Alibaba Group news

19 February 2021
UK’s number one vitamin company is a good example of how Western brands can find success in Asia by tapping into existing ecosystems. Using Tmall as the launchpad The company launched its first flagship store on Alibaba’s Tmall Global platform in 2015, then a second store in 2020 just before the 11.11 Shopping Festival. Vitabiotics plugs into Alibaba’s existing ecosystem and utilizes d...
18 February 2021
The pandemic has triggered the decline of the beauty market in 2020, but key suppliers such as Procter & Gamble and L’Oréal are now expecting growth to return, through their online sales. L’Oréal: ecommerce to aid return to growth of cosmetics Although the total sales of L’Oréal has dropped for the full year of 2020, APAC is the only region that reported growth during the year.  This is mai...
04 February 2021
Alibaba has announced its Q3 results for the three months ending 31 December 2020. Revenue increased by +37%YoY to CNY221.1 bn (US$33.9 bn), beating estimates. Growth driven by commerce retail and cloud computing " Thanks to the rapid recovery of China's economy, Alibaba had another very healthy quarter ," said Daniel Zhang, chairman and CEO of Alibaba, in a press release. The highlights...
19 January 2021
Freshippo, Alibaba’s grocery retail chain launched in 2016, is the gold standard for the integration of online, offline, technology and logistics to create a greatly enhanced shopping experience. In an exclusive interview with IGD, Guo Xulin, Chief of Staff of Alibaba’s Freshippo Business Group, highlights the aspects that distinguish the New Retail, which Freshippo represents, from old retail. ...
19 January 2021
In a store opening race post-COVID, Alibaba opened 21 new Freshippo stores and JD.com 14 SEVEN FRESH outlets in just one month.  Alibaba opens 21 new stores in 13 cities in December The 21 new stores include 19 Freshippo supermarkets and two Freshippo Mini. “ The store opening in December is the fastest in our company’s history ,” said a Freshippo official. Every crisis brings opportunit...
08 January 2021
We review major events that took place in China's grocery retail industry in the past year. 1. Flourishing of community stores Community store is the next big thing in China. It is estimated that 30% - 40% of the urban consumption expenditure is within 1 km of the community in China. It is an area that big format stores and online players find very hard to reach. The pandemic has acce...
15 December 2020
The retailer unveils two innovative store concepts, Freshippo Bakery and Freshippo Cross-Border Go, within the same week in Shanghai. 100+ different types of products, baked daily on site Opened on 8 December, it is the first Freshippo Bakery store in the country. Located in Ordos International Building, the store’s gold and pink exterior design is eye-catching and hard to miss. The stor...
30 November 2020
Speaking at a forum in Shanghai last week, Alibaba Group Chairman and CEO Daniel Zhang, shared the new consumer behavior and trends seen during this year’s 11.11 Global Shopping Festival . Mature consumers: sharp rise in numbers and big spenders The number of mature consumers, defined as Baby Boomer generation (born between 1946 and 1964) and Gen Xers (born between 1965 and 1980), ha...
17 November 2020
The country’s major internet companies, such as Alibaba, JD.com and Meituan, are likely to be hit by the rules. Rules to prevent tech monopolies China’s State Administration for Market Regulation (SAMR) issued a draft of new anti-monopoly rules on 10 November. The goal is to prevent monopolistic behavior, such as: Hosting companies restricting brands from selling on multiple platforms...
12 November 2020
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...