Alibaba Group news

09 May 2017
JD.com, China's second largest ecommerce platform has achieved its first profitable quarter since going public two years ago, helped by Chinese consumers using mobile to shop. A 'milestone' quarter JD.com’s net profits made an unexpected turn, rising to CNY239m (US$35m) compared with a loss of CNY910m (US$132m) in the first quarter of last year. Gross merchandise volume increased 42% in the...
24 April 2017
Southeast Asia’s biggest online marketplace Lazada, owned by Alibaba, has launched a new digital loyalty programme with RedMart, Uber and Netflix in Singapore. The loyalty programme The membership program, LiveUp, gives members access to rewards and discounts on online shopping on Lazada and its grocery arm RedMart, food delivery and Uber rides, as well as a free 6-month Netflix subscriptio...
24 March 2017
Lazada has launched a dedicated website to sell selected products from Alibaba's B2C marketplace Taobao. Dedicated website in English Singaporeans have been shopping on Taobao, but often through agents, due to the language barrier. The new website taobao.lazada.sg is all in English and shoppers can track their orders from end to end. Categories being sold on the new website include fashion,...
20 March 2017
RedMart, the leading online grocer in Singapore has opened an official store on Lazada. Selected categories available Lazada shoppers can now buy certain grocery products from RedMart: beverages, wines, beers & spirits, laundry and home care, baby and toddler products. The store features same-day delivery for orders placed before 11am with express delivery and a 5% discount for orders over...
21 February 2017
Ecommerce giant Alibaba Group has formed a strategic partnership with Chinese retail conglomerate Bailian Group. The cooperation Alibaba and Bailian will initially cooperate on supply chain technology using Alibaba’s big data capabilities as well as integrating Alipay payments with Bailian Group’s existing membership programme.  Alibaba has been extending its reach offline to provide a b...
01 February 2017
Lawson, one of the largest convenience store operators in Japan, accepts Alipay at all outlets. This tie-up gives Lawson an advertising boost on Alipay and access to data on Chinese tourists’ shopping preferences. First mover advantage with Alipay partnership Lawson has become the first convenience store chain to accept Alipay at all its outlets. With this partnership, Chinese users in ...
02 January 2017
The International Consumer Electronics Show (CES) is the premier event for businesses focused on consumer technologies. With exhibitors ranging from some of the world’s leading companies in this space to innovative start-ups, a broad range of technologies will be on show, with many products unveiled for the first time. With this event becoming a key part of the retailing calendar, and an impor...
22 December 2016
Irish wholesale retailer Musgrave, the company behind SuperValu and Centra, has struck a deal with the Alibaba Group to export products direct to consumers in China. Flagship SuperValu virtual storefront on Tmall Global Musgrave will open a flagship SuperValu e-commerce storefront on Tmall Global, making it the first Irish retailer with a presence there (UK retailers Sainsbury's and Waitr...
15 December 2016
Southeast Asia’s largest ecommerce site Lazada is rolling out a series of initiatives to expand its capacity in the region, with help from online grocer RedMart that it recently acquired. Successful 12.12 sales event Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. With ...
21 November 2016
Alibaba is going to invest US$290 million to purchase almost a third of Sanjiang Shopping Club, a regional discount supermarket chain with more than a million members in China. Online to offline Alibaba, China’s largest ecommerce company has been investing in physical retail, including in Suning Commerce Group and Intime Retail Group, opening up new sales channels for these retailers and en...