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'Taobao Convenience Store' to Be Launched Soon w/ 24-Hr Operation: Wire
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BABA-W (09988.HK)(BABA.US)'s Taobao Instant Commerce will soon launch a chain convenience brand, Taobao Convenience Store (literal translation of "淘寶便利店"), according to LatePost. The 24-hour store will sell products including snacks, 3C digital products, maternal and baby products and cosmetics products. With approx. 10,000 SKUs, its product range is roughly three times that of a typical convenience store and equivalent to half that of Walmart. AASTOCKS Financial News Website: www.aastocks.com |
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