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New Retail Briefing: Alibaba To Invest in Travel Retailer Dufry To Tap Into China’s Growing Domestic Duty-Free 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 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.

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