After beefing up its grocery delivery chops here, including automated kiosks and crowdsourcing, Walmart is now testing same-day grocery delivery to customers in China through a hookup with WeChat and delivery service Dada. This is separate from Walmart’s partnership with JD.com, although both have invested in Dada.
Global ecommerce holidays have become increasingly pervasive and lucrative, as ever-growing results prove. These insights from the 618 Festival will help U.S. merchants prepare for other upcoming ecommerce events, including China’s Singles Day, the biggest sales event in global retail.
Google plans to invest $550 million in Chinese ecommerce marketplace JD.com in an effort to expand its presence in Asia and help JD.com better compete with main rival and regional leader Alibaba. See why this could be a win-win move for Google and JD.com
Ending weeks of back and forth, Walmart confirmed it is making a $16 billion investment in Indian ecommerce marketplace Flipkart, giving it a 77% stake, increasing its presence in the rapidly growing market and edging out a bid from rival Amazon.
Five major U.S. retailers who sell on Alibaba’s Tmall marketplace have reportedly run into headwinds when they refuse to sign exclusive agreements with the Chinese ecommerce giant. See what this dustup means for the parties involved, and how rival JD.com has been making hay over merchant issues with Alibaba.
Alibaba Group Holding Ltd. is investing $2.9 billion in China’s largest “hyper-market” or superstore company, Sun Art Retail Group, in a move there against Walmart and its partnership with Alibaba rival JD.com. This is yet another chapter in the growing “clicks-to-bricks” trend, including Amazon’s Whole Foods acquisition.
Chinese marketplace, JD.com is launching the new luxury shopping platform, TopLife for high-end global brands. See which brands have already joined the platform and what benefits they receive.
While Alibaba has its huge 11.11 shopping festival – aka Singles Day – which dwarfs Black Friday and Cyber Monday, rival JD.com and partner Walmart are weighing in with 8.8 on Aug. 8, hoping its associated luck rubs off.