Alibaba is celebrating its twelveth 11.11. Singles Day. We have been tracking its latest news and development. Its first sales window from 1-3 November has registered record sales. We wrap up the event with a highlight of major brand activites that contributed to this year's success. Summary and key highlights: Total GMV recorded over the event including the presales period is CNY498.2...

We round up the latest developments leading to the 11.11, the largest online Global Shopping Festival. Highlights from 1 - 3 November The first parcel was delivered within 11 minutes to a customer in Wuhou District in Chengdu 100 brands topped gross merchandise volume of CNY100m in 111 minutes after sales officially began. They include Nike, Adidas, Apple, L’Oréal, Estée Lauder, Xiaom...

A global strategic partnership between Alibaba, Richemont and Farfetch will provide brands improved access to China’s luxury market. Partnerships expanding the ecosystem Farfetch will launch on Alibaba Group’s Luxury Platforms in China, e.g. Alibaba’s Tmall Luxury Pavilion and Luxury Soho platforms as well as cross-border marketplace Tmall Global. Alibaba and Richemont will invest US$500m i...