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Alibaba Signs Exclusive Deals With Global Brands For China Sales

Alibaba Signs Exclusive Deals With Global Brands For China Sales – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

JD.com Launches “U.S. Mall” to Offer Authentic American Products in China

JD.com Launches “U.S. Mall” to Offer Authentic American Products in China – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

China’s E-commerce Giant Makes Itself at Home in Latin America

China’s E-commerce Giant Makes Itself at Home in Latin America – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

Chinese E-commerce Giant Alibaba to Open Russian Office

Chinese e-commerce giant Alibaba, which owns what is estimated to be the world’s biggest online retailer, is opening offices in Russia in a bid to further strengthen its position in the Russian market. Alibaba Group is a Chinese company founded by Jack Ma in 1999 and made up of several online businesses. It owns AliExpress – the world’s most popular e-commerce site, which has helped...

China Internet Users’ Preference for Payment in 2014

In 2014, China e-payment system was safe, stable, and efficient in operation, its GMV kept growing as well. Besides, users’ habit of using all kinds of e-payment was rapidly cultivated. 2015 China E-payment User Report, which will be released by iResearch in the coming days, makes an analysis of the usage of the third-party Internet payment, the third-party mobile payment, online banking and...

Alibaba Unveils ‘Smart Living’ Strategy

Chinese e-commerce giant Alibaba is targeting the smart appliance market as part of its plan to build a smart living ecosystem and carve out a place in the Internet of Things market, China Business News reported. Alibaba unveiled its smart business strategy at its headquarters in Hangzhou on April 26 after the company restructured its organization and set up a smart living unit, the newspaper said. According...

Digitimes-Baidu to Launch New Online Shopping Mall, Says Report

Baidu, the largest China-based web portal, will launch Baidu Mall, an online shopping and O2O (online to offline) platform, for the local market in May, according to a China-based media report citing sources familiar with Baidu’s plans. The sources noted that Baidu has already started recruiting vendors to join the platform and these vendors will be able to start listing their products...

China’s Tencent Hits $200 Billion Market Cap for First Time

China’s Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country’s biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 ($22) in trading in Hong Kong, giving it a market valuation of $206 billion (roughly...

Xiaomi Sold Over 2M Smartphones in 12-Hour ‘Fan Festival’ Sale

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Alibaba has announced that its finance arm, Ant Financial, will set up a private internet bank in June. Ant Financial will hold a 30 per cent interest in MYbank, while the Shanghai-based Fosun Group will have a 25 per cent stake, China’s largest auto parts supplier Wanxiang Group will have an 18 per cent holding and Ningbo Jinrun Asset Management will own 16 per cent. In addition to banking...

ECNS- Alibaba Makes Move Into Auto Industry

Alibaba Group has set up an auto business division aimed at providing one-stop services ranging from sales, second-hand car transactions to motor financing, announced the e-commerce behemoth on Wednesday. The new division will integrate all motor related businesses within the Group and provide car owners with a variety of O2O (online-to-offline) motor services, said Alibaba in its micro-blog weibo...