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Articles by 楚不留香
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Left or Right? Do Traditional Retail Enterprises Have No Chance If They Don't Take Sides?
Taking sides also takes time, as competition between the two camps will slow down at some point. Because acquired or invested companies need time for 'transformation', and acquisitions cannot continue indefinitely. For Alibaba and Tencent, integrating companies into their systems takes even more time. Switzerland took 300 years to become a permanently neutral country. During the most critical period of World War II, Switzerland made compromises with Germany to maintain its neutral status. For the current retail industry, maintaining 'neutrality' is equally difficult, especially for leading companies in various sub-sectors.
楚不留香Walmart China's E-commerce Struggles: From Dismissal to Heavy Investment to Compromise—What's the Point?!
Building its own e-commerce business has clearly not worked out for Walmart. Walmart and JD.com are now trying to open physical stores together, with four co-branded stores currently in operation: three Walmart JD Home stores and one Walmart JD Exclusive Store. The question remains: what kind of fruit can such a shallow level of cooperation bear? The day after Walmart announced a projected 40% growth in U.S. online sales for the next fiscal year ending January 2019, Chen Wenyuan, who had been president of Walmart's hypermarket business in China for just over six months, disclosed in a media interview the innovations and adjustments in Walmart's China hypermarket business, with deep integration with JD.com to bridge online and offline as a top priority, along with efforts in new formats like compact stores.
楚不留香