Alibaba Archives - Inside Retail Asia
Alibaba Group boosted second-quarter revenues by 42 per cent, as the number of active users on its e-commerce sites grew by 20 million.
Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.
FMCG giant Nestle started selling Starbucks-branded coffee in Mainland China today, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards. Nestle last year paid US$7.15 billion for exclusive rights to sell the US chain’s coffees and teas globally, and began selling Starbucks-labelled products in Europe, Asia and Latin America in February.
Alibaba has opened its platform to enable US businesses to sell their products to millions of Alibaba.com buyers in the US and around the globe.
New Retail uses technology to merge online, offline, logistics, big data, cloud computing, entertainment and social media into a seamless shopping experience.
From Amazon Prime to Alibaba, it is the speed of virtual or physical delivery that has thrilled users in what has been dubbed ‘the Now Economy.
Alibaba has launched Tmall Global in English, making it easier for sellers of all sizes to capitalise on Chinese shoppers’ demand for quality imported products.
Shopee heads the list of the top 10 m-commerce players in Vietnam for the first quarter of this year.
Chinese online pharmacy Ecmoho is seeking to list on the New York Stock Exchange in order to raise US$100 million for expansion.
In a significant Alibaba management shakeup, high-profile CFO Maggie Wu take on a new role overseeing investment strategy.
The giants of retail – like Walmart, Target, Amazon, Asos, Tesco, Alibaba and JD – might be trailblazers, but they are still fair game for the little guys.
China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts.