E-commerce & Instant Retail
Major Move: Alibaba's Hema and Retail Link Community Group Buying Businesses Merge—Is There No Endgame for Community Group Buying?
According to the latest information from New Distribution, Hema's community group buying division, Hema Marketplace, will officially merge with Retail Link's community group buying business, with a new leader likely to be appointed from one of Alibaba's 'Eighteen Arhats'. This follows JD.com's major restructuring of its community group buying operations and investments in Xingsheng and China Dili, signaling that the two e-commerce giants are now fully engaging in the community group buying war.
赵波 何年