国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

China's online/offline synergy - a marriage of convenience

(Xinhua) Updated: 2015-08-12 09:26

BEIJING - The eating habits of urban Chinese have changed dramatically since the proliferation of takeaway food delivery apps has brought restaurant-quality meals to almost everyone's front door.

Engineer Zhao Baijun, 29, now eats in more often than he eats out. "Before these apps, most restaurants did not offer deliveries. I had very few choices, mostly fast food chains," he says.

Besides the matter of convenience for busy people like Zhang, online to offline (O2O) means extra sales for traditional food suppliers and beyond.

A match made in cyberspace

Connecting online to offline is the new Holy Grail for the biggest players in China's Internet shopping explosion, whether they be domestic or overseas operators.

On Monday, China's largest e-commerce company Alibaba and electronics retailer Suning agreed a multi-billion dollar deal on platforms, logistics and payments. Alibaba will pay about 28 billion yuan ($4.5 billion) for 19.99 percent of Suning, becoming its second-largest shareholder, while Suning will buy no less than 28 million new shares in Alibaba for 14 billion yuan.

Suning owns more than 1,600 stores and 3,000 aftersales service centers which will now be "seamlessly connected" with Alibaba's online network. A Suning online sales center on Tmall.com, part of Alibaba's retail operation, completes the new setup. The arrangement was described as a "wedding" by Alibaba chairman Ma Yun on Monday.

"If we do not integrate with offline, we will not have a future," he said. The deal is set to reshuffle China's e-commerce deck and help Alibaba in its battle against archrival JD.com.

Evolve or perish

There is nothing anomalous about this deal; e-commerce companies are queueing up to find bricks-and-mortar stores to align themselves with.

In its quest for existing networks of physical stores, JD.com on Friday announced that it had taken a 10 percent stake in domestic supermarket chain Yonghui Superstores for 4.31 billion yuan. Early last year, Alibaba became the main shareholder of Hong Kong-listed department store operator Intime. In July, after the cap on the number of shares that foreign firms can hold in Chinese e-commerce platforms was lifted, Walmart took a 100-percent stake in Yhd.com.

The local advantages of Yhd.com combined with Walmart's global procurement resources, retail stores and supply chain will be a huge fillip to Walmart's campaign to win the hearts and minds of China's consumers.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
泸西县| 安塞县| 普陀区| SHOW| 凤冈县| 昌乐县| 甘肃省| 永定县| 仁怀市| 大安市| 湘潭市| 大兴区| 丹阳市| 云安县| 酉阳| 大田县| 黄平县| 无极县| 靖江市| 兴山县| 广汉市| 石林| 盘山县| 孟州市| 思南县| 曲水县| 叶城县| 平谷区| 新绛县| 晋城| 勃利县| 平和县| 福州市| 于都县| 南召县| 夏邑县| 南乐县| 宁化县| 江山市| 当涂县| 呼玛县|