12 December 2017
Alibaba plans to open 2,000 branches of its Hema Fresh supermarket in China over the next three to five years.
From 22 to 2,000
By the end of 2017, Hema would be operating 22 stores in Beijing, Guiyang, Hangzhou, Shanghai and Shenzhen. In December, it opened its second store in Ningbo and will open another outlet in Suzhou by the end of the year.
The aggressive expansion plan shows Alibaba'...