Weekly Focus: JD.com Expanding Supermarket Chain & Opens Up in Seoul

This week, Chinese e-commerce giant JD.com has unveiled plans to expand its network of fresh food stores, 7Fresh, across China as well as made its foray into the Korean market with a new office set up in Seoul.

JD.com said it inked agreements with 16 real estate companies to facilitate the expansion of its supermarket chain, which was launched earlier this year, into Shanghai, Guangzhou, Shenzhen, and Chengdu. The partners included China Poly Group, Vanke, and Yuexiu Property.

Fresh produce accounts […]

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Via ExchangeWire

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