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New Retail in China: Tencent Invests in Rakuten, Seeks Collaboration in E-Commerce

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Coresight Research

What's Inside

In our New Retail in China series (formerly New Retail Briefing), 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 Tencent’s investment in Japanese e-commerce solutions provider Rakuten. We also discuss the latest funding update for JD Property and Pinduoduo’s renewed commitment to digitalizing its agricultural product supply chain.

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 discusses Tencent’s launch of a centralized portal for brands and retailers’ WeChat mini programs, as well as the IPO prospectus filing from JD Logistics and the opening of a Tmall Luxury Pavillion store by Italian high-end shoe brand Santoni.

 

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