55 c price target, page-27

Woolworths have stated they will have about eighty products for sale.

They have stated that they are using

"Tmall Global, an offshoot of Tmall, enables foreign companies and brands to sell online without having to register a physical business in China."

"While Tmall Global is much smaller than Tmall, accounting for about 10 to 15 per cent of the customer traffic, it attracts wealthier Chinese consumers looking to buy genuine international brands and products."

A Woolworths spokesman said the retailer had found that a number of Woolworths products were already being sold through other retailers on Tmall.

"As a consequence, Woolworths has established a store on the site to sell a small, selected range directly to Chinese consumers," the spokesman said.
Source
http://www.smh.com.au/business/wool...setting-up-shop-on-tmall-20151221-glszsf.html

imo Where this all leads to is yet to be determined, along with the time span.

Md