Insight Report 7 minutes PremiumNew Retail Briefing: Alibaba To Invest in Travel Retailer Dufry To Tap Into China’s Growing Domestic Duty-Free Market Coresight Research October 29, 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 planned investment in travel retailer Dufry to capture sales from China’s growing domestic duty-free market and Pinduoduo’s partnership with Yili, the largest dairy company in China, to livestream the production process in its formula factory as a move to gain consumer trust. We also explore the opening of a flagship store on Tmall Luxury Pavilion by British luxury goods brand Dunhill and Canadian fashion group Ports launch of an exclusive promotion for members of JD.com’s premium membership program, JD Plus. 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 Alibaba’s investment in logistics firm YTO Express and grocery retailer Bunnymaicai’s plans to leverage recent funding for further digital development. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. 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: August 2024 US Retail Sales: Growth Eases Following One-Month SpikeEarnings Insights 1Q24, Week 4: Alibaba and Walmart Report Sales Increases; The Home Depot and Under Armour See Sales DeclinesShoptalk Europe 2023 Startup Pitch Competition: Preview—10 Innovators, Three Areas of Retail DisruptionRetail-Tech Landscape: Retail Analytics