Tmall

Alibaba Merges Global and Domestic eCommerce Businesses
Alibaba Merges Global and Domestic eCommerce Businesses
November 21, 2024  |  eCommerce

Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. According to a Thursday (Nov. 21) securities filing, the new Alibaba E-commerce Business Group...

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Alibaba to Bring Tmall eCommerce Site to Europe
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023  |  eCommerce

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...

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Alibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered...

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HSBC, Alibaba Link Up On Quick eCommerce Loans
HSBC, Alibaba Link Up On Quick eCommerce Loans
March 20, 2020  |  Loans

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group, have announced they will offer rapid finance approvals to online...

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Alibaba Group’s Retail Sales Surge 38 Pct In Q4
Alibaba Group’s Retail Sales Surge 38 Pct In Q4
February 13, 2020  |  Earnings

In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19...

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Amazon Seeks China Market Share With New Store On Pinduoduo
Amazon Seeks China Market Share With New Store On Pinduoduo
November 24, 2019  |  Amazon

A source told Reuters on Sunday (Nov. 24) that Amazon is opening a store on the Chinese eCommerce site Pinduoduo.  Amazon closed its marketplace in...

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Singles Day Breaks Record With $38B In Sales
Singles Day Breaks Record With $38B In Sales
November 11, 2019  |  Retail

Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by...

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Alibaba Boosts Stake In Cainiao With $3.33B Investment
Alibaba Boosts Stake In Cainiao With $3.33B Investment
November 08, 2019  |  Delivery

Two years after acquiring a majority stake in the firm, Alibaba plans an additional investment of roughly $3.33 billion in logistics affiliate Cainiao to increase...

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China Tells eCommerce Companies To Stop Acting Like Monopolies
China Tells eCommerce Companies To Stop Acting Like Monopolies
November 06, 2019  |  ANTITRUST

Regulators in China have told eCommerce companies like Alibaba and JD.com to stop a monopolistic practice that makes merchants sign exclusive agreements, preventing them from...

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