Company claims its third acquisition in 12 months completes its omnichannel consumer platform.
Social commerce is inevitable. Brands should be working on who their consumers are, how to engage with them and where to invest.
Supermarket giant also discussed selling of a stake in Carrefour China to Tencent, and fresh-food retailer Yonghui (which is partly owned by Tencent).
The internet giant will bring its "new retail" vision to the RT-Mart and Auchan brands.
The company's new Home Times shop in Hangzhou displays more than 20,000 home-decor products.
CASE STUDY: A campaign for Yomost yogurt drink through Jet8's rewards-for-posting platform drove trial and sales in Vietnam.
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