Alibaba expects to record losses of around 9.3 billion yuan related to the sale. Shares of the online shopping giant were last down 1.9% at 82.75 Hong Kong dollars in afternoon trade. The move ...
Alibaba's CEO, Daniel Zhang, sees a business opportunity to co-opt the unofficial holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late ...
19hon MSN
Apple is reportedly partnering with Chinese e-commerce giant Alibaba to roll out Apple Intelligence features for iPhones in China.
Alibaba's e-commerce platforms may have held up well during China's midyear shopping event, as smaller short-video platforms' sales growth wasn't as strong as expected, Citi analysts led by Alicia ...
Scale: Each event is a large-scale shopping holiday ... with offline than online. Size: Singles' Day is much, much bigger. In 2017, Alibaba passed $25.3 billion in sales and Amazon hit $2.4 ...
Alibaba Group Holding claimed progress in ... which began on Monday and is billed as the world’s largest online shopping festival, according to Eddie Liu, who heads marketing and branding ...
Interestingly, the sale recorded next day was of ... show on Facebook and opening pop-up stores from Alibaba. The idea is to blend online shopping with offline stores, or O2O, which already ...
Alibaba is hoping to boost sales from China’s biggest annual online-shopping event--Singles' Day--with what it claims is the world’s first virtual-reality shopping experience.
China's largest online shopping company is ramping up its presence overseas. On Sunday, retail giant Alibaba unveiled its first European store in Madrid, Spain in the city's intu Xanadú shopping ...
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