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  • Alibaba revenue up 38 pct in 3rd fiscal quarter

    China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 38 percent to 161.4 billion yuan (23.12 billion U.S. dollars) for the fiscal quarter ending Dec. 30, 2019.


  • Alibaba creates "video fingerprint" to fight piracy

    China's e-commerce giant Alibaba has created a project for "video fingerprints," a technology that gives each original video a unique online identity, to fight piracy on its e-commerce platforms.


  • E-commerce giant net profits up 216 pct in 2018

    Chinese e-commerce giant Thursday announced that the company registered a net profit increase of 216.2 percent in 2018 thanks to soaring online consumption.


  • Xiaomi Youpin attempts cross-border e-commerce via Korea tie-up

    Premium online shopping site Xiaomi Youpin made its first cross-border e-commerce attempt Tuesday by partnering with Korea Agro-Fisheries & Food Trade Corp to bring in more quality imports.


  • Alibaba says no layoffs in 2019

    Chinese e-commerce giant Alibaba has pledged no layoffs this year, defying a wave of layoffs in the internet sector amid an economic slowdown.


  • Online retail sales soar in China's rural areas

    Online retail sales across China's rural areas experienced tremendous growth last year, the Ministry of Commerce (MOC) said Thursday.


  • China's rural areas surpass cities in growth of digital consumption

    Alibaba's Tuesday report shows that China's rural areas are growing faster than some first-tier cities in digital consumption.


  • CES 2019 sees less phone makers but more e-commerce giants from China

    The 2019 Consumer Electronics Show (CES 2019) held in Las Vegas during January 8-11 saw the presence of less smart phone manufacturers but the showcase of an increasing number of Chinese e-commerce giants like Alibaba and


  • China's e-commerce law to regulate market behaviors

    After five years of cautious preparation with repeated collection of public opinions and reviews, China's e-commerce law officially came into force on the first day of 2019.


  • The controversy of e-commerce: Damaging or improving the economy?

    There are many advantages like the shopping experience, which e-commerce cannot replace yet, but with the development of VR and AI, virtual shopping might not be too far away.


  • China's Single's Day sales hit 1.4 bln USD in first 2 minutes

    China's Singles' Day sales on TMall hit 10 billion yuan (about 1.44 billion U.S. dollars) at just two minutes and five seconds after midnight on Sunday.


  • China's online shopping binge predicts to smash over 30 bln USD

    Sales of China's biggest online shopping festival is projected to hit over 32 billion U.S. dollars this year, according to a report released by the global app market data provider App Annie.


  • Cross-border e-commerce takes off in new digital era

    Nov 11, or the Singles Day, the online shopping festival invented by Alibaba, is just days away, and I can't wait to see what form this year's buy-buy-buy mania will take.


  • Majority confident in upcoming e-commerce law

    About 58 percent of people believe that the e-commerce law, which will take effect in 2019, will better safeguard consumer interests, according to a recent survey.


  • S. China Hainan formulates plan for poverty alleviation through e-commerce

    South China's Hainan Province has recently formulated a three-year action plan for poverty alleviation through e-commerce.


  • China adopts e-commerce law to improve market regulation

    China's top legislators on Friday passed an e-commerce law aimed at improving regulation over the flourishing market.


  • Chinese Vice Premier urges open e-commerce markets

    Chinese Vice Premier Wang Yang on Friday called on countries throughout the world to open e-commerce markets for each other to brace for the fresh growth opportunities in emerging trade.


  • Shanghai Customs sees 45 pct surge in e-commerce import orders in 2017

    The number of cross-border e-commerce imports passing through Shanghai customs was up 45.2 percent to over 16.4 million in 2017, the Shanghai Customs said Tuesday.


  • China sees boom in rural e-commerce in 2017

    China saw a boom in e-commerce in rural areas last year as the rural population increasingly went online for business and shopping.


  • Argentinean economist amazed by Chinese e-commerce boom

    Argentinean economist Maria Cecilia Peralta amazed the boom of e-commerce in China and its massive influence worldwide, after Singles' Day on Nov. 11 reached new heights in online sales.


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