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Alibaba’s Marquee Business Shrinks Amid Consumer Malaise

(Bloomberg) -- Alibaba Group Holding Ltd. posted an anemic 4% rise in revenue after its Chinese commerce business shrank for the first time in...

The Olympic influence on shopping – ChannelX

Brands and goods from the Olympic host country of France are seeing an uptick in popularity as the competition unfolds. Data from Alibaba’s ecommerce...

Alibaba to sell AI technology aimed at small- to mid-sized businesses

Alibaba will release an AI sourcing platform. Alibaba International is following in the footsteps of other retail giants by developing an artificial...

Beijing’s office leasing market mired in a downward spiral

“Office rents in the central business district have declined by 20 to 30 per cent from a year ago because the economy is bad,...

Retailing pioneer adds reinvented MDL Wholesale to IPO shopping list – Bamboo Works – Where China Stocks meet global investors

The provider of wholesaling services for retailers has filed to list in Hong Kong, but its heavy reliance on parent company Wumart Group has...

Midyear shopping fest flop clouds China’s retail outlook

Retailers in China confront...

Chinese e-commerce sales up 14% for 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...

Alibaba touts 618 shopping festival sales, a sign of brighter outlook

Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after...

Alibaba works with Douyin to attract new users ahead of midyear shopping festival

Alibaba Group Holding’s Taobao and Tmall Group is working with ByteDance-owned Douyin to attract users from the Chinese short video platform, as the e-commerce...

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