Walmart targets leadership of the online shopping market in China

It’s been a diffcult time in China for global retail giant Walmart recently, However, as the BBC’s Sharanjit Leyl reports in this short video, Walmart hopes to capitalise on the growing number of Chinese who do their shopping online, as the ‘bricks and mortar’ competition between foreign supermarket operators in Chinese cities becomes more intense.

Estimates suggests there are already over 100 million Chinese customers online and this is expected to grow rapidly. So Walmart has increased its stake in Yihaodian - a leading online grocer - which the FT reports has carved out an interesting position by offering a one-stop-shop service for new market entrants from the West who are finding it increasingly expensive to distribute to retail outlets in China.

Yihaodian helps thesefirms register their brands, deals with import formalities, transport, logistics and advertising. Yihaodian has already seen a steep increase over the past six months in requests from foreign companies that want to bring new products into the Chinese market. According to the FT, the online retailer saw the number of products available in its store jump to 180,000 in the fourth quarter of 2011 from just 50,000 a year earlier.

Job board

Examiner - GCSE/ GCE - History

Pearson Edexcel, Nationwide (Home working)

Join the tutor2u community

With a tutor2u account you can access extra features to support your teaching & learning.

Subscribe to the daily digest

Curate your own content

Track your training schedule

Manage your resource library

Receive job alerts

Join the community

Already joined? Sign in now ›

More From the Digital Store

An exam-style and exam-standard unit assessment covering Units 3.1-3.2 of the AQA A Level Business specification, with full mark scheme.

£15.00 (+VAT)

AQA Business Unit Assessment (Units 3.1-3.2)

Topic-by-topic detailed study notes for Theme 1 and Theme 2 of the Edexcel A Level Business specification.

£100.00 (+VAT)

Edexcel A Level Business Year 1 (AS) Course Companion

A comprehensive test bank of exam-style MCQs for AQA Year 1 (AS) Business to support topic revision and exam practice.

£50.00 (+VAT)

AQA A Level Business Year 1 (AS) MCQ Test Bank (Vol1)

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u