Alibaba News

Alibaba and AliExpress are Chinese marketplaces selling to China and the world
By Sasha Fedorenko November 12, 2018 - 1:43 pm

Alibaba Singles Day sets new sales records, surpassing Amazon Prime Day 2018 sales

Alibaba Singles Day sets new sales records that surpass Amazon's Prime Day 2018 sales. The retailer saw a record of $4.68bn (£3.64) sales in 10 minutes into the Singles Day, outdoing Amazon's sales of $4.2bn (£3.27bn) during its 36-hour Prime Day 2018. Overall, the Single's Day collected

Alibaba Singles Day aims to go global

Alibaba's 10th annual 11.11 Global Shopping Festival 24-hour sale generated a record-breaking RMB213.5 billion (US$30.8 billion) of sales, an increase of 27% compared to last year. During the Alibaba Singles Day event, their logistics network processed more than a billion delivery orders on the day. This

Alibaba celebrates the first decade of its Global Shopping Festival

With Alibaba's Global Shopping Festival culminating in Singles day on 11.11, Nenad Cetkovic, COO of Lengow takes a look at the events so far this year and what to expect on Sunday: The festivities are underway! On Friday, October 19th at 11:11 am, Alibaba kicked off

Single your business out for retail success on Singles’ Day

Jake Trask is an FX Research Director at OFX. where he helps online sellers with overseas payments. Today he shares his top tips for small businesses preparing for Singles’ Day: Taking place on the 11th November and promoted by China’s ecommerce giant Alibaba, Singles’ Day is

Alibaba activities to combat fakes and counterfeit products

Alibaba was once almost synonymous with fakes and counterfeit products. This was in many ways an undeserved reputation and the problem was more a China problem than an Alibaba issue. Chinese consumers have changed however and as a new middle class became more affluent the

Singles’ Day is coming on 11th November

The biggest online shopping day of the year around the world is Singles' Day. It's a Chinese celebration and retail event that comes around every year on the 11th of November. It started in China before the internet was ubiquitous and also offers hook for

Alipay has 700 million users

Alibaba's payments system, Alipay, which is operated by Ant Financial has reported that they now have 700 million active users. That's an increase of 200 million users in the past year. Ant Financial’s executive chairman and CEO Eric Jing revealed the number of active users

Alibaba’s Ant Financial launches new suite of tech tools for businesses

Ant Financial, which is a division of Asia's biggest company Alibaba, has announced they will be offering a new suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering

Ecommerce in China expected to value $1.8tn in 2022

The value of ecommerce in China has been predicted to to reach $1.8tn in 2022 according to a new report by Forrester called 'Ecommerce in China: Trends and Outlook for The Largest ecommerce Market in The World'. This means that the Chinese ecommerce market will be