Alibaba opening more fresh food stores
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Alibaba Group Holding Ltd announced on Wednesday the opening of another 30 Hema Xiansheng fresh food supermarkets throughout Beijing this year, as internet giants focus increasingly on the lucrative fresh-food retail sector.
The announcement came right before JD’s first fresh food supermarket 7Fresh started its official operation on Thursday, an indication of the increasingly intense competition and rapid expansion of the two e-commerce giants.
With Hema opening in major commercial districts across Beijing including Xizhimen, Guang’anmen and Shuangjing, consumers in major urban areas of Beijing can have their groceries delivered to a location within a radius of three kilometers from the store in 30 minutes.
Questions & Answers
Q.How many new Hema Xiansheng stores will Alibaba open in Beijing this year?
How many new Hema Xiansheng stores will Alibaba open in Beijing this year?
Alibaba Group Holding Ltd announced plans to open another 30 Hema Xiansheng fresh food supermarkets across Beijing this year. This expansion aims to increase their presence in the city's fresh food retail sector.
Q.What service does Hema offer to customers in Beijing?
What service does Hema offer to customers in Beijing?
Hema stores offer a delivery service to consumers within major urban areas of Beijing. Groceries can be delivered to a location within a three-kilometre radius of the store within 30 minutes of purchase.
Q.Which of Alibaba's competitors is also expanding in the fresh food market?
Which of Alibaba's competitors is also expanding in the fresh food market?
JD is also expanding in the fresh food market, with its first fresh food supermarket, 7Fresh, beginning official operations shortly after Alibaba's announcement. This indicates growing competition between the e-commerce giants.
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