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Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. Store Woes. shopping mall. billion ($1.17

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

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libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in Germany-based Metro AG’s wholesale operations in China. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. That was demonstrated again this week (Feb.

Metro 100
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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. According to the South China Morning Post , Costco opened its first brick-and-mortar store in China this week in the Shanghai area, “five years after making its first online foray into China.” Alibaba is hoping to win over U.S.

Marketing 101
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”.

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Online B2B Marketplaces See New Funding Rounds 

PYMNTS

The company has expanded from Australia to southeast Asia and clients include Lego, Metro, Pandora and others. Murli Ravi, co-founder of Tin Men Capital has said that “We see synergies between RateIt and other Tin Men portfolio companies, as well as immediate potential with our firm’s go-to-market partners across Southeast Asia.”.

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Amazon Plans Massive Suburban Expansion To Speed Up Delivery

PYMNTS

The world’s largest retailer plans to open 1,000 mini delivery hubs in suburbs and cities across the country, Bloomberg reports , citing sources familiar with the company’s plans. But Amazon’s search for an edge in the COVID-era retail wars extends beyond terrestrial warehouses and to the skies.

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