Alibaba
International News
Alibaba's drones deliver packages to Chinese islands
Chinese e-commerce giant Alibaba has said that it has used drones to deliver packages over water for the first time.
Three unmanned aerial vehicles (UAVs) carrying six boxes of passion fruit with a combined weight of around 12 kilograms flew from Putian in China's eastern Fujian...
Food
Why supermarkets are on a shopping spree
The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...
International News
140,000 brands to be part of Alibaba's shopping fest
IANS -
Chinese e-commerce giant Alibaba's 11.11 Global Shopping Festival, an annual sales event held on November 11, will witness the participation of over 140,000 brands this year, the firm said.
"Over 140,000 brands will participate in this year's 11.11 festival, offering...
International News
BRICS account for 47 per cent of global online retail sales
IANS -
BRICS countries account for 47 per cent of the global online retail sales surpassing US $876 billion in 2016, a new study revealed on Thursday.
According to the study released by the Ali Research Institute affiliated with China's e-commerce giant...
Food
Alibaba's Ele.me acquires food delivery unit of Baidu
Alibaba-backed Chinese food delivery firm Ele.me will take over the food delivery unit of search engine giant Baidu for US $800 million.
In a short statement announcing the news, Baidu said that Xiaodu is now a subsidiary of Rajax and...
Food
Paytm may join forces with Alibaba to invest US $200 mn in BigBasket
Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI.
According to a PTI report: The companies...
International News
Alibaba increases stake in e-commerce platform Lazada
Alibaba Group Holding Limited (NYSE: BABA) announced that it will invest approximately USÂ $1 billion to increase its stake in Lazada Group, the leading e-commerce platform in Southeast Asia, from 51Â per cent to approximately 83Â per cent. This transaction demonstrates the...
Retail
Rethinking Retail: Shift from static to agile
The world around us moves at a relentless pace. Change is constant and while it can sometimes be scary, it isn't going away. Constant flux is the new normal and India's retail industry must evolve to establish new forms of relevance.
It isn't surprising to...
Retail
Is the rise of e-commerce helping affiliate marketing players?
India’s e-commerce industry has witnessed a major breakthrough in the last few years. Increasing Internet penetration, safe and secure payment modes along with aggressive marketing strategies have all played a significant role in the booming e-commerce sector. With digitization...
International News
Alibaba launches new sales channels in Malaysia, Singapore, Hong Kong and Taiwan
Chinese e-commerce firm Alibaba on Monday announced that it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan, in an effort to gather new users in the region.
In Hong Kong, Alibaba will expand its product categories...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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