China’s ecommerce giants are fighting it out over everything from customer data to exclusive contracts with retailers.
Now that rivalry is spilling offline into logistics networks and warehousing, with key operators spending millions of dollars to secure prime warehouse locations to shave precious hours off delivery times.
“The warehousing and logistics sector is really following growth in consumption,” said Stuart Ross, head of industrial at JLL in China. “Chinese consumers have taken online consumption to the greatest level in the world.”
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