Alibaba Group news

Chinese ecommerce giant has opened its doors to US small and medium-sized enterprises (SMEs) on its platform, Alibaba.com. Helping US SMEs access global ecommerce market The business-to-business (B2B) platform is traditionally China focused, with more than 95% of sellers from China. This move enables the 30 million SMEs in the US to have better access to the global ecommerce market, which...

New leader for Indonesia’s ecommerce operations. Another new appointment at Lazada Earlier on, we reported the new CEO of Lazada Vietnam . Now, the Lazada Group has announced that Mr. Chun Li, co-president of the Lazada Group, has been appointed as the new CEO of Lazada Indonesia. In this role, Li will lead the strategic development and growth of Lazada in the country. At the same ti...

Alibaba continues to expand its presence in bricks and mortar in China, with plans to reach at least 2,000 stores across the market by 2022.  Accelerating expansion and coverage Alibaba currently operates 160 Freshippo stores in 21 cities. It hopes to cover 200 cities by 2030, targeting cities with populations in excess of one million. The first store opened in Shanghai back in January 2016...

Alibaba has announced that James Dong will take over from Max Zhang to be the new CEO of Lazada Vietnam. Enabling greater cross-country collaborations. Dong will retain the position of CEO of Lazada Thailand, allowowing him to enable greater cross-country developments. Dong adds, “Vietnam continues to present a huge opportunity for Lazada. I am confident that we will win in the market by e...

Alibaba is launching next generation flagship stores on Tmall. Flagship Store 2.0 The new format on Tmall will be called Flagship Store 2.0. It will allow brands to provide more personalised experiences for shoppers. Flagship Store 2.0 will place likely purchases on a store’s first page rather than make shoppers search for the things they want. They will also personalise content and offe...

Alibaba has launched an English-language portal for its Tmall Global marketplace. Recruiting new merchants The new portal looks to recruit new merchants. Alibaba aims to double the number of international brands on the platform to 40,000 in the next three years. Tmall Global currently covers brands from 77 countries and regions. Alibaba hopes the new website will make the B2C marketplace ev...

JD.com and Alibaba reported record breaking results for the 18-day campaign, with sales value up by +26%YoY. The festival has evolved to be a major midyear ecommerce event 6.18 shopping festival, created by JD.com, now joined by Alibaba, has become a midyear event that can match the scale of the 11.11 global shopping festival. The total sales transaction reached a new high this year of U...

High profile CFO Maggie Wu takes on new role in strategic investments. An organisational upgrade Wu will take over from Executive Vice Chairman Joe Tsai and oversee the firm’s strategic acquisition and investments unit, as part of a business and management reshuffle at the ecommerce giant. Joe Tsai will support Wu in her expanded role. “ To guarantee innovation, invest in our future, Ali...

Joint ventures and partnerships by some of Russia’s leading ecommerce retailers is evolving the channel’s service levels. Alibaba and Yandex are forming partnerships with various companies to develop their online shopping offer and improve their services. Such a move is encouraging competing ecommerce retailers in Russia, such as Ozone, to enhance theirs too. Alibaba signs strategic partners...

New research launched by IGD in association with The Consumer Goods Forum looks at how digital technologies are revolutionising the way the food and consumer goods industry operates. The report looks at how companies can respond to these change and how businesses will use digital technology to become more relevant. It explores three digital retail models of the future and sets out predictions ...