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New Retail Briefing: Alibaba Increases Stake in Logistics Firm YTO Express To Gain Bigger Share of Delivery Market

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Coresight Research

What's Inside

This report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations.

This month, highlights include Alibaba’s investment in logistics firm YTO Express to increase its stake in China’s express delivery market, as well as grocery retailer Bunnymaicai’s plans to leverage recent funding for further digital development. We also explore the recent agreement between JD.com and Chinese cooking brand Fulinmen to facilitate product innovation, marketing promotion and logistics services cooperation.

The appendix details the last 12 months of New Retail developments in China.

Click here to read the previous report in the New Retail Briefing series, which discusses the opening of Burberry’s new “social retail” store with Tencent and the launch of Alibaba’s fifth Taobao Maker Festival.

Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak.

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