Tag: Alibaba

June 23, 2023

Two reports in recent days show how social media app TikTok is working to capitalize on users’ propensity to shop products featured in its short-form videos. TechCrunch said TikTok confirmed a report in the Financial Times that it is testing […]

November 30, 2021

E-commerce retailers have been known to struggle for better positions in new markets, but Amazon is usually among the winners. The American multinational technology company is not only one of the best known retailers in the world, but it was […]

November 2, 2018

A slowing economy is taking a toll on China’s biggest e-commerce company. The Alibaba Group on Friday reported $12.4 billion in revenue for the latest quarter, a 54 percent increase from a year earlier but less than analysts’ estimates. The […]

June 8, 2017

The Alibaba Group signaled on Thursday that for all the global worries about China’s rising debt and bloated state industries, its economy still enjoys a strong pillar of support: online shoppers. Alibaba, the Chinese e-commerce giant, said Thursday during an […]

January 30, 2017

Ant Financial Services Group, an Alibaba affiliate and operator of China’s dominant digital payment service Alipay, agreed to purchase US payments company Moneygram in a deal worth $880 million. Ant Financial’s acquisition of Moneygram is not its first foray into […]

April 12, 2016

Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder. This includes $500 […]

December 21, 2015

Alibaba’s year-long effort to endear themselves to the global community has yielded a major benefit: they have been left off an annual blacklist of e-commerce platforms targeted by the U.S. Trade Representative (USTR) for the sale of counterfeit goods. The company, which has […]

August 13, 2015

Buoyed by interest in its products from Chinese customers who shop while visiting the United States, Macy’s Inc. will expand its e-commerce presence in China. The retail chain, No. 7 in the Internet Retailer 2015 Top 500 Guide, plans to […]

February 12, 2015

(The Paypers) Golabal B2B online sales are expected to reach USD 6.7 trillion in 2020, triggered by the notable advance of marketplaces such as Amazon or Alibaba. US B2B online sales will reach USD 1.9 trillion whereas, in China, it […]