Scale and differing corporate cultures and business model may prove obstacles for Suning to integrate Carrefour China, says one expert.
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Alibaba is revamping China’s offline retailing through a bottom-up approach
Alibaba’s expansion to brick-and-mortar stores started two years ago with a series of investments and acquisitions that worth as much as US$8 billion. To strengthen the offline foray, the Chinese e-commerce giant, which earns hefty profit margin because it does not hold inventories, is rewriting its asset-light model by opening Hema Xiansheng brand and Alibaba […]
