Alibaba

Poor results for Tencent and Alibaba: Tech giant Tencent 腾讯 has reported revenue for the third quarter of 140.09 billion yuan ($19.87 billion), a year-on-year decrease of 2%, and profit attributable to equity shareholders of 32.25 billion yuan ($4.57 billion), an increase of 2%. Earlier today, Alibaba 阿里巴巴集团 also announced…

North West police have urged motorists to be cautious of hijackers posing as police officers. PHOTO: Brenton Geach/Gallo Images via Getty North West police have urged motorists to be cautious of hijackers who pose as cops.The warning comes after bogus traffic officers hijacked a motorist on the R501, near Potchefstroom.The…

An employee works at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 13, 2022. Toru Hanai | Bloomberg via Getty Images In Japan, the Nikkei 225 lost 0.92% to 27,006.96 and the Topix shed 0.51% to 1,895.41. The S&P/ASX 200 in…

E-commerce has been a booming retail market in many countries for several years, but in the Middle Eastern region this trend only really started to pick up steam in the last couple of years due to the COVID-19 pandemic. Even so, research by global e-commerce firm Shopify has shown that…

Alibaba‘s e-commerce platform Taobao will update its version for elderly people ahead of Tmall Double 11, the annual Shopping Festival will kick off pre-sales at 8 p.m. on October 24. The exclusive human customer services will be available for Taobao users when they switch to the updated elderly mode, helping…

CIW / Retail & E-commerce / Alibaba to shorten presale period of this year’s Double 11 festival October 13, 2022 By CIW Team This year, Alibaba’s Tmall Double 11 pre-sale will start at 8:00 p.m. on October 24. Compared with the pre-sale started on October 20 or 21 in previous…

Alibaba’s logistics arm Cainiao is adding 100,000 temporary workers ahead of an anticipated delivery rush for Singles Day 2022, China’s biggest online shopping festival. Home delivery and “green logistics” are the focus of this year’s Singles Day services for Cainiao, the firm has claimed, as it looks to promote nearly…

Posted inNews Feed Alibaba’s grocery chain Freshippo withdrew its group buying business from Hangzhou and Nanjing on Oct.10, leaving Shanghai as the only city to operate the business for now. The firm’s group-buy unit was considered the most important strategy for Freshippo when it launched in 2021. In April, the…

E-commerce behemoth Amazon.com has stopped work on its “Scout” parcel delivery robots. “During our limited field test for Scout, we worked to create a unique delivery experience, but learned through feedback that there were aspects of the program that weren’t meeting customers’ needs,” an Amazon spokesperson said. “As a result,…

More than 10,000 livestreamers in China’s rural areas participated in Alibaba’s a week-long livestreaming Harvest Festival, driving its local economy with the leverage of the trending technology. The livestreaming event, sponsored by Alibaba‘s philanthropy division and Taobao Live, attracted not only the top influencers from Taobao but also the village…