Alibaba Debuts First Brick-And-Mortar Store In Shanghai To Raise Stakes In Offline Retail Space

Alibaba Group, in partnership with Chinese state-owned retailer Bailian Group, kicked off their first brick-and-mortar convenience store in Shanghai on Monday as the latest effort made by the e-commerce giant to further raise its stake in the offline retail space in China. The offline convenience store, branded as "Yike Bianli," was the first among a […]

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