JD.com opens grocery stores, following Alibaba into traditional retail in China
Bloomberg News
(Bloomberg)—JD.com Inc. has opened the first of a chain of high-tech supermarkets in Beijing, following arch-foe Alibaba Group Holding Ltd. into the world of physical retail. The envisioned chain of “7Fresh” stores represent its biggest foray into traditional retail, and like Alibaba it’s counting on reaching new customers and securing valuable data by connecting online […]