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JD.com’s US$1.3b expansion could test Hong Kong’s footfall-driven retail property model

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JD.com’s US$1.3b expansion could test Hong Kong’s footfall-driven retail property model
JD.com’s US$1.3b expansion could test Hong Kong’s footfall-driven retail property model
JD.com’s rapid expansion in Hong Kong could challenge the property model that has long made the city’s busiest streets and shopping centres its most valuable, analysts say. The Chinese e-commerce giant has invested more than HK$10 billion (US$1.3 billion) in Hong Kong property over the past two years, building a networ
Fortune
Fortune🏁 first to report2 days ago
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