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Retail Asia29/03/2022

Alibaba Group’s marketplace Taobao Deals launched a 10-Yuan Store this week for China’s bargain hunters seeking daily necessities. Goods are priced below RMB10 (US$1.57) each at the digital stores, which are similar in concept to dollar stores in the US or pound shops in the UK. Taobao Deals also unveiled 100 Store, a marketplace for higher-value products, […]

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Retail Asia20/10/2021

Alibaba Group’s online marketplace Taobao this week rolled out a new version of the shopping app that’s more accessible for senior users. Piloted ahead of China’s 11.11 Global Shopping Festival, Taobao’s “senior mode” features larger text and icons, simplified navigation and voice-assisted technology, which allows senior citizens to search for products using voice commands. The homepage […]

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Retail Asia19/10/2020

Taiwan on Monday gave the domestic branch of Alibaba Group Holding Ltd’s e-commerce site Taobao six months to re-register as a Chinese investment rather than a foreign one, or leave, in the government’s latest shot against Chinese firms. Amid growing political tension, Taiwan has stepped up oversight of Chinese investment and the operations of Chinese […]

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Retail Asia03/08/2020

Chinese social commerce platform Taobao has inaugurated a new rating system to reward deserving young creators and small enterprises with broader market exposure on the fifth anniversary of the firm’s Taobao Maker Festival. The exposure is designed to bring more attention to outstanding creativity and better promote products to the platform’s 840 million users. Taobao’s […]

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Retail Asia07/04/2020

Alibaba Group’s live streaming channel Taobao Live wants to attract more than 200,000 businesses to its platform this year. The firm hopes brick-and-mortar retailers such as traditional wholesale markets will enhance the shopping experience of customers with the assistance of the platform. Against the backdrop of the Covid-19 pandemic, the firm waived service fees for […]

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Retail Asia20/11/2019

Alibaba Group will launch a Taobao retail store at Mytown Shopping Centre in Kuala Lumpur. The new outlet is opening in partnership with Mytown and local retailer Lumahgo New Retail, and follows the brand’s first Southeast Asian store in Singapore’s Funan mall. The launch was preceded by a pop-up held over the weekend previewing products […]

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Retail Asia26/09/2019

Chinese e-commerce platform Taobao has kicked off its fourth Taobao Maker Festival. The signature offline event within the Alibaba ecosystem celebrates the maker spirit of China’s young entrepreneurs. The event continues to expand in scale, with this year’s festival held at two different Hangzhou venues. It will showcase more than 1000 new and creative products, […]

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Retail Asia27/05/2019

Taobao has teamed up with local retailers to launch a brick-and-mortar, multi-label store to host independent clothing brands that sell on the Alibaba Group-owned online marketplace. Piloting at the Hangzhou Kerry Center shopping mall, the “Taostyle” store currently offers about 350 items from a rotating selection of 20-plus brands. The first batch of partners features some […]

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Retail Asia23/04/2019

Taobao will leverage its livestreaming technology to help incubate 1,000 key opinion leaders in China’s countryside in an effort to boost rural development. By helping farmers go online, Taobao aims to enable farmers to find new markets and customers from their homegrown products. Taobao’s target is to boost the livelihood of 1,000 farmer livestreamers from […]

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Retail Asia08/04/2019

Alibaba’s e-commerce platform Taobao has launched its home-and-living channel, Jiyoujia in Singapore. Marking the brand’s first foray into an overseas market, products are on show at Taobao Home store at NomadX store. “Singapore is an important market for Taobao, and we continue to witness strong and sustained demand for the home-and-living category here by shoppers,” said […]

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Retail Asia01/02/2019

Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million. The Chinese company’s turnover for the three months reached US$17.057 billion and its net income attributable to shareholders $4.807 billion. “Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving […]

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Retail Asia25/01/2019

E-commerce giant Alibaba has developed new technology to make it possible for blind and partially sighted people to shop online, according to an article on Alibaba’s news site Alizila. Alibaba plans to launch Smart Touch, an affordable silicone sheet that goes on top of smartphone screens, later this year. The plastic film includes three mini […]

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Retail Asia20/12/2018

Chinese online retailer Taobao is endorsing a spin-off physical store in Malaysia. The 5000sqft Taobao Selection store in Kuala Lumpur’s Viva Home Shopping Mall is the first in Southeast Asia, opening in collaboration between local operator Lumahgo, Taobao spinoff Tmall World, and lifestyle furniture retailer Lorenzo. It retails curated products from Tmall.com selected for the […]

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Retail Asia17/12/2018

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Starbucks launched its first virtual store in China powered by technology from Alibaba Group, providing a unified, one-stop digital experience across the Starbucks app and mobile apps within the Alibaba ecosystem, including Taobao, Tmall, and Alipay. The first-of-its-kind virtual store leverages an online management hub developed specifically for Starbucks by Alibaba. It provides consumers integrated […]

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Retail Asia17/12/2018

Chinese tech firm LeEco has put a Beijing shopping centre up for auction on Chinese e-commerce platform Taobao. Experiencing financial difficulties, yet determined to uphold its online trading practices, the firm has listed the 50,000sqm Beijing Shimao Gongsan Plaza at a reserve of RMB2.3 billion (US$334 million). The move follows legal action by mortgagor China […]

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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 Asia16/11/2018

South Korean retailers benefited from another record-setting Nov. 11 Singles Day shopping extravaganza led by Alibaba Group of China. Since 2009, Chinese retail giant Alibaba Group has transformed Singles’ Day, which falls on Nov. 11, into an online shopping festival with large discounts offered for 24 hours. Over 40 percent of shoppers made purchases from international […]

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Retail Asia02/10/2018

Alibaba has invested an undisclosed figure in Chinese garment-sharing platform YCloset. The site’s strategic fundraising round that secured the Alibaba funding will be used to expand its data analysis functions and physical operations centres. The Beijing-based service allows users to rent clothes and accessories for a monthly subscription fee. It has more than 15 million […]

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Retail Asia03/08/2018

Starbucks China and Alibaba have announced an alliance that stretches way beyond the latter’s online delivery platform Ele.me. The two companies describe their pact as “a deep, strategic New Retail partnership” that will enable a seamless Starbucks experience and transform the coffee industry in China. The partnership spans Ele.me, the food delivery platform acquired by […]

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Retail Asia27/07/2018

Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai, (pictured), said this week. Moving into Alibaba’s ecosystem has already created new and immediate opportunities for Ele.me and the 3 million-strong delivery force registered through its platform, Wang said. While core food delivery is likely to provide […]

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