Alibaba Group news

12 August 2016
Alibaba saw record growth in its fiscal first-quarter 2017 as the company’s Chinese retail marketplaces Taobao and Tmall surged by 49% year-on-year to RMB 23.4bn (US$ 3.5bn)despite the economic slowdown. 75% of the revenue was from mobile. Mobile drives growth The number of Chinese users buying products on Alibaba through their mobile phones rose to 427 million from 410 million in the previ...
09 August 2016
Sainsbury's, along with other global retailers, took part in Alibaba’s 8.8 Shopping Festival to showcase British products. Annual event focusing on consumer education Where Alibaba is known for its 11.11 Shopping Festival which is all about sales, the 8.8 event focuses on education. Tmall Global currently hosts 7,700 brands from 53 countries and regions on its platform. The goal of the fest...
02 August 2016
Sainsbury’s is planning to double the number of products available on Alibaba's Tmall marketplace platform. The intention is to sell 100 Sainsbury's branded products across four categories – British Breakfast, Drinks, Organic and Baby. There are also plans for more ranges to be added in the autumn. A successful trial Sainsbury’s relationship with Tmall started in September last year...
20 July 2016
The world’s largest e-commerce platform Alibaba Group is growing its business in Australia, with plans to open its first office in the country at the end of this year. Melbourne office to serve both Australia and NZ New York-listed Alibaba has announced the planned opening of its new office in Melbourne, the capital of the Australian state of Victoria later this year, in order to better ser...
12 July 2016
The launch of Inamall, a marketplace on Tmall Global enables Indonesian businesses to sell to Chinese consumers directly. Supported by the Indonesian government Inamall was luanched by Indonesian Trade Minister Thomas Lembong and Alibaba Group vice president Brian A Wong. “ E-commerce is among the fastest and most effective way to reach out hundreds of millions of consumers in China and ...
30 June 2016
In this roundup we look at the global partnership between Alibaba and Mars Inc, the launch of a British Mall on JD.com, as well as a new agreement Alfamart has signed with Tokopedia. Mars teams up with Alibaba Mars Inc has revealed that it will form a global strategic partnership with China’s e-commerce giant Alibaba. This expands on the successful tie-ups Mars has built with Tmall, Al...
16 June 2016
If day one was about seizing opportunities in the face of disruption, day two gave way to some of the companies and individuals causing the disruption and how others are having to adapt to the changes. Supporting local entrepreneurs, to win globally Building on some of the themes from day one and setting the tone for day two were presentations from the chief executives of two young Afri...
25 May 2016
As the e-commerce giant continues to expand in China and beyond, here are three things you need to know about it in 2016. Globalisation Cross-border imports : Tmall Global brings international brands that don't have presences in China to Chinese consumers. Costco, Macy's, Chemist Warehouse, LG Household & Health Care and Matsumoto Kiyoshi have storefronts on Tmall Global. Recently, Waitros...
24 May 2016
The recent partnership between the two major mobile payments aim to provide integrated payment in more businesses. Shoppers can now use their Alipay accounts to make mobile payments via Samsung Pay application in China. The partnership The two supposedly rivals are tied up in China. Samsung Pay users can now link their Alipay accounts and make payments with their mobile phones to checkout ...
19 April 2016
Waitrose has begun exporting its products to China through Royal Mail’s online store on Tmall, China’s largest e-commerce marketplace. A measured pace to expand in a new market Waitrose China will initially offer 30 products to Chinese online shoppers, exclusively through  Royal Mail’s online store on Tmall , a B2B marketplace run by Chinese e-commerce giant Alibaba. Waitrose arranged th...