New Retail Briefing #10: Alibaba Accelerates its Global Expansion, Intersport Teams Up with Suning
“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 is accelerating its global expansion by allowing merchants in selected countries to sell on AliExpress and launching the “The New Chinese Goods Project.”
- Meituan closed five Ella fresh food supermarkets.
- Intersport is partnering with Suning to enhance its presence in China.