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Alibaba Group Holding Limited (NYSE: BABA) supermarket chain Freshippo-owned grocery brand Hema Xiansheng broke even last year in China as Covid lockdowns boosted online sales of fresh produce ...
The chain, called Hema, will double its locations in China to nearly 60 this year. Shoppers use their phones to pay for food at Hema, much like at Amazon 's new cashierless stores, Amazon Go .
The Hema app and store visits are the primary connecting point for customers For a mature store, on average more than 60% of sales are online sales vs. in store.
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