中国零售及电商周讯（2025年7月11日-7月24日）

Helen ChinHead William KongManager Brigitte Ng HKUST LI & FUNGSUPPLY CHAIN INSTITUTELSK Business BldgThe Hong Kong University ofScience & TechnologyClear Water Bay KowloonHong KongE:ustlfsci@ust.hk I. Sector Review.........................................................................................................2 Meituan Instashopping: Transaction volume of mobile phone brand stores increases300% after national subsidy implementation............................................................2Alibaba unveils cross-border e-commerce startup centre in Jinan............................2JD.com launches new ‘Fresh Food DiscountStore’.................................................2Taobao Flash Sale’s nighttime orders double in 127 cities in July............................3JD.com opens first self-operated food takeaway store 7Fresh Kitchen.....................3Meituan Pinhaofan launches ‘10,000 Brands’ initiative with over 5,000 well-known Supermarkets & Hypermarkets...............................................................................5 Yonghui Superstores’ sixth round of renovations will include 34 stores and willreopen by end-September......................................................................................5ALDI opens stores in Suzhou’s Lübao Plaza and Shimao Plaza..............................5 Apparel....................................................................................................................5Baozun acquires Sweaty Betty’s China business.....................................................5Luxury.....................................................................................................................6LV’s first standalonebeauty store in China opens in Nanjing...................................6Home Appliances & Consumer Electronics............................................................6Suning.com opens and upgrades over 100 stores in 1H25......................................6Food & Beverage.....................................................................................................7Domino’s Chinashows strong expansion and performance in 1H25........................7II. Market Overview....................................................................................................7NBS: Total retail sales of consumer goods up by 4.8% yoy in June 2025.................7References (in Chinese)............................................................................................8 I.Sector Review Internet &E-commerce Meituan Instashopping: Transaction volume of mobile phone brand stores On 18 July, officials from the Ministry of Commerce stated that the consumergoods trade-in programme hashelped people upgrade to a smarter andgreener lifestyle. Since September last year, retail sales of home appliances byretailers above designated size have maintained double-digit growth for severalconsecutive months; as of the first half of the year, the trade-in programme has Alibaba unveils cross-border e-commerce startup centre in Jinan Alibaba recently launched its Alibaba (Jinan) Cross-border E-commerce StartupIncubation Centre in Jinan’s central business district. The centre has an area of20,000 sqm,equipped with 2,000 sqm of modern supporting facilities, includingmeeting rooms, exhibition halls, shared offices, and operational service centres. JD.com launches new ‘Fresh Food Discount Store’ JD.com (京东) is making another push into the discount retail sector–it mighthave already launched a new business called ‘JD FreshFood Discount Store’as early as February this year. However, this business has not yet beenpromoted on a large scale, with most products on the platform in out-of-stock Taobao Flash Sale’s nighttime orders double in 127 cities in July On 21 July, Taobao Flash Sale (淘宝闪购) released summer consumption datashowing significant increases in consumption activity across major cities andpopular tourist destinations nationwide. In July this year, nearly 160,000 non-restaurant small and medium businesses reached new highs in sales. Thecatering industry showed marked growth in recruitment and employment JD.com opens first self-operated food takeaway store 7Fresh Kitchen On 20 July, JD Food Delivery (京东外卖) launched a self-operated store called‘7Fresh Kitchen’ (七鲜小厨) in Beijing. This is JD.com’sfirst self-operated fooddelivery store. Prices range from 10 to 30 yuan. Users can place orders online,and the store operates under a ‘delivery + pickup’ model but does not offer Meituan Pinhaofan launches ‘10,000 Brands’ initiative with over 5,000 On 22 July, Meituan’s (美团) group meal buying platform Pinhaofan (拼好饭)announced the official launch of its ‘10,000 Brands’ initiative, which will providetraffic prioritization, joint customization services, and brand supportresources to10,000 well-known restaurant brands nationwide. Currently, over 5,000restaurant brands have joined Pinhaofan, and various resource investments Tmall Sup