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Alibaba.com reports 101 pct growth in transaction turnover in 2020
Alibaba.com, an online business-to-business (B2B) marketplace for global wholesalers under Alibaba Group, reported on Thursday that the paid-in turnover of transactions through the marketplace surged 101 percent year on year in 2020.
Spotlight: China's "Air Silk Road" demonstrates huge potential
China's Singles Day on Nov. 11 is the world's biggest 24-hour online shopping event. On that day, visitors to the Belgian e-commerce website facealacrise.be were welcomed by the above note, which invited them to explore a myriad of high-quality products on offer from Chinese retailers.
Lazada makes new Singles' Day shopping festival record
Alibaba Group's Southeast Asia flagship platform Lazada has made a new record for Singles' Day shopping festival once again, with more than 40 million users and 400,000 brands and sellers participating in the one-day sales event this year across the region.
Alibaba revenue up 30 pct in Q2 of 2021 fiscal year
Chinese e-commerce giant Alibaba said that its revenue surged 30 percent year on year to 155 billion yuan (about 23 billion U.S. dollars) in the second quarter of its 2021 fiscal year.
50 Kazakh companies to be trained to promote products on Alibaba: trade official
A total of 50 Kazakh companies will have been trained by the end of this year to get registered and promote their products on Alibaba.com, a B2B platform owned by China's e-commerce giant Alibaba Group, a senior Kazakh trade official has said.
Alibaba's Cainiao to cooperate with Atlas Air to enhance logistics capability
Alibaba's Cainiao Smart Logistics Network Limited, one of China's courier giants, signed a cooperation agreement Tuesday with American freight transport airline Atlas Air Worldwide Holdings, Inc. to enhance its logistics network.
Alibaba's online marketplace launches annual shopping festival
Tmall, Alibaba's online marketplace, will launch its annual shopping bonanza known as the Singles Day sale on Wednesday, the company announced Tuesday.
Alibaba acquires controlling stake in hypermarket chain Sun Art
Chinese e-commerce giant Alibaba Group on Monday announced that it will invest approximately 3.6 billion U.S. dollars to acquire control of Sun Art Retail Group Ltd., a leading hypermarket and supermarket operator in China.
Alibaba's Taobao launches new shopping festival to sell goods at low price
Taobao Tejia, a dedicated app to target China's lower-end users who are more price-sensitive, officially launched a new shopping festival last Saturday.
Bank of China, Alibaba, Ant Financial establish partnership
Bank of China (BOC) on Monday signed a strategic cooperation deal with Chinese e-commerce giant Alibaba and fintech firm Ant financial to develop a new ecosystem in the internet and financial sectors.
Cainiao, Russia’s AirBridgeCargo jointly open new air cargo route to promote China-Europe trade cooperation
Cainiao Network, the logistics arm of Alibaba Group, and Russia-based AirBridgeCargo Airlines have jointly opened a new China-Europe air cargo route recently in an effort to enhance China-Europe trade cooperation.
COSCO Shipping partners with Alibaba to promote digital transformation of shipping industry
China COSCO Shipping Co. signed a strategic cooperation agreement with Alibaba Group and its affiliate Ant Technology Group on Monday to carry out in-depth cooperation based on the global shipping logistics network in a move to push forward the digital transformation of the shipping industry, the Xinhua-run Shanghai Securities News reported on Monday.
Alibaba, Galanz team up to accelerate home appliance industry upgrading
China's e-commerce giant Alibaba signed a cooperative agreement with home appliance makers Galanz on Monday in a bid to promote the innovation and upgrading of home appliance industry, reported the Xinhua-run cnstock.com.
Ministry, Alibaba sign strategic agreement to implement rural vitalization strategy
Ministry of Agriculture and Rural Affairs and China's e-commerce giant Alibaba Group have recently signed a strategic cooperation agreement to jointly promote implementation of the rural vitalization strategy.
Zhengzhou joins hands with Alibaba to promote digital city construction
Municipal government of Zhengzhou, capital city in Central China’s Henan province, has recently clinched a strategic cooperation agreement with Alibaba, China's e-commerce giant, to promote the construction of a digital city, the Xinhua-run Shanghai Securities News reported on Wednesday.
E.China's Anhui Province works with Alibaba to strengthen digitalization
Provincial government of Anhui in east China on Monday signed a strategic cooperation agreement with Alibaba, China's e-commerce giant, to strengthen digitalization.
Alibaba launches shopping festival for intangible cultural heritage
E-commerce giant Alibaba launched its first shopping festival designed to promote intangible cultural heritage (ICH) on China's Cultural and Natural Heritage Day, which falls on the second Saturday of June.
Alibaba, Yiwu city team up for online small-commodities trade show
A trade show featuring small commodities will go online in August, according to a cooperation agreement between Alibaba.com and the commerce bureau of Yiwu, a city dubbed the "World's Supermarket."
Luxury brands are growing fast at the Alibaba's shopping festival
The Chinese online shopping giant recorded an increase in the participation of brands in the 6.18 shopping festival compared to the Single's day in November, the last major event of last year.
Alibaba's online market to sponsor 100,000 influencers worldwide
AliExpress, a global online retail marketplace and part of Alibaba Group, announced on Thursday that it will empower over 100,000 content creators and influencers worldwide to bring new jobs and help them generate incomes to recover from the global economic downturn caused by COVID-19.
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