Alibaba’s plans show data will transform grocery shopping

The acquisition of $2.88b stake in Sun Art is a leap forward in Alibaba’s bid to integrate online and offline for products with a short shelf life. The ripple effect may be felt worldwide.
November 20, 2017

Alibaba Group’s purchase of a 36% stake in one of China’s biggest hypermarket operators for $2.88 billion highlights the value of data and scale in food shopping.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media