Categories
Consumer

Alibaba teams up with ShopRunner

Alibaba Group has clinched a deal with US e-commerce company ShopRunner, promising to help the rival of US market leader Amazon (AMZN.NASDAQ) tap the Chinese market, Reuters reported. ShopRunner, whose partners include Neiman Marcus and Nine West, will use Alibaba’s domestic logistics infrastructure to launch in China later this year, ShopRunner Chief Strategy Officer Fiona Dias told Reuters on Wednesday. The move would offer a new way for US retailers to tap the world’s second largest economy, where many have stumbled in the past. It also allows Alibaba to cater to booming Chinese demand for authentic American products.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading