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JD.com hopes to lead the omni-channel retail game

Nov 1, 2018 by The Passage Team
JD.com hopes to lead the omni-channel retail game

At a conference in Beijing on October 31, JD.com reaffirmed its partnerships with social network giant Tencent, traditional retail giant Walmart, and to-home grocery delivery company Dada-JD Daojia to build omni-channel retail, also known as “new retail.”

Li Kefeng, vice president at JD.com, said Walmart and JD.com are already sharing some inventory data and logistics system, aiming at further integration of online and offline commercial retail practices and related user experience.

JD Daojia already cooperates with 250 Walmart stores in China, including 10 with smart warehouses. The 11.11 festival is shifting from an e-commerce one mainly taking place online to an omni-channel one which lays increasing emphasis offline, said Walmart China e-Commerce’s vice president Berke.

Source: Technode

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