Alibaba

(Source: Alibaba) Chinese e-commerce giant Alibaba’s Xunxi digital factory has participated in the annual Double 11 shopping festival for the first time.  Xunxi will provide several merchants with consumer insights to help them better predict the market demand for their products. This also gives them room to decide what to…

Staff at a warehouse in Lianyungang, Jiangsu Province check stored goods on November 5, 2020, ahead of the Alibaba-invented Singles’ Day shopping festival. Oriental Image via REUTERS. When the Shanghai Stock Exchange announced a week ago that regulators were halting the gargantuan IPO of Ant Group, the exact reasons for the…

Chinese e-commerce giant Alibaba (NYSE: BABA) has formed a strategic cooperation with automaker SAIC Motor in the so-called automobile new retail sector on Monday, amid the industry’s recovery following the COVID-19 pandemic, 36Kr reported. Under the new retail cooperation, which combines online and offline sales, users of Alibaba’s e-commerce platforms,…

(Global Times) US singer Taylor Swift sent her best wishes to Chinese fans in a video played during the Tmall Global Double 11 Event livestream on Sunday night. Her message began trending quickly on Sina Weibo, with the related hashtag reaching 500 million views on Monday. During the pre-recorded video, the star…

Our top articles of the week look at Alibaba’s new online gaming push which is finally scoring a win and the departure of more partners from SoftBank’s Vision Fund.Read More

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Chinese e-commerce company Alibaba (NYSE: BABA) has extended its annual one-day promotion to four days in November to boost sales in the first 11.11 festival since the COVID-19 pandemic. Alibaba revealed to KrASIA that 100 brands, including Nike, Adidas, Huawei, Apple, and Perfect Diary have achieved gross merchandise volume (GMV)…

The tie-up also involves Alibaba and Richemont each investing US$250 million in Farfetch China in exchange for a combined 25% stake in a new joint venture.Read More

Rising star Inder Bassi is ready to unleash nine months of frustration when he goes up against Jack Martin on Wednesday’s action-packed MTK Fight Night. Advertisements Unbeaten fighters will collide when Bassi (2-0) faces Martin (3-0) on the huge show at Production Park Studios in Wakefield next week, live in…

There was no need for overtime in Corey Anderson’s Bellator debut as he manhandled Melvin Manhoef en route to a bloody, second-round TKO at Bellator 251. Aided by a noticeable size advantage, Anderson exploited longtime kickboxer Manhoef’s most obvious deficit with takedowns. Once on the canvas, he held half-guard and…