Singles Day Archives - Page 2 of 5 - Inside Retail Asia
Tmall and Swire Properties are launching a New Retail initiative creating tailored retail experiences at Swire Properties’ five mainland malls.
Chinese O2O retailer Suning has posted RMB172.97 billion (US$24.79 billion) in operating revenue in its third quarter performance report.
Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels on Singles Day 2018.
Tmall expects more than 20 million products to make their debut on China’s largest e-commerce platform this year.
Taiwanese e-commerce platform Eastern Home Shopping & Leisure says it will float Strawberrynet.com in Hong Kong.
NetEase Kaola has signed strategic co-operation agreements with several Japanese high-end brands.
Shoe retailer Skechers posted a 27 per cent increase in sales in the last quarter, powered by a 40 per cent increase in international wholesale sales.
Continuing momentum in Alibaba Group’s ‘New Retail’ business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31.
While the US formulated online super sales, such as this week’s Black Friday, Asia has adopted the concept with a vengeance.
Alibaba’s 11.11 Singles Day shopping event predictably set another new record over the weekend, with US$25.3 billion GMV processed.
Three days out from China Singles’ Day, experts are predicting Alibaba’s annual e-commerce sales event will keep setting records.
Alipay is set to expand in Southeast Asia through a merger of parent Ant Financial Services and HelloPay.