JD.com’s US$1.3b expansion could test Hong Kong’s footfall-driven retail property model
JD.com’s rapid expansion in Hong Kong could challenge the property model that has long made the city’s busiest streets and shopping centres its most valuable, analysts say. The Chinese e-commerce giant has invested more than HK$10 billion (US$1.3 billion) in Hong Kong property over the past two years, building a network of stores, warehouses and other assets that analysts said could reduce the importance of footfall for some retailers while increasing the value of logistics hubs and other...
Where: Hong Kong
Exact coordinates
hong kong: 22.400, 114.110
Read it at South China Morning Post See this on the map
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