Insight Report 6 minutes PremiumNew Retail in China: Alibaba To Open 10 More Membership-Only Wholesale Stores in 2021 Coresight Research June 1, 2021 What's InsideIn 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. 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: Holiday 2023: Black Friday Insights from Store Visits in the US and the UKMarch 2023 Monthly Consumer Update: US, UK and ChinaUS Store Tracker Extra, March 2023: Retailers To Close 31 Million Square Feet of Retail Space in 2023New Questions Reveal Consumers’ Economic Pessimism: US Consumer Survey Insights 2023, Week 41
