Alibaba Group news

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...
14 November 2016
After generating RMB120.7bn (US$17.7bn) in gross merchandise volume (GMV) in just 24 hours, Alibaba’s 11.11 Global Shopping Festival in 2016 has strengthened its position as the world’s largest one-day online sale event. A new set of sale records The GMV figure represents a 32% increase in transactions that played out over Alibaba’s ecommerce platforms—mostly on B2C site Tmall.com and C2C m...
03 November 2016
Shirley Zhu, Programme Director IGD Singapore, assesses four of the major opportunities for online grocery retailing in Asia. Nature of ecommerce in Asia is changing Asia is the largest ecommerce region in the world and home to many ecommerce giants such as Alibaba, JD.com, Flipkart and Rakuten. Despite the fast-moving nature of the food and grocery industry, it has been slower than some...
03 November 2016
Lazada, a leading Southeast Asian ecommerce platform backed by Alibaba Group, has confirmed to buy Singapore-based online grocer RedMart, expanding Alibaba's footprint in the region. If the rumors about Amazon's entrance to the region is true, Southeast Asia is going to the next battlefield for the two ecommerce giants. The transaction The transaction is expected to be completed this qu...
31 October 2016
Amazon Prime offers unlimited cross-border shipping in China Amazon has launched a version of its Prime membership program to its customers in China, which includes free, cross-border shipping from the Amazon Global Store as well as no minimum free domestic shipping. Tailored to Chinese shoppers The Chinese version of Prime is focused solely on shipping, and is the "first-ever membership...
26 October 2016
As Singles' Day approaches, ecommerce giants in China, Alibaba and JD.com are gearing up for the biggest online shopping day globally, which brought in billions of dollars last year. Alibaba: more opportunities to engage shoppers globally Alibaba has extended the 24-hour event to a 24-day online sales extravaganza, running from October 21 to November 13. Alibaba has also revealed its m...
14 October 2016
The first day of IGD's Online & Digital Summit included thought-provoking presentations from participants across the sector. Areas explored included best practice in online retail, how to gain better shopper insight, building a successful online strategy, and collaboration and partnerships. Here we round up some key learnings from the day: 1. Mobile-first approach becoming vital As smartpho...
05 September 2016
The   flagship   online  store  featuring   Australian   wine   has   been   launched   on   Alibaba ' s B2C  platform   Tmall . com, providing an opportunity for Aussie winemakers to tap into the growing Chinese market. The online store The new wine store, which is supported by Wine Australia and operated by Chinese online wine retailer Vinehoo.com, will initially stock 10 brands from...