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Tag: Sanjiang Shopping Club

Retail Asia27/02/2017
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E-Tailing

Alibaba innovation will transform Shanghai Bailian

4min0
Alibaba Group’s collaboration with Shanghai Bailian Group, one of China’s biggest general store and retail chains, is driven by Jack Ma’s push to use innovation to shake up outdated retail. “Alibaba wants to help update some of Bailian’s 4700 stores the nation over, coordinating everything from client relations to installment and coordinations in a way […]
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Retail Asia22/11/2016
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E-Tailing

Alibaba investing in Sanjiang Shopping Club

1min0
Chinese eCommerce giant Alibaba Group Holding plans to invest 2.1 billion yuan (US$305 million) in supermarket chain Sanjiang Shopping Club. Sanjiang’s share were suspended by the Shanghai stock exchange on November 8, with trading resuming today. Under the terms of the deal, according to stock-exchange filings, Alibaba will subscribe to a private placement in Sanjiang, […]
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