JD’s O2O service inks new deal with brick-and-mortar store chain FamilyMart

JD has been aggressively entering offline stores keeping pace with its biggest rival Alibaba. Its newest deal is with FamilyMart, Japan’s second largest convenience store chain after 7-Eleven. JD’s new cooperation deal means that users will be able to order goods through JD’s O2O service Jing Dong Dao Jia (京东到家 or “Door-to-Door JD”). Goods will … More JD’s O2O service inks new deal with brick-and-mortar store chain FamilyMart

Alibaba amps Up New Retail Strategy with Home Improvement Chain Easyhome Investment

E-commerce giant Alibaba Group Holding Ltd. said on Sunday it will pay 5.45 billion yuan ($865 million) for 15% of one of China’s leading traditional home improvement chains, extending its strategy of combining online and offline retailing. The investment in Beijing Easyhome Furnishing Chain Store Group Co. Ltd “underscores Alibaba’s commitment to furthering the new … More Alibaba amps Up New Retail Strategy with Home Improvement Chain Easyhome Investment

Luxury Brands Underestimate WeChat’s Importance Offline

Now more than ever, luxury brands are making WeChat a priority. According to a recent Bain study, all 40 of the top brands surveyed had an official WeChat account. But are they doing everything they can with the tools they have? When it comes to WeChat-led omnichannel strategies, there’s some catching up to do in … More Luxury Brands Underestimate WeChat’s Importance Offline

How Alibaba, JD are expanding their empires offline by offering data to retailers

One trillion dollars. That’s how much Chinese consumers are on track to spend online by the end of this year – about half of the ecommerce market worldwide. But in China, that’s less than a quarter of all retail sales. No wonder the country’s largest ecommerce giants, JD and Alibaba, are gunning for the brick-and-mortar … More How Alibaba, JD are expanding their empires offline by offering data to retailers

Global Recovery of Luxury Market Will Take On New Trends

The global personal luxury goods market is set to rise six percent at constant exchange rates this year after a stagnant 2016, and the total market value is about to hit 262 billion Euros (USD$304 billion). The latest prediction is up from Bain’s mid-year forecast, which estimated a two-to-four percent growth of the sector to … More Global Recovery of Luxury Market Will Take On New Trends