New Retail in China: Why Alibaba’s new hypermarket purchase could pose problems for food brands

By Pearly Neo

07-Dec-2020 - Last updated on 07-Dec-2020 at 02:20 GMT

Alibaba’s new purchase of a US$3.6bn controlling stake in China hypermarket major Sun Art Retail Group is likely to create a large shift in supplier-distributor dynamics locally – with one analyst predicting it will be brands which may lose out.

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