Alibaba said its Singles’ Day gross merchandise volume was in line with last year, while rival JD.com said its promotion this year achieved ‘record-breaking’ results. Source link
Read More »China’s ‘Lipstick King’ Austin Li Jiaqi abruptly halts Taobao live-streaming show
The snafu has put pressure on Li, who has more than 64 million followers, to make up for the amount of sales lost on Friday in his next live-streamed shows. Source link
Read More »Alibaba said to push direct online retail model amid increased competition
Alibaba Group Holding plans to introduce a direct online retail model to complement the operations of its flagship platforms Taobao Marketplace and Tmall, according to a Chinese media report, in a move that would bolster its core e-commerce business amid increased competition and weak consumer spending on the mainland.A new …
Read More »Alibaba restructures back-end operations of Taobao, Tmall
Alibaba Group Holding has restructured the back-end operations of its core Chinese online retail platforms Taobao Marketplace and Tmall, as the e-commerce giant moves to bolster its lead in the world’s second-largest economy amid increased competition and tightened regulation.The reorganisation involves the establishment of three new operation centres for both …
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