Insight ReportNew 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. 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: Shoptalk Spring 2025 “Shark Reef” Startup Pitch: Event Format and CompetitorsInnovator Profile: Sotira—Monetizing Surplus Inventory with Automated Compliance, Logistics and Resale ChannelsFive Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextWeekly US Store Openings and Closures Tracker 2025, Week 15: Guess? To Close Nearly 20 Stores