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Chinese New Retail giants go global

Alibaba, JD and Tencent are well-known Chinese tech giants. They’re also New Retail giants. New Retail uses technology to merge online, offline, logistics, big data, cloud computing, entertainment, news and social media into a seamless shopping experience. Jack Ma introduced the term in 2016 along with New Technology, New Manufacturing, New Finance and New Energy. It includes initiatives like omnichannel retail, experiential retail, integrated social media, click-and-collect, same-day or one-h