China. A major deal between malls and online giants

Publication

26 February 2018 à 14h58

Updated on 17 June 2019 à 11h51

Reading time

2 minutes

Publication: 26 February 2018 à 14h58, Updated on 17 June 2019 à 11h51

Reading time: 2 minutes

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Publication

26 February 2018 à 14h58

Updated on 17 June 2019 à 11h51

Reading time

2 minutes

Publication: 26 February 2018 à 14h58, Updated on 17 June 2019 à 11h51

Reading time: 2 minutes

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The largest omnichannel deal so far has just taken place in China in January 2018. From a European scale perspective, it is as if Amazon and Facebook both invested in Unibail-Rodamco / Westfield. In mid-January 2018, a consortium of Chinese high-tech investors including JD.com (China’s 2nd largest e-retailer with retail sales of US$36 billion in 2016), and Tencent (owner of the social network WeChat and payment app WeChatPay), invested US$5.4 billion to take a minority stake of 14% in...

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