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China’s Tech Giants Get Physical with Retail

Asthe growth in the e-commerce market slows down, China's tech leaders are moving intomore traditional forms of retail.

In the world’s largest e-commerce market, China's leading technology companies are now paying renewed attention to the physical, growing their own portfolio of shopsand in doing so creating a new hybrid marketplace.AsAlibaba co-founder Jack Ma recentlyexplained to shareholders, “Pure e-commerce players will soon face tremendous challenges.In the coming years, we anticipate the birth of a reimagined retail industry, driven by the integration of online, offline, logistics and data".


“Online and offline will be a single seamless experience, not just in consumer interaction, but also in the entire business operation, ” addedAlibaba Chief Executive Officer Daniel Zhang.

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