×
291
Fashion Jobs
DRONE HR SOLUTIONS
Production Manager - Tractor Parts Mfg (Urgently Required)
Permanent · Chandigarh
HENKEL ADHESIVE TECHNOLOGIES
Spec Customer Service Back Office IN
Permanent · NAVI MUMBAI
HENKEL ADHESIVE TECHNOLOGIES
Product Line Manager Packaging Imea
Permanent · NAVI MUMBAI
HENKEL CEO
Sap Fico Consultant
Permanent · BENGALURU
HENKEL CEO
Sap Production & Quality Management – Support Engineer - Gtc
Permanent · BENGALURU
HENKEL DX
Cloud Identity Consultant - Directory Services
Permanent · BENGALURU
HENKEL ADHESIVE TECHNOLOGIES
Supply Chain Analyst Imea
Permanent · NAVI MUMBAI
PUMA
Legal Counsel
Permanent · Bengaluru
HRD HOUSE
Area Sales Manager (1st Line)-Pharma - Cardio - Amritsar hq
Permanent · Amritsar
HRD HOUSE
Area Sales Manager (1st Line)-Pharma - Cardio - Amritsar hq
Permanent · Amritsar
POWER JOB CREATIONS
Area Sales Manager
Permanent · Mumbai
MAICO VENTILATION PVT LTD
Area Sales Manager - Hyderabad
Permanent · Hyderabad
EXTRAMARKS EDUCATION
Area Sales Manager - B2B Sales/School Sales
Permanent · Mangaluru
OASIS
Area Sales Manager For Food Processing Company - Pune
Permanent · Pune
OASIS
Area Sales Manager - Mumbai (Only From Fmgc)
Permanent · Thane
LEVI'S
IT Project Manager
Permanent · Bengaluru
VUCA CONSULTING
Area Sales Manager-Oem
Permanent · Bangarapet
CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Sales Manager | Personal/Hair Care | Chennai (2-5 Years)
Permanent · Chennai
MUTHOOT FINCORP (MFL)
Area Manager-Chirala
Permanent · Chirala
SCHEVARAN LABORATORIES
Area Sales Manager
Permanent · Pune
KONE
Vacancy For Production Manager-Chennai
Permanent · Chennai
KHS LG INNOVATION & ENGINEERING
Sales Manager
Permanent · Navi Mumbai
By
Fibre2Fashion
Published
Jun 1, 2016
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Walmart boosts online business in China

By
Fibre2Fashion
Published
Jun 1, 2016

Walmart, the world’s largest retailer, is stepping up its online efforts in China as a key to the future, but face a tall order to become a major player.


Walmart is stepping up its online efforts in China.


Walmart's Yihaodian e-commerce venture owns 250 hubs and operates in 200 cities, mostly concentrated in eight key cities like Shanghai and Beijing. These hubs offer quick delivery of groceries.

In some places deliveries are made within three hours for 100 to 150 items. Deliveries are made overnight for orders that extend to several hundred thousand grocery items.

Walmart has been trying hard to get a bigger share of the Chinese online market, which now has surpassed the US to become the world’s biggest. Four years after buying a minority stake, Walmart took full control over Yihaodian, founded in 2008.

Despite its ambitions to get a larger share of the business, Walmart's overall online share is tiny in China. It is going to be hard to close the gap with the big Chinese giants like Alibaba and JD.com, analysts say.

While Yihaodian has 250 hubs, Alibaba has 14,000 in rural China alone that act as pick-up stations. And as of late March, JD.com had a total of nearly 6,000 delivery and pickup stations in 2,493 counties and districts across China.

"It will be very difficult for Wal-Mart to catch up in e-commerce," says Jason Yu, general manager of Kantar Worldpanel China, which specialises in research on Chinese shopping habits.

Compared to Walmart, most of the Chinese retailers have been online for years, and they understand the nuances of Chinese shopping behavior. Walmart's online business has also been hobbled because it did not have full control over the Chinese venture.

Walmart has just 1.6 per cent share of China's overall online market, ranking it as number 6, a long way behind number top player Alibaba which has a market share of 46.9 per cent and second-ranked JD.com which has 20.1 per cent market share, according to Euromonitor International, a global research firm.

Copyright © 2023 Fibre2Fashion. All rights reserved.