Is China’s ‘New Retail’ Finally Coming to the US? - NewtonX Blog
In a 2017 letter to shareholders, Alibaba’s Executive Chairman, Jack Ma, said “‘E-commerce’ is rapidly evolving into ‘New Retail.’ The boundary between offline and online commerce disappears as we focus on fulfilling the personalized needs of each customer.” This concept has already morphed into reality in China, where the dichotomy between offline and online hasRead More