Insight Report 3 minutes PremiumAlibaba Solidifies Brick-and-Mortar Retail Push with Bailian Supermarket Partnership Coresight Research February 21, 2017 Executive Summary On February 20, Alibaba announced the formation of a strategic partnership with Chinese retailer Bailian Group to explore new forms of retail opportunities across the brick-and-mortar and e-commerce ecosystems. The strategic cooperation between the two companies includes: a) developing retail technology that leverages artificial intelligence, the Internet of Things (IoT) and big data; b) improving efficiency in logistic and supply-chain management; c) increasing the visibility of inventory management at traditional retailers; and d) enhancing more seamless and functional membership programs via geolocation, facial recognition and other systems. In our view, this partnership lies in the embodiment of Alibaba’s long-term vision of “New Retail”, which depicts a world where physical and virtual commerce are seamlessly integrated. Alibaba will continue to revolutionize the old ways of traditional retail. 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: Innovator Profile: Seer Enables Content Creation and Personalization To Increase Consumer EngagementCanada Store Openings and Closures Tracker 2024: Best Buy To Double Canada Store Count This YearConsumers Report Financial Confidence Ahead of the Holiday Peak: US Consumer Survey Insights 2023, Week 51Copley Place and Prudential Center—Demonstrating the Potential of Urban Mixed-Use Malls