Retail Asia11/10/2017
2min0
To accelerate its roll-out of new high-tech retail, Alibaba Group is establishing a JV company with supermarket chain New Hua Du Supercenter. It will be a co-operative platform to pool their resources and respective advantages in the supply chain. The controlling shareholder of New Hua Du Supercenter, Newhuadu Industrial group, has transferred 10 per cent […]