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The company sees slowing growth of its hypermarket sales amid ecommerce shift, whilst demand for its premium goods at Sam’s Club is growing.

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COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...
The Chinese ecommerce giant has created a new role of president to run the day-to-day business, as the founder and chief executive Richard Liu is stepping back. The new president has a proven track record in leadership Xu Lei, currently CEO of JD Retail, will take up the role of president. He has proven his leadership and management skills in spearheading JD Retail's operations. " We bel...
JD.com reported net revenues of CNY253.8 bn (US$39.3 bn) for the quarter ended 30  June, 2021 , an increase of 26.2% year-on-year (YoY). Record new users in Q2 Highlights of 2021Q2 KPIs (key performance indicators) are: Net revenues: CNY253.8 bn (US$39.3 bn), +26.2%YoY Net service revenues: CNY34.1 bn (US$5.3 bn), +49.2%YoY Annual active customer: 531.9m in the twelve months end...

Presentations

10/09/2021
A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.
25/08/2021
A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.
17/08/2021
Alibaba’s Freshippo X store has triggered the emergence of membership-only wholesale sector in China. Find out the store’s unique features in this report and understand why it has caused a global storm.

Key presentations

China country presentation

This guide to China explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

China channel forecasts 2020-22

Two year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in China.

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Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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