Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao and Tmall Group showed strength. Speaking during the earnings call, CEO Daniel Zhang said, “We reported a very good quarter....
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 the Viva Tech conference in Paris, Evans revealed that the company’s move into Europe reflects a significant shift in strategy...
China’s market regulator is asking some eCommerce firms, like Alibaba-owned Taobao and Pinduoduo, to remove online shops with false quality reports, U.S. News reported. In addition, the State Administration of Market Regulation asked that local regulators in the Shanghai municipality or Zhejiang province, where the...
A Chinese software developer used web-crawling software to scrape 1.1 billion pieces of data from Alibaba’s Taobao shopping platform, the Wall Street Journal (WSJ) reported on Tuesday (June 15), referring to a court verdict in China. The data leak included user IDs, mobile phone numbers...
October 20, 2017
“When in Rome, do as the Romans do.” That ancient proverb holds true today, wherever one goes — especially if one is trying to take its business international. PingPong chief business officer Ning Wang said the biggest mistake companies make when trying to launch in China is changing little about their product or business model other […]
November 21, 2024
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 melds together the company’s Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group. Fan Jiang, CEO of Alibaba International Digital Commerce Group, will become chief executive of […]
August 10, 2023
Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao and Tmall Group showed strength....
June 15, 2023
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 the Viva Tech conference in...
July 08, 2021
China’s market regulator is asking some eCommerce firms, like Alibaba-owned Taobao and Pinduoduo, to remove online shops with false quality reports, U.S. News reported. In addition, the State Administration of...
