(Bloomberg) JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services, establishing a retailer of fresh food and groceries that serves millions nationwide.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaThe Wagner Muti
JD.Com, Inc (NASDAQ: JD) plans to establish an autonomous division by integrating its 7Fresh supermarket chain with various online services. The Chinese e-commerce firm reportedly focuses on an "Innovative Retail" initiative that brings together the 7Fresh supermarkets, the group-buying platform Pinpin, and on-demand services, Bloomberg cites familiar sources. Starting Monday, Yan Xiaobing, former chief of JD.com's international business will helm the new unit and report directly to group CEO Sa