×
47
Fashion Jobs
SHISEIDO
D&G Fragrance Consultant - Boots Liffey Valley (22.5 Hours)
Permanent · Dublin
SHISEIDO
Drunk Elephant Account Manager - Arnotts Dublin (37.5 Hours)
Permanent · Dublin
RITUALS
Sales Advisor - Brown Thomas Cork (7.5 Hours)
Permanent · Cork
LEVI'S
Sales Stylist Flexible
Permanent · Kildare
CLAUDIE PIERLOT UK
Stockist - 24h - Permanent - Kildare Village m/f
Permanent · KILDARE
BA&SH
Sales Assistant - Full Time - Dundrum Dublin
Permanent · DUBLIN
TK MAXX
Permanent Associate-Dublin Ilac
Permanent · Dublin
SHISEIDO
Nars Makeup Artist - bt2 Blanchardstown (30 Hours)
Permanent · Dublin
SHISEIDO
Nars Makeup Artist - Brown Thomas Galway (3 Month Ftc, 30 Hours)
Fixed-term · Galway
RITUALS
Sales Advisor - Brown Thomas Cork (30 Hours, Fixed Term Contract)
Fixed-term · Cork
CLAUDIE PIERLOT IRLANDE
Sales Assistant - 37,5h - Permanent - Kildare Village m/f
Permanent · KILDARE
TAPESTRY
Muse iv (Sales Associate) - ks ir Kildare (7.5-14 Hours)
Permanent · Kildare
TAPESTRY
Permanent Sales Associate 30 Hrs Per Week
Permanent · Kildare
TAPESTRY
Muse Iii (Sales Associate) - ks ir Kildare (15-22 Hours)
Permanent · Kildare
SHISEIDO
Drunk Elephant Beauty Advisor - Arnotts Dublin (7.5 Hours)
Permanent · Dublin
SHISEIDO
Drunk Elephant Beauty Advisor - Arnotts Dublin (7.5 Hours)
Permanent · Dublin
LEVI'S
Store Manager - Liffey Valley
Permanent · Dublin
RITUALS
Sales Advisor - Arnotts Dublin (37.5 Hours)
Permanent · Dublin 1
RITUALS
Assistant Counter Manager - Arnotts Dublin (37.5 Hours)
Permanent · Dublin 1
RITUALS
Sales Advisor - Arnotts Dublin (30 Hours)
Permanent · Dublin 1
RITUALS
Sales Advisor - Pavilions Swords Shopping Centre (8 Hours)
Permanent · Swords
LEVI'S
Assistant Store Manager
Permanent · Dublin
By
Reuters API
Published
May 30, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

China's Wanda Group, Tencent team up for 'smart retail'

By
Reuters API
Published
May 30, 2018

Chinese real estate conglomerate Dalian Wanda Group will form a joint venture with technology giant Tencent Holdings and Groupon Inc's former local unit to integrate online and offline businesses, as the companies move towards "smart retail".



Wanda Group's Wanda Commercial Management Group and Tencent will take 51 percent and 42.48 percent, respectively, in the new company, Wanda said in a statement on Wednesday.

Gaopeng, U.S. daily deals company Groupon Inc's former affiliate in China and now backed by Tencent, will hold the remaining stake, Wanda said.

Wanda's existing internet business will be merged into the new company, while Tencent will provide online traffic, Wanda said. Gaopeng's electronics invoicing business will also be integrated into the venture.

The partnership will aim to transform Wanda's offline presence into smart shopping malls, and drive online traffic through Tencent's platforms including WeChat, Wanda said. The deal will also speed implementation of Tencent's smart retail strategy, it said.

Tencent and Alibaba Group Holding Ltd are already on an aggressive drive to boost their reach online and in brick-and-mortar stores, dividing the country's retail market into two camps.

The two tech behemoths, worth a combined $1 trillion (754 billion pounds), have spent more than $10 billion on retail-focused deals since the start of last year.

In January, a group led by Tencent made a 34 billion yuan (4 billion pounds) investment in Wanda's commercial property arm, easing Wanda's financial stress.



 

© Thomson Reuters 2022 All rights reserved.