Insight Report 6 minutes PremiumNew Retail in China: Tencent Invests in Rakuten, Seeks Collaboration in E-Commerce Coresight Research April 5, 2021 What's InsideIn 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. 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: Consumer Sentiment Falls Further After Stock-Market Sell-Off: Weekly US Consumer Sentiment, Week 12, 2025—InfographicSteadiness Continues: Weekly US Consumer Sentiment, Week 15, 2025—InfographicWhat Can Retailers Learn from Shein and Temu?: Insights Presented at RLC Global Forum 2025Dick’s Sporting Goods To Acquire Foot Locker: Analyzing Store Overlap, Shopper Penetration and Strategic Reach