UK-based retailer Tesco will roll out an Internet grocery shopping service in China next year, according to press reports.
In an interview with Yacai Daily, Paul Richie, CEO of Tesco China, said that the company intends to launch the eCommerce platform in H1 2013. Tesco will offer food and general merchandise to Internet shoppers in China.
As the retailer will develop its own logistics and delivery service, home deliveries will be available in the Shanghai area initially before being rolled out nationwide.
Tesco is also expanding its store network in China – 18 new store will open by the end of the current fiscal year (February 2013). The retailer currently operates 108 outlets, one megastore, seven Lifespace malls and 14 convenience stores in China.
© 2012 Profitero
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