Black Friday may seem like a big event in the UK retail calendar but it cannot compete with the sheer scale of Alibaba's Singles' Day, which racked up more than £24bn in sales this year and is rapidly.. Marketing Week - Published
Shoppers in China and across the world snapped up items such as iPhones, furniture and milk powder starting pre-dawn on Sunday. E-commerce giant Alibaba said sales had hit £7.7 billion in the first.. MailOnline - Published
Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual.. Reuters - Published
Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual.. Reuters - Published
Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early.. Reuters - Published
China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw $25 billion worth of goods sold on its platforms alone.. Reuters - Published
With its vast and growing young population, rising incomes, and hunger for consumer goods, China looks like a fertile hunting ground for western brands.
It has the money, brands such as Coca Cola,.. City A.M. - Published
Retail giant Alibaba Group announced today that it is collaborating with Ford to create new dgitial products for the automotive industry.
As part of a three-year agreement, the two firms will work.. City A.M. - Published
SHANGHAI (Reuters) - China's Singles' Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million.. Reuters - Published
BEIJING (Reuters) - China's second biggest e-commerce company, JD.com, reported an unexpected profit in the third quarter, though it lost about 100 merchants to fierce competition in the run-up to this.. Reuters - Published