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At the same time, many first movers in the market have rolled out various initiatives to integrate their online and offline businesses with an aim to provide customers with a better shopping experience. It also launched an app and WeChat Mini Program to connect with consumers online and offline.

In September 2018, the retailer set up a cloud platform to digitalize warehousing, logistics, merchandising, etc. Wuhan-based Today Convenience Store is a case in point. They have also started digitalizing their supply chains. Some convenience store operators have introduced proprietary apps and WeChat Mini Programs.

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In recent years, many convenience store operators have made relentless efforts to transform and upgrade their businesses, often through digitalization. Digitalization plays a key role in connecting convenience stores and consumers Please visit for more information about the Blue Book. It is an essential resource for businesses, analysts, scholars and governments to gain further insight into this fast-evolving sector. Also included is detailed analysis of ChinaвЂ™s consumer market and of the changing preferences and behavior of Chinese consumers. Sectors covered include retail and e-commerce, internet finance, logistics and catering. Published in October 2019, the Blue Book tracks developments in ChinaвЂ™s commercial sector to provide a comprehensive and authoritative account of latest trends and issues.

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This article is an update of an article published earlier in the Blue Book of ChinaвЂ™s Commercial Sector (2019- 2020) (вЂњBlue BookвЂќ). This article summarizes four key trends in ChinaвЂ™s convenience store sector. It has undergone rapid transformation and reinvention amid the rapidly evolving retail environment. In China, the convenience store sector is considered to be the pioneer of retail transformation and reinvention, as well as an active participant in online-to-offline (O2O) integration. As a small-scale retailer, convenience store has the advantage of being more accessible to customers, while offering quicker services and better experiences. Accuracy is not guaranteed.Small format shops, especially convenience and community stores, have gained popularity in recent years in response to consumer demand for more readily accessed, more personalized shopping experiences. This information is believed to be from reliable sources but may include rumor and speculation. (Market Chatter news is derived from conversations with market professionals globally. JD.com's shares rose over 1% in Hong Kong recently. The reported layoff comes amid reports of a sector-wide job shedding involving big tech companies including Alibaba Group ( 9988), Tencent Holdings (HKG:0700) and Baidu ( 9888).ДЄbout a week ago, tech news outlet 36Kr reported that Tencent will lay off over 20% of its cloud business' workforce, with a middle-level executive telling the newswire that all business lines are being laid off. Jingxi will reportedly abolish some of its businesses and will transfer some personnel to other departments. JD.com's ( 9618) community group-buying platform Jingxi is letting go of 10% to 15% of its workforce as it restructures its operations to focus more on building its supply chain capacity, Sina Technology reported Monday, citing insiders close to the company.