Listen! China’s Booming E-Commerce Market: A Conversation with Jacob Cooke

This episode explores the evolution of the e-commerce market in China, the challenges it presents, and its impact on the Chinese economy. Our guest, Mr. Jacob Cooke, examines fundamental differences between the e-commerce markets in China and the United States, and discusses the shifting consumer landscape toward digital trends. He also analyzes the outlook for e-commerce in China, including … https://bit.ly/3a85zod

Carrefour Opens New Tech-Infused Grocery Store in Shanghai

Supermarket chain Carrefour SA and its Chinese partner, Tencent Holdings Ltd., launched in Shanghai over the weekend the first new-concept, midsize Le Marche store. This opening of the high-tech store, the first in the world, marks the beginning of Carrefour’s retrenchment in China after its recent struggles in the hypercompetitive market. The company, which forged a strategic … http://bit.ly/2J46ZX8

Poor marks

M&S exits; Carrefour inks Tencent investment deal. Here we are very confident… You don’t need to look much further than the queue [at these doors],” said Carl Leaver, then international director of Marks and Spencer, in 2008. He was commenting on the debut of the British retailer’s first store in mainland China – which was also its largest in Asia. It attracted hundreds of … http://bit.ly/2ndckPR

JD.com Unmanned Grocery Store Goes Live

JD.com Inc. expects its first unmanned grocery store, which opened Dec. 30 in Yantai, Shandong province, to be profitable within six months. Online retailer JD.com Inc. has launched an unmanned supermarket for general public use, besting rivals Amazon.com and Alibaba in the race to roll out the first such fully automated store for commercial use. The JD.com store, in the … http://bit.ly/2CJQWuN

Anthony Hilton: Alibaba opens a treasure trove of global trade

The UK has some truly world-beating businesses, but not enough of them and they are concentrated in too few sectors. It also has a lot of other businesses which barely have a presence on the domestic stage let alone the global one and are quite happy to be going nowhere. But in between, there are many small to medium-sized companies which have something to offer international … http://bit.ly/2Akjhnx