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Alibaba News

Alibaba and AliExpress are Chinese marketplaces selling to China and the world
By Sasha Fedorenko February 26, 2019 - 11:00 am

‘We’re like Amazon, Facebook and Google in China:’ Alibaba CMO

"We are like the combination of an Amazon, a Facebook and a Google in China, " is how Alibaba CMO summaries the company's three-pronged ethos. Speaking at ad-marketing event in Kochi, Chris Tung, CMO of Alibaba said that the company developed across many areas to represent

Adidas’ Ultraboost 19 make global debut on Alibaba-owned Tmall

Adidas' Ultraboost 19 have launched on Alibaba-owned Tmall. The exclusive release of Adidas' trainers shows the Tmall's reputation as a trusted partner which connects brands to the Chinese market. “Digital and ecommerce is one of Adidas’ strategic priorities. This is why we look to cooperate with Tmall,

AliExpress see a Turkish merchant expand their offering to 90 countries

AliExpress, an online marketplace of Alibaba saw a Turkish merchant expand their offering to 90 countries. AliExpress saw Turkish small and medium-sized enterprise (SME) reach the global arena. One of the largest Turkish fashion brands, Trendyol which recently started selling on the marketplace saw an international

Alibaba’s Ant Financial buys UK’s WorldFirst

WorldFirst is now part of Alibaba's Ant Financial group in what's thought to be a deal in the region of $700m. In order to clear the deal, it's now clear that WorldFirst divested their US operations to side step US regulatory scrutiny as Shareholders approved

Chinese online retail to be ‘double the size’ of the US market

Chinese online retail look set to reach a "double the size" of the US market in three years, says new research by Forrester. The ecommerce market is expected to hit $1.8tn (£1.4tr) in 2022, suggests report by The ecommerce in China: trends and outlook for the

Alibaba revenue sees the slowest growth in three years as Trade War bites

Alibaba revenue saw the slowest growth since the third quarter of fiscal 2016 as the result of the US-China trade war keeping shoppers away during the peak trading season. The marketplace announced their quarterly results today in which they took a positive stance on their financial performance. In what

US-China trade war: Alibaba hits back at the US over ‘unfair’ treatment of Huawei

Alibaba hit back at the US's "unfair" treatment of technology company Huawei after the country tried to limit the tech leader's access to Western markets, in what increasingly looks like a US-China trade war. The marketplace said last Friday that the manipulation of Huawei's trading in international markets

Alibaba offers pay later solution for the US sellers buying merchandise

Alibaba have announced the launch of pay later solution for the US sellers buying merchandise on the marketplace. The new financial service, which is powered by Kabbage, a payments supplier is designed to promote a business-to-business (B2B) global trade and attract more US merchants to join the

This year in marketplace trends: what to expect from 2019?

What will this year hold for marketplace sellers? Understanding which direction the market is moving can help merchants plan their strategies for a successful trading year. Today Tamebay will look at the main marketplace trends that look set to take off in 2019. Cross-border consumption, cross-border expansion Borders are merging