Retail industry

China’s JD.com brings back veteran to lead new grocery business

JD.com set up an “Innovative Retail” division that houses its grocery business 7Fresh. It comes as the company has undergone…

Who is Alibaba’s new CEO Eddie Wu and chairman Joe Tsai?

Alibaba announced a major leadership reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning to step down this year…

Alibaba to launch local version of China e-commerce site Tmall in Europe

Michael Evans, President of Alibaba Group, said that the firm will bring its Tmall e-commerce site to Europe. Chesnot |…