Tag "Alibaba"

Market share of Chinese platforms in Spain reaches 34%

One in three (34 percent) of online purchases in the first half of this year in Spain were placed on Chinese platforms, such as Alibaba, Temu or Shein. The market...

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Euromonitor International: China’s Alibaba the leading retailer and Indonesia’s GoTo the fastest growing retailer in Asia-Pacific

Kína zéró-Covid politikája az offline kiskereskedelmi forgalomban dollárban kifejezve 4%-os forgalomcsökkenést eredményezett és az üzleteken belüli vásárlóforgalom visszaesése komoly kihívás elé állítja a kiskereskedelmet. Az olyan piacok ugyanakkor, mint India,...

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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData

Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers* achieved a remarkable year-on-year (YoY) revenue growth of...

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Alibaba launches Miravia in Spain

Ecommerce giant Alibaba has launched a new marketplace in Spain. The platform is called Miravia and connects brands and content creators with consumers. It features fashion, beauty, food and lifestyle...

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Another record-breaking Alibaba turnover on Singles Day

Another record-breaking. Chinese online retailer, Alibaba, saw record-breaking sales on Singles Day, Alibaba reported on Friday. Alibaba Tmall’s e-commerce platform had total sales of 540.3 billion yuans (84.54 billion USD)...

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Alibaba Group Announces June Quarter 2021 Results

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended June 30, 2021. “Alibaba started the new fiscal...

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China’s Alibaba is not afraid of the negative effects of its record-breaking penalty

Chinese internet retail and technology giant Alibaba is not afraid that the record-breaking penalty -imposed on it over the weekend – will have negative effects, the Hong Kong newspaper South...

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Alibaba’s turnover on Singles’ Day exceeded last year’s result after the first half hour

Already after the first half hour, Alibaba Chinese Internet retail portal’s turnover on Singles’ Day exceeded last year’s result on Wednesday – the international international news channel CGTN reports. The...

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Alibaba would expand in Europe

The coronavirus couldn’t pull the carpet under the feet of Asian online shopkeepers. One Chinese dealer selling electric bicycles, He Chong, revealed that sales in May rose 1,600 percent over...

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New ‘Robotic Restaurant’ from Hema – Video of the day

This Freshippo supermarket, formerly known as Hema, offers a highly automated, Jetson-like food experience. [/o...

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With the help of Alibaba, the meat-free meat company is expanding in China

Beyond Meat, a vegetable meat company, has partnered with Alibaba to expand more effectively in Chinese stores with its product – origo wrote. This is not the company’s first partnership...

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IKEA sells through an e-commerce company in China

IKEA has begun selling its products at Alibaba-owned e-commerce giant Tmall – origo wrote. This is the first time that the world’s largest furniture manufacturer has been selling its products...

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Alibaba’s AliExpress Warns Of Possible Coronavirus Delays

AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers that there may be some delivery delays due to the coronavirus outbreak. AliExpress is one of the...

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Alibaba-backed fund to build HQ in Saudi ‘media city’

Saudi Arabia has signed an agreement with a fund linked to China’s Alibaba to build a new headquarters in a “media city” in the kingdom’s capital.  The minister, Prince Badr...

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Alibaba’s Freshippo sales soar during virus outbreak

While a number of multinational chains including Starbucks, Ikea, Levi’s and Apple are shutting stores, sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak....

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Magazine: Supermarkets can use private label products as a weapon

The Private Labels Manufacturers Association (PLMA) has a monthly news programme at PLMALive.eu, called Newsdesk, and our magazine now presents to you the highlights of the October edition. In the...

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Several large companies operating in China have introduced precautionary measures

A number of international corporations operating in China have introduced precautionary measures to curb the spread of the new coronavirus outbreak, according to reports released by the companies. Facebook has...

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Trade marketing in 10 years from now

Once again it was in the building of the Budapest Chamber of Commerce and Industry where the year’s last Trade Marketing Club meeting took place in November. One of the...

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Alibaba’s executives are patient

Despite the long preparation and the favorable offers Alibaba has not been successful in the old continent, but its executives are patient – Világgazdaság wrote. Despite its extremely favorable offer...

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Amazon opens pop-up store on China’s latest e-commerce platform

In December Amazon opened a pop-up store on Pinduoduo, the latest Chinese e-commerce platform. Then pop-up store was open until the end of December and offered about 1,000 different products...

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Alibaba set a record

On the occasion of Singles Day China’s Alibaba reached record sales – 268.4 billion yuan (11,577 billion HUF) worth of products were sold, which is a 26 percent increase, compared...

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Alibaba To Stop Sales Of E-Cigarette Components In The US

Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked...

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Jack Ma leaves Alibaba

Jack Ma, co-founder and chairman of Alibaba, China’s largest online retailer, leaves the company on Tuesday. Known as the face of the company, Jack Ma spoke about his retirement plans...

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Aliexpress opens in Madrid

In Madrid, Alibaba has opened a 740 square metre shop in the Xanadú shopping centre. Chinese online giant Alibaba is pushing its multi-channel strategy in Europe. The company has opened...

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Alibaba postpones its share issue

China’s largest e-commerce company, Alibaba Group, is postponing its planned issuance of shares to Hong Kong amid rising political tensions over the Asian financial center – insiders told Reuters news...

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The business model of AliExpress is changing

One of China’s largest technology companies, the Alibaba Group, is changing its fastest growing business line, the business model of AliExpress, which operates an online retail marketplace. It is opening...

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Magazine: Smart technological solutions: What can be achieved?

The 5th Innovation Food Conference was part of the programme at the Anuga trade fair in Cologne. There were approximately 200 participants and Hanni Rützler, the founder of Vienna-based futurefoodstudio...

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Alibaba buys Berlin-based company data Artisans

Chinese e-commerce giant Alibaba Group paid USD 103.3 million for data processing and streaming company data Artisans, which has customers such as Uber, Lyft, eBay, Comcast, a Huawei and Kin....

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Alibaba to build a trade hub in Belgium

Alibaba, the biggest Chinese online retailer is to build its own 220,000m² base in Belgium, close to the Liége airport – reported Handelsblatt. The company will invest at least EUR...

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FlyZoo Hotel opened in Hangzhou

FlyZoo Hotel opened its gates in mid-December. It is the first hotel of the Asian Alibaba Group. The hotel offers a real futuristic experience in the city of Hangzhou, 170...

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