A duty free shop at Beijing Capital International Airport. Photo: Shutterstock
Alibaba joins forces with Switzerland’s Dufry to shake up China’s huge, fast-growing duty-free airport shopping market
- The e-commerce giant and the Swiss duty-free retail juggernaut will set up a joint venture in China as Covid-19 boosts domestic travel spending
- The move could give rise to a serious contender to challenge China Duty Free Group’s monopoly over the market, analysts say
A duty free shop at Beijing Capital International Airport. Photo: Shutterstock