Jun 27, 2023
China's JD.com brings back veteran to lead new grocery business as rival Alibaba plans spinoffs
JD.com set up an “Innovative Retail” division that houses its grocery business 7Fresh. It comes as the company has undergone a management reshuffle. Bloomberg | Bloomberg | Getty Images Chinese e-commerce giant JD.com on Monday said it set up a new business focused on groceries and brought a company veteran back to lead the unit. The “Innovative Retail” unit will house JD’s grocery store…
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