STORY-TRÅD·industri

ALIBABA’S HEMA SUPERMARKET RETREAT: CHINA’S HIGH-TECH GROCERY DREAM FACES A MAJOR RESEt

Alibaba is pulling back further from physical supermarket retail as its Hema operation faces another wave of closures, highlighting the brutal reality of China’s grocery market. A report published on 12 August 2026 says Alibaba intends to close its remaining Hema X supermarket operation, with the final Shanghai store scheduled...