Kaola Archives - Inside Retail Asia

Alibaba confirms purchase of Kaola business from rival NetEase

Alibaba has confirmed it will buy NetEase’s Kaola for about US$2 billion, a deal widely predicted last month.

Alibaba may buy Kaola from Netease

Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.

Asia-Pacific shoppers favour cross-border shopping

Half of online shoppers in Asia-Pacific make purchases cross-border.

Middle class driving Chinese cross-border e-commerce

A growing middle class in China that likes shopping for foreign brands is helping drive cross-border e-commerce, according to eMarketer.

Sa Sa profits dive

Sa Sa profits took at 37.3 per cent hit during the six months to September 30.

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