Alibaba Archives - Inside Retail Asia
Thai restaurant concept The Lobster Lab has opened its first outlet in Shanghai.
El Corte Ingles and Alibaba have forged a deal to sell the department store giant’s goods worldwide.
China’s slowing economy was the primary reason for the slowing growth of sales on Alibaba’s Singles Day on Sunday.
The Chinese grocery market by grow by 32.6 per cent by 2022, preserving its status as the largest grocery market in Asia.
E-commerce giant sees $42 billion in transactions over 24 hour period.
Fast-growing Chinese coffee chain Luckin Coffee is seeking a new round of funding which would value it at US$1.5–2 billion.
Chinese online retailer JD was outmaneuvered by archrival Alibaba this week over its commitment to importing goods for China’s growing middle class.
An automated Alibaba hotel is set to open in Hangzhou.
Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China.
Alibaba has committed to help import US$200 billion worth of goods from more than 120 countries over the next five years.
Alibaba’s second-quarter revenue grew 54 per cent year on year, reaching RMB 85.1 billion ($US12.3 billion).
Next Retail is shaping up as the successor to China’s burgeoning New Retail industry, says Mintel.