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Report: Sam's Club to Enter HK Online Shopping Mkt in 2 Mths, with Free Delivery
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South China Morning Post reported that Sam's Club, which has already entered the mainland market, is planning to launch an online shopping service in Hong Kong within two months. Hong Kong customers can enjoy free delivery service after becoming a member and making purchases of up to RMB599 (about HK$660) on the website. The membership cannot be shared with others. Simon Lee. Honorary Institute Fellow at The Asia-Pacific Institute of Business of CUHK Business School, was quoted as saying that the entry of Sam's Club into the Hong Kong market will have an impact on local supermarkets and online shopping platforms such as HKTVmall. He even worried that it would trigger a crisis in Hong Kong's retail industry. AAStocks Financial News |
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