Insight Report 6 minutes PremiumNew Retail Briefing: Alibaba Increases Stake in Logistics Firm YTO Express To Gain Bigger Share of Delivery Market Coresight Research September 17, 2020 What's InsideThis 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. 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: India Retail Insights: Key Takeaways for Retail from Union Budget 2023March 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer SentimentWeinswig’s Weekly: Tackling the Food-Waste Challenge with TechnologyUS CPG Sales Tracker: Beauty Slows Sharply, While Online Grocery Growth Continues To Decelerate
