Insight Report 5 minutes PremiumNew Retail Briefing: Tencent Develops New Credit Payment Product Coresight Research September 24, 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: Tencent is developing a credit payment product, named Fenfu, which will integrate into WeChat Pay. Coach and Kate Spade will launch stores on Alibaba’s dedicated luxury and premium goods platform Tmall Luxury Pavilion. Tmall joined New York Fashion Week under the banner of “Tmall China Cool,” with five Chinese brands showcasing their spring-summer 2020 collections at Spring Studios. 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: Avoidance Stabilizes: China Consumer TrackerGenerative AI Latest: Amazon’s Initiatives, the Home Sector’s Entry and the Launch of Hypermodal AIInnovator Profile: Gander Enables Brands To Engage with Online Shoppers via Integrated UGC VideoAnalyst Corner—Gen Zers vs. Baby Boomers: Uncovering Three Generational Shopping Trends with Aditya Kaushik
