The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Chinese e-commerce giant JD.com bets big on online grocery, lower-tier markets amid slowing economy

September 8, 2022
Source: vnexplorer.net vnexplorer.net
News Snapshot:
Chinese e-commerce giant JD.com is ramping up its online grocery business and lower-tier market operations, as a slowing economy and draconian Covid-19 restrictions raise the urgency for the country’s largest private business to seek new growth engines. The Beijing-based firm announced on Tuesday that it aimed to bring more shoppers to its JD Supermarket service partly by strengthening partnerships with offline retailers, including Walmart. The US supermarket chain has been collaborating with the Chinese company to attract more online customers during the pandemic, with JD Supermarket contributing to roughly 40 per cent of sales at several Walmart outlets in Beijing,...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: agriculture | Alibaba | Amazon | Beijing | Business | cash | China | Chinese | consumer | Covid-19 | delivery | e-commerce | Economy | Huawei | logistics | online shopping | Pandemic | Pinduoduo | retail | revenue | Sanctions | stock market | supermarket | supply chain | Walmart

Other News:

Apple supplier Luxshare set for Hong Kong’s biggest listing so far this year

June 30, 2026
livemint.com livemint.com

Chinese robots have captivated the world. A rental market is exposing their limits

June 30, 2026
edition.cnn.com edition.cnn.com

Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminium

June 30, 2026
marketscreener.com marketscreener.com

EU-China talks on trade imbalance is best news for their relations in years

June 30, 2026
irishtimes.com irishtimes.com

Energy storage sector tested as China sets 60-day payment cap in anti-involution campaign

June 30, 2026
scmp.com scmp.com

Himax Strengthens 3D Sensing Portfolio with Launch of New

June 30, 2026
globenewswire.com globenewswire.com

India tariff reforms open 'unlimited opportunity': Fairfax Financial CEO

June 30, 2026
lokmattimes.com lokmattimes.com

AirPods maker Luxshare seeks up to $4 billion from Hong Kong listing

June 30, 2026
straitstimes.com straitstimes.com

From "Traveling with Children" to "A Vacation for the Whole Family": The Sanya EDITION Redefines Family Travel Experiences

June 30, 2026
manilatimes.net manilatimes.net
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.