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On-demand retail gaining ground

The fast-growing on-demand retail sector is expected to become an important component of the online-to-offline, or O2O, business landscape in which online marketing and online purchases drive offline operations and consumption, and play a bigger role in empowering offline retailers' digital transformation, industry experts said.
Zhu Xiaojing Katy Chen Mo Daiqing Alibaba Group Holding Ltd Internet Economy Institute China Chain Store Franchise Association

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Online shopping bolsters recovery

The enthusiasm of Chinese consumers was again visible during the June 18 shopping carnival, and this has played a critical role in promoting the recovery of consumption and shoring up the economy despite pressure from a resurgence in domestic COVID-19 cases and an uncertain external environment, industry experts said.
Wang Yun Xinjiang Uygur Liu Hui Sharry Wu Academy Of Macroeconomic Research Alibaba Group

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