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Retail Asia21/02/2022

The global winter sports gear market continues to boom in 2022 thanks to the thrilling Beijing 2022 Winter Olympics and the rising popularity of winter sports around the world. Sales data from AliExpress, a global retail online marketplace under the Alibaba Group, shows a growing demand for winter sports products particularly for the winter sports […]

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Retail Asia15/12/2020

AliExpress is Alibaba’s cross-border e-commerce platform, which facilitates trade and brings sellers and buyers together. AliExpress does not sell directly, but provides a platform for safe transactions between sellers and buyers. AliExpress was founded in 2010, and is today one of the top cross-border B2C platforms. AliExpress is available in more than 200 countries and regions, and […]

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Retail Asia25/09/2019

Alibaba Group’s global online marketplace AliExpress is to offer free return and refund for participating categories across eight countries. Buyers in main areas of eight pilot countries including Russia, France, Germany, Spain, the UK, the US, Canada, and Australia will be first to participate in the new program. Products participating in the new program range […]

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Retail Asia08/08/2019

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. The nearly 30 million small and medium-sized businesses in the US – especially manufacturers, wholesalers, and distributors – can now better access the US$23.9 trillion global B2B e-commerce market, an […]

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Retail Asia28/06/2019

Alibaba Group has formed a US$2 billion joint venture AliExpress Russia to create a major e-commerce venture in the Russian-speaking market. Alibaba and the Russian government-backed RDIF sovereign wealth fund will each invest US$100 million in the venture which will absorb Alibaba’s existing AliExpress business. Russian mobile phone network Megafon will sell its 9.97 per […]

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Retail Asia26/02/2019

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India. According to analysts, the move to make it mandatory for foreign online retailers to register entities […]

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Retail Asia17/12/2018

Ever since the first Singles’ Day or 11.11 sale began in China in 2009, every year, there would be plenty of commentary explaining the phenomenon to an international audience. This doesn’t appear to be necessary any more. In its tenth edition, the event has grown into the world’s largest shopping festival where 180,000 brands participate and consumers […]

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Retail Asia12/12/2018

South Koreans are spending more at Chinese online stores, according to credit-card spending data. Purchase records from November 1-26, compiled by the big data centre at Shinhan Card, showed a 9.8 per cent increase from last year in the value of goods bought from overseas internet sites. The number of transactions was up 16.6 per […]

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Retail Asia12/12/2018

Alibaba Group Holding Ltd has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure. The project is part of Alibaba’s Electronic World Trade Platform (eWTP), and Belgium is the first European country to join the project following similar agreements in Malaysia and Rwanda. Alibaba’s logistics arm, Cainiao, […]

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Retail Asia03/12/2018

Spanish department store operator El Corte Ingles is to open a flagship store on Alibaba’s Tmall as part of a broad collaborative approach to reaching Chinese consumers. In a wide-ranging agreement, El Corte Ingles and Alibaba will enable a raft of Spanish and international brands commonly sold in El Corte Ingles department stores, to be […]

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Retail Asia02/11/2018

In his final letter to shareholders, Alibaba founder and executive chairman Jack Ma made a case for globalisation despite recent uncertainties in US-China trade relations, consumer trends, stock markets and the manufacturing industry. This is the third time that Alibaba has faced a setback in the global economy over the 19 years, but experience suggests there are opportunities behind […]

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Retail Asia22/10/2018

Alibaba Group Holding Limited (NYSE:BABA) today officially kicked off the 2018 11.11 Global Shopping Festival in China’s capital, promising this year’s mega-event will be the largest-ever in terms of scale and reach. Businesses within the Alibaba ecosystem will jointly offer hundreds of millions of consumers an enriching experience that supports their pursuit of high-quality products, […]

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Retail Asia05/02/2018

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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. The performance of the New Retail category – which combines its online (non-marketplace) and fast-growing offline retail businesses, including investments in Sun Art Retail and other established businesses – was a […]

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Retail Asia01/11/2016

Alibaba Group Holding, the world’s largest e-commerce company, is expected to report another strong quarter of sales in the three months to September 30, as its preparations intensify for the Singles’ Day online shopping festival next week. Analysts estimated New York-listed Alibaba’s total second-quarter revenue for its fiscal year that ends March would increase about […]

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Retail Asia16/08/2016

Alibaba sales have soared in the first quarter of its new fiscal year, with overall revenue growth pushing even higher than last quarter’s stellar result. Streaming entertainment and cloud computing boosted the business, driving revenue up 59 per cent in the June quarter to 32.15 billion yuan (US$4.8 billion). In a contrast to the last […]

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Retail Asia19/07/2016

Alibaba was initially founded in Jack Ma’s apartment in Hangzhou in 1999, before Alibaba.com was launched later that same year. In 2003, as the number of Internet users in China reached 80 million,[1] Taobao.com was launched as an online market. Shortly afterwards, both Alipay and Aliwangwang (instant messenger on Taobao) were launched to complete the […]

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Retail Asia06/11/2015

Coca-Cola, one of the world’s most iconic beverage brands, is opening a flagship store on Alibaba Group’s Tmall online marketplace. The Coca-Cola Tmall store comes just in time for the Global Shopping Festival, the world’s biggest online sale, on November 11. Coca-Cola has designed special packaging for the 24-hour 11.11 festival and its shop, now […]

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Retail Asia23/09/2015

Cainiao, Alibaba Group’s logistics affiliate, has agreed to work with the US Postal Service to speed delivery of merchandise ordered by US consumers on Alibaba’s international online shopping platforms. Under a Memorandum of Understanding (MoU), Cainiao and the US’s national mail carrier agreed to collaborate on the development of enhanced shipping solutions for cross-border eCommerce. […]

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Retail Asia13/08/2015

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Alibaba Group has launched an English-language version of its online system for reporting intellectual property (IP) infringements that occur on its giant Chinese e-shopping marketplaces Taobao.com and Tmall.com. The system, called TaoProtect, is designed to make it easier for companies to report merchants who are selling counterfeit products on the Taobao and Tmall platforms, facilitating […]

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Retail Asia06/08/2015

When it comes to online retail markets, China is in a class by itself. The country is already home to the world’s largest e-commerce market, and there’s room for more growth.Chinese consumers are attaining middle class spending power at a historically unprecedented rate and using it to treat themselves to personal luxuries. That spending has […]

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