suning Acquires Convenience Stores from Fung Group Coresight Research August 13, 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: JD.com launched a gifting mini program JD Gift on WeChat to boost social e-commerce. JD.com opened its first services center for luxury goods in Beijing to scale up its servicing capability in the field of high-end products. Suning acquired the Circle K convenience store business in Guangzhou from Hong Kong-listed Fung Group. 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: Earnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This WeekShoptalk Fall 2025 Day Two: Scaling Pilots, Pivoting with Intelligence and Building Next-Gen Customer ExperiencesUS CPG Sales Tracker: Beauty Sales Accelerate, While Online Grocery Sees Sharp SlowdownTariff Pessimism Cools; Inflationary Trade-Down Persists: US Consumer Survey Insights Extra
