Alibaba Archives - Page 38 of 39 - Inside Retail Asia
Asia Pacific’s top 500 retailers achieved more than $1 trillion sales in 2012. But their growth rate of 5.4 per cent fell below the 11 per cent growth of a year earlier. Euromonitor attributes the slowing growth rate to a weak greenback against a number of local currencies such as the Japanese yen. Asia Pacific retailers also grappled with the ups and downs of the last decade due to the changing tastes of the increasingly sophisticated Asian consumer. Euromonitor also found out that …
Alipay has withdrawn payment services at traditional stores in China. The Alibaba Group subsidiary’s spokeswoman, Teresa Li, confirmed the news but declined to elaborate. Alipay started as an online payment business but expanded its payment services to traditional stores. However, it has been struggling to compete with state-backed China UnionPay, which is boosting its effort to improve services. It has more than 10,000 devices in stores and it is arranging for banks to serve the mercha…
Chinese online giant takes minority stake in ShopRunner.
Chinese e-commerce giant offers e-concierge.
Alibaba, Tencent, Baidu create e-commerce protection framework.
E-commerce giant’s first quarter earnings leap three-fold.
Chinese e-commerce giant complements its travel platform Taobao Travel.
Revenue could top $256.8 billion by year-end.
There are more online shoppers in China than in any other country…
New investment will help the US e-commerce site expand to Asia.
Chinese appliance retailer plans to boost online sales.
Taobao leads the mobile commerce market.