Insight ReportNew Retail in China: Alibaba To Open 10 More Membership-Only Wholesale Stores in 2021 Coresight Research June 1, 2021 Reasons to ReadIn our New Retail in China series, we review the latest trends in New Retail, with a focus on major digital platforms and multichannel retail companies in China. We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include Alibaba’s plans for 10 new Freshippo X stores by the end of 2021, JD.com and Louis Vuitton’s new joint shopping model and the newly announced memorandum of understanding between Tencent Cloud and Japanese cosmetics company Premier Anti-Aging. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail in China series, which details Tencent’s investment in Japanese e-commerce solutions provider Rakuten, as well as the latest funding update for JD Property and Pinduoduo’s renewed commitment to digitalizing its agricultural product supply chain. 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: Amazon Apparel US Consumer Survey 2025: New Shoppers, Deeper Loyalty—InfographicUS CPG Sales Tracker: CPG E-Commerce Spikes and Beauty Sales Growth Jumps, Driven by Prime Day and Competing July 2025 Sales EventsHoliday 2025: US Consumer Survey and Retail Outlook—From Social to Smart: AI Becomes the New Driver of Holiday Discovery and ValueHigh-Income Consumers Turn Optimistic About Economy; Plus, Inflation Awareness Declines: US Consumer Survey Insights
