China’s Singles’ Day shopping festival, created by Alibaba (BABA) in 2009, has long been seen as a sign of consumer strength.
Alibaba Group is leveraging its platform power and cloud computing capabilities to create greener supply chains in China. The platform company’s online grocery service Tmall Supermarket has teamed up ...
Alibaba plans to sell several offline retail assets as it reassesses its 2017 "new retail" strategy. A recent quarterly earnings conference indicated that Chairman Joe Tsai had formed a capital ...
Alibaba (BABA) ended the recent trading session at $160.80, demonstrating a -3.07% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.21%. On the other ...
The retail season is poised to be in full swing, given the upcoming holidays. The National Retail Federation (NRF) is optimistic about the upcoming holiday season. According to the NRF’s estimate, ...
The hypermarket operator cut about 235,000 tonnes of carbon emissions in its fiscal 2023 Sun Art Retail “most advanced enterprise” in China’s food and daily necessities retailing industry for ...
BABA sells Intime, marking a shift from its New Retail initiative to focus on core e-commerce, booking a $1.3bn loss. The sale indicates New Retail's failure, with BABA likely to dispose of more ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Alibaba to bet big on small merchants for Singles Day with RMB 2 billion subsidies Credit: Alibaba ...
A beta version of the updated app, available to select users, adopts Taobao’s signature orange colour instead of Ele.me’s ...
SHANGHAI--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) and China’s leading retailer Bailian Group announced today the formation of a strategic partnership to explore new forms of retail ...
“Daniel (Zhang) has made exceptional contributions to the development of Alibaba Group since joining the company in 2007, and he demonstrated extraordinary leadership in navigating unprecedented ...
The retail market in China is experiencing a significant boom in sales. According to the National Bureau of Statistics in China, this market was worth RMB 39 trillion last year. The online retail ...