Alibaba expands logistics
During the most recent Alibaba conference, Alifest 2012, the company announced that it would invest 100 million USD to acquire shares of several logistics companies this year in order to deal with...
View ArticleTaobao-Tmall turnover to reach RMB 1 trillion this year
According to data published by Alibaba, China’s leading e-Commerce group, the total turnover of Taobao and Tmall is expected to reach RMB 1 trillion this year, more than double the turnover for 2010....
View ArticleCoach jumps back into e-Commerce fray
Following previous announcements in 2012, Coach again reiterated the impending launch of its e-Commerce business by year end. The leap into e-Commerce is expected to help Coach gain market share in...
View Article360Buy acquires online payment tool
360Buy has been looking for M&A opportunities in the online payment sector ever isnce its cooperation with Alibaba’s Alipay was terminated in 2011. Following failed negotiations with Tencent’s...
View ArticleAlipay payments now “two-dimensional”
AliPay, Alibaba’s industry leading online payment platform, recently launched two-dimension code payment services to give consumers the option of paying from smartphones. AliPay users can set up a...
View ArticleClik here to view.
Strategic map: Baidu’s path to mobile relevance
Lenovo's new Bai-Phone. China’s leading online search giant is in trouble. While Tencent dominates social media, Alibaba controls retail and online payments, and Qihoo makes headway in mobile search,...
View ArticleAlipay explores rural markets
Alipay, Alibaba’s online payment platform, recently announced further investment into third and fourth-tier cities and rural markets. The company has started a new rural business department...
View ArticleTesco jumps (back) into e-Commerce
Reports indicate that Tesco is planning to launch an online platform selling food products in the Shanghai market. The company also plans to use its own logistics system when it comes to processing...
View ArticleStars align for e-Commerce
Male Scorpios and female Aquarius were China’s biggest online shoppers in 2012 according to annual figures released by Alipay, Alibaba’s online payment service. Scorpio men spent an average of over...
View ArticleAlipay line of credit for shoppers
Alibaba Group will soon roll out a credit-line services for businesses and consumers on its e-commerce platforms. Qualified Alipay users will be approved for credit limits according to previous...
View ArticleJingdong dog vs. Tmall Cat
Netizens voted and the results are clear: 360Buy shoppers are dog people. The e-commerce mega-mall has decided on a metallic dog as its new mascot. This is the first cartoon mascot in nine years of...
View ArticleAlibaba rolls 6 deep
In cooperation with a host of aspiring handset makers, Alibaba has just launched six,count ‘em, six new smartphone models. Companies like Zopo, Amoi and Konka have all lined up for an upgraded version...
View ArticleAmazon cloud arrives in CN
Amazon recently launched its Cloud Drive in a bid to compete with local cloud providers. Cloud Drive supports document uploading to cloud server via Amazon’s own wesbite or local software. With Chinese...
View ArticleOnline payments, force for good
In the wake of Sichuan’s recent earthquake, Alibaba’s Alipay online payment platform has played its part in rebuilding the affected areas. In the two days after the quake’s initial impact, Alipay...
View ArticleJack Ma says farewell
Jack Ma, the founder of Alibaba, has formally resigned from the CEO position of the company. Chief Data Officer Lu Zhaoxi is the company’s new CEO. Before his departure, Ma defined a clear path for the...
View ArticleAlibaba’s company of the week
Alibaba has co-founded a logistics platform alongside major courier companies and several tech firms. Jack Ma, the newly former CEO of Alibaba, will be president of the company. Over the next 5-8...
View ArticleAlibaba and Baidu play nice
E-commerce makes strange bedfellows? Alibaba and Baidu haven’t always worked well together, but recent cooperation indicate an improving relationship. The e-commerce giant and China’s favorite search...
View ArticleTaobao: rural customers are no. 1
Taobao published its “Rural Retail Report” and the results are impressive. 2012 saw over 30 million rural residents shop on Taobao, spending over RMB 179 billion, nearly 90% more than 2011. The average...
View Article
