Tmall
Big Grid
The top 3 global online marketplaces which accounted for nearly 2/3s of $2.67 tn 2020 GMV
Online marketplaces around the world enjoyed stratospheric growth in 2020. According to the research data analyzed and published by ComprarAcciones.com, the top 100 online marketplaces globally posted sales worth $2.67 trillion in 2020. Compared to 2019, that marked a 29%...
International News
Alibaba Singles’ Day sales jump 24.3 pc to US$ 38.3 bn, sets new record
IANS -
Setting a new record, Chinese e-commerce giant Alibaba has posted 24.3 percent jump in total sales to US$ 38.3 billion during the 11th edition of mega Singles' Day shopping event.The high-double digit growth in the Global Shopping Festival, branded...
International News
Alibaba kicks off 2019 11.11 Global Shopping Festival
Alibaba Group Holding Limited kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on 'new consumption,' 'new business' and actively contributing to a greener society.“Our goal is to stimulate...
International News
Tapestry announces strategic alliance with Alibaba’s Tmall; continues to drive digitial innovation in China
Tapestry will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month. The upgraded platform will provide Tapestry’s brands with powerful tools to feature customized content, and...
International News
Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China
Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand from consumers in less-developed cities for quality products.This 6.18 was the most-inclusive ever, with over 200,000 brands taking part. Innovative...
Retail
New Retail: Using data tech for seamless engagement between online and offline
Shilpa Ahuja is always pressed for time. There’s work and then there’s home! And when she’s home, she wishes she had some help sourcing fresh fish and cooking it for dinner. But then, no supermarket in Bengaluru, the city...
International News
Alibaba CEO Zhang to succeed Jack Ma as Chairman
IANS -
Chinese e-tailer Alibaba Group's Chief Executive Daniel Zhang will be the new chairman, succeeding its co-founder Jack Ma from September 10, 2019, the global firm announced on Monday."Ma will continue as the executive chairman of the company over the...
Fashion & Lifestyle
H&M launches dedicated store at Alibaba’s Tmall
H&M has launched a dedicated store at Alibaba's Tmall. With Tmall’s unique and strong position in Mainland China, this partnership is an important complement to H&M’s over 400 physical stores and HM.com Shop Online.“We are very happy to extend...
Latest News
Smartphones could drive de-cashing in India: Chinese media
Post the demonetization of high value notes, India quite literally embarked on cashless economy with an exponential increase in number of consumers and merchants using mobile wallets. And now, it seems, the World cannot stop noticing it.
As per a...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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