date:Aug 20, 2013
China's biggest hypermarket chain Sun Art Retail Group Ltd is taking on Wal-Mart Stores Inc in the booming domestic e-commerce sector as it seeks new ways to maintain its market share in the face of fierce competition.
With promises of farm-fresh produce to a nation obsessed with food safety, online retailers in China have turned grocery shopping into a business with sales valued at 11.5 billion yuan ($1.88 billion) this year. A rapidly expanding middle class has also propelled the trend.
Sun