Taobao to open 40,000 sq ft furniture experience shop in TST in 2025

[Editor]

Industry insiders suggest that Taobao has agreed to a monthly rent of around HK$500,000 for the new space, translating to a rate of approximately HK$12.50 per square foot. This rental price is comparable to rates in East Kowloon, leading some real estate agents to speculate that the terms may be beneficial for Taobao, potentially allowing for revenue-sharing arrangements with the property owner.


https://www.dimsumdaily.hk/taobao-to...tsim-sha-tsui/

[nivek2046]

that's big!!

https://www.hk01.com/%E5%9C%B0%E7%94...96%8B%E5%B9%95

[hullexile]

Is PnS now a grocery experience store? What turns a furniture store into an experience store?

[aw451]

Is PnS now a grocery experience store? What turns a furniture store into an experience store?

It'll probably be an O2O (online to offline) store. You look around the shop then place and order and get it delivered, more or less how every furniture stop works.

[rani]

It'll probably be an O2O (online to offline) store. You look around the shop then place and order and get it delivered, more or less how every furniture stop works.

ummm...sounds like IKEA

[shri]

Is PnS now a grocery experience store? What turns a furniture store into an experience store?

Easier to sit on the sofa for 2 hours to cool down and experience the furniture. A bit difficult to do that that in the frozen food aisle of the grocery store... without attracting unwanted attention from security.

[paddylast]

Does taobao have anything similar in the mainland? Maybe this is another initiative to attract tourists.

[Skyhook]

Is PnS now a grocery experience store? What turns a furniture store into an experience store?

Your "experience" store is today's " State Of The Art" buzz wordy marketing bs.
Which loosely means that you're going to pay more, somewhere along the line.

[Ellenna]

Ha! Right smack in CHKC where my office is! Let's see what will happen...

[Shiojiri Hiro]

IMO - it's great if it will drive footfall to Harbour City.