As reported by Caixin.
E-commerce titan Alibaba aims to venture further offline by bringing 1 million mom-and-pop stores into its data-backed retail system by March, the company announced.
Major e-commerce companies have been taking a greater interest in traditional retailers since they started making a cautious comeback earlier this year as online retailing has suffered setbacks like counterfeit-goods scandals. Hoping to ride the tide, Alibaba Group Holdings Ltd. is strengthening its offline operations … Read full article
