Costco, Expanding China Footprint, Launches New Tmall Store
(World News Science)

Costco Wholesale launched a flagship store on B2C shopping site Tmall on Wednesday, as it looks to expand the number and categories of products it can sell to Chinese consumers. The launch comes three years after the warehouse store first began selling into China, using dedicated cross-border e-commerce channel Tmall Global. But while Tmall Global sells only those goods approved for preferential trade treatment by the Chinese government, Tmall...