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Update: Alibaba’s Freshippo Plans to Open Additional Stores as it Preps for IPO

Alibaba has opened 12 new Freshippo supermarkets in eight Chinese cities, including Beijing, Shanghai and Guangzhou. Earlier in…

News June 30

Reports: JD.com to Spin Off Grocery Unit Centered on 7Fresh Supermarket Chain

JD.com reportedly plans to combine its 7Fresh supermarket chain with other online services, creating an independent company selling…

News June 26