Multinationals race into China's US$143.9 billion instant retail market

Foreign companies including Ikea, Continental, and Aldi Nord are partnering with local platforms to launch instant delivery services in China, targeting a US$143.9 billion instant retail market. These offerings provide faster and more comprehensive delivery than abroad, fueled by China's leading digital infrastructure.

More foreign companies have rolled out instant delivery services exclusively for China or upgraded to more comprehensive offerings, as they vie to stand out in the highly digitalised market and cater to consumers’ strong demand for instant services. Multinationals offering instant delivery now include Swedish furniture retailer Ikea, German tyre manufacturer Continental, US warehouse-style retailer Sam’s Club and German discount supermarket chain Aldi Nord.

“China leads the world in internet penetration and boasts a well-developed digital infrastructure,” said Fu Yifu, a special researcher at Su Merchants Bank based in Nanjing, in China’s eastern Jiangsu province. “In China’s highly competitive market, providing instant retail services can help foreign brands to drive sales growth more effectively.” By combining their product strengths with local platforms to enhance the customer experience, foreign brands can “offset their limited local market insight” and better meet demand, Fu said.

Ikea launched instant delivery services on Chinese e-commerce platform JD.com on January 23, covering nine cities including Beijing, Guangzhou and Shenzhen in Guangdong province, Hangzhou in eastern Zhejiang province and Chengdu in southwestern Sichuan province. The service currently covers small, daily-use home goods, with the fastest delivery within one hour for orders placed on JD.com.

This trend highlights Chinese consumers' demand for speed and convenience, prompting foreign brands to accelerate localised innovations.

مقالات ذات صلة

Vibrant CIIE expo scene with Zespri and Canadian firms networking, showcasing revenue growth and China-tailored innovations.
صورة مولدة بواسطة الذكاء الاصطناعي

CIIE drives global firms' expansion in China

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

As the 8th China International Import Expo approaches, companies worldwide highlight its key role in expanding into the Chinese market. From New Zealand's Zespri to Canada's health brands, participants report doubled revenues and innovations tailored to Chinese consumers.

Tariffs may ebb and supply chains may detour, but US shoppers and giants like Walmart and Amazon still rely heavily on Chinese goods. At the National Retail Federation (NRF) showcase, attendees expressed more optimism for the year ahead.

من إعداد الذكاء الاصطناعي

Amid shifting dynamics in China's retail sector, several foreign and Hong Kong brands are closing physical stores on the mainland. High-profile closures include those of Lane Crawford, Ikea, Triumph, Zara Home, and Zara. German lingerie maker Triumph Group International had closed all its bricks-and-mortar stores on the mainland as of December 31.

Retail companies in south africa are increasingly using ai to optimize operations from customer interactions to logistics, driven by loyalty data and machine learning. This trend promises efficiency gains but raises questions about human roles and trust in automated systems. Experts highlight the need for hybrid intelligence combining ai with human oversight.

من إعداد الذكاء الاصطناعي

South Africa's retail sector is entering the 2025 festive season with cautious resilience amid structural shifts. Sales in textiles, furniture, and online channels are rising, but households remain budget-conscious due to inflation and value concerns. This transition highlights a blend of seasonal spikes and long-term changes in consumer behavior.

أعلنت وينغ المملوكة لألفابت عن توسع في خدمة توصيل الطائرات بدون طيار مع والمارت، لتصل إلى 150 موقع إضافي في عدة مدن أمريكية. سيمد هذا التوسع الوصول إلى ما يصل إلى 40 مليون عميل بحلول 2027. يبني الشراكة على الإطلاقات السابقة في مناطق مثل دالاس-فورت وورث وأتلانتا.

من إعداد الذكاء الاصطناعي

Shanghai has introduced new exit-entry service measures to boost the city's global accessibility by improving policies and services, local authorities announced on Thursday. The reforms include a simplified port visa process for certain foreign professionals, a new visa service center, and enhanced cooperation in the Yangtze River Delta.

 

 

 

يستخدم هذا الموقع ملفات تعريف الارتباط

نستخدم ملفات تعريف الارتباط للتحليلات لتحسين موقعنا. اقرأ سياسة الخصوصية الخاصة بنا سياسة الخصوصية لمزيد من المعلومات.
رفض