Tag "Alibaba"
Commitment to remove dangerous products faster
Four major online marketplaces, Alibaba, Amazon, Ebay and Rakuten-France signed an agreement on Monday to remove the dangerous products – the European Commission announced. According to the information, the giant...
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Alibaba Singles’ Day Tops $30 Billion But Growth Rate Plunges
Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan (€27 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s...
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Alibaba to enter the Serbian market already this year
Chinese e-commerce giant Alibaba plans to launch the Aliplay platform in Serbia already this year – revealed Serbia’s Minister of Trade. The minister already announced back in September 2017 that...
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Can an e-commerce association be the solution in competing with giants such as Amazon?
One of the reasons why Central Europe is a popular cross-border e-commerce target is that giants such as Amazon or Alibaba aren’t expanding in the region yet. This situation is...
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Alibaba stepped back from American plans
The largest Chinese Internet retailer has withdrawn its promise to participate in creating 1 million jobs in the United States – the co-founder of the Chinese company announced. Jack Ma,...
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Starbucks opens its first online cafes in China
Starbucks and Alibaba Group have signed a strategic partnership agreement aimed at transforming the coffee experience and the cafe services in China – Világgazdaság Online wrote. One of the aims...
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Alibaba opens first physical store
Alibaba’s first brick-and-mortar store has opened in the city of Hangzhou in China – close to the company’s seat. There are self-service checkouts in the plaza where the company’s own...
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Alibaba plans a brutal overseas expansion
The Alibaba e-commerce giant is preparing for a brutal overseas expansion, according to the company’s investment plans published by Reuters. Alibaba spends 100 billion yuan (about 3.9 billion HUF) in...
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Alibaba opens the Marriott hotels for the Chinese travelers
Chinese e-commerce giant Alibaba Group on Monday unveiled a joint venture with Marriott International to allow Chinese travelers to book Marriott hotels through Alibaba’s travel service website and app. According...
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2017 BrandZ Top 100 Global Brands
The 2017 BrandZ™ Top 100 Most Valuable Global Brands ranking and report has now been published by WPP and Kantar Millward Brown. In its 12th year, this is the most...
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Giga investment in Central Europe
The world’s largest webshop, China’s Alibaba is looking for the ideal location for a European center. Hungary is also included among the possible targets – origo wrote. The Alibaba plans...
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Alibaba is more and more popular
The Chinese e-commerce giant Alibaba’s sales rose by 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said...
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The Alibaba has surprised the analysts
The Alibaba online trading portal increased its turnover and profits in the fourth quarter last year, more than expected. The Alibaba Group Holding Ltd. online trading portal increased its revenues...
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Billions have been spent on purchasing online within minutes during the “singles day” in China
Chinese consumers spent a record 91.2 billion yuan (14.3 billion USD, 9.4 billion pounds) online during the 24 hours of Singles Day this year, cementing the e-commerce extravaganza as the...
Read moreForeign webshops are popular among the Hungarian online shoppers
The data of GfK’s E-commerce Report shows the domestic online trade’s high degree of concentration in the first half of the year. 88 percent of the orders are by domestic...
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The Millward Brown has published the list of the most valuable brands
The Millward Brown created the list of the 100 most valuable brands, based on wide-ranging consumer surveys – the portfolio.hu wrote. Due to the extraordinary popularity of the iPhone 6...
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The world's third-largest smartphone manufacturer will be a “bank”
The world's third largest smartphone manufacturer the Xiaomi follows the path of its Chinese competitors, and the technology firm enters the market of financial services: creates an online money market...
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Amazon targets the Chinese market through the Alibaba
Amazon opened its own digital storefront on Tmall Friday. Tmall is an Amazon-like site owned by one of China's largest internet companies, Alibaba. Unlike Amazon, Tmall is more of a...
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