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Alibaba Advances “New Retail” With $1.38 Billion Logistics Investment

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Alibaba has seen how important logistics are to JD.com’s growth and market cap—and now it wants a piece of the action, too. Logistics and the supply chain have emerged from the shadows to become the hottest new battleground in the war for customer satisfaction. In the U.S., Amazon primed customers to expect free two-day shipping…

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