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Alibaba’s New Chairman Says He Has to Reinvent Retail Before Someone Else Does
Alibaba’s New Chairman Says He Has to Reinvent Retail Before Someone Else Does
17 Sep 2019, 06:40 PM IST
(Bloomberg Businessweek) -- For months, Daniel Zhang huddled with a small team in an underground garage in Shanghai. The chief executive of Alibaba Group Holding Ltd. was working on a secret plan that would sound crazy even to many of his own colleagues 100 miles away in Hangzhou. Zhang wanted to launch a startup inside the e-commerce giant that would combine a grocery store, a restaurant, and a delivery app, using robotics and facia...
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