Apr 13, 2018 06:53 PM
BUSINESS & TECH Aims to Open 1,000 Shops a Day

Chinese e-commerce firm Inc. has unveiled a hugely ambitious plan to aggressively expand its offline presence by launching 1,000 branded convenience stores a day.

The retail titan has recently been opening 1,000 franchised outlets every week, founder and CEO Richard Liu Qiangdong told a technology conference in the southwestern city of Chongqing on Thursday.

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