Suning.com plans to revamp department store supply chains by tapping the power of big data and AI.
The retailer’s offline expansion has taken a toll on revenue amid a lackluster consumer market.
The partnership will include more than 40 movies in the upcoming year.
The acquisition will help the Alibaba-backed retailer shore up its presence in southern China.
Panda TV’s potential bankruptcy filing highlights the intense competition in the Chinese livestreaming market.