Sairui E-commerce: Alibaba's New Retail Concept Adopted

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This video basically explains the New Retail Concept proposed by Jack Ma.
SAIRUI is an Online Shopping Mall which features a New Model Called New Retail plus the normal E-Commerce like Jumia, Alibaba, etc. But, this multi-billion dollar Chinese company is, in actual fact, giving 80% profit to partners via the same New Retail model which is never present and has never been seen in the rest of the Online shopping malls in the world.

This business model was born out of the statement of Jack Ma the owner of Alibaba (the wealthiest man in China), in the year 2016, said that in the next 10 to 20 years, we will see more new retail than the traditional E-Commerce which offers nothing to the customers. This concept states that customers should not be profit providers only, but also earners of profits when they buy things.