Alibaba’s Hema to Shutter All Membership Stores—What It Means for Wine Sales? 5 min read China Market analysis Wine China Market analysis Wine Alibaba’s Hema to Shutter All Membership Stores—What It Means for Wine Sales? Morris Cai 2025-08-07 Hema X Membership concept was created to rival international giants like Costco and Sam’s Club,However, in the wine category, Hema X struggled to deliver on its premium positioning. Read More
