France and Alibaba join hands

France and Alibaba join hands

The French government has signed an agreement with Chinese Alibaba to boost French web shops in China, as these will now get quicker access to Alibaba's services.

Marketing support

French Minister of Foreign Affairs, Laurent Fabius, has signed a three-year deal with Alibaba which enables French web shops to go through a faster registration process at tmall.com, Alibaba's platform. They will also receive additional service and marketing support, which has already kicked in with a promotional campaign about French companies in China.

 

The Chinese online market grew 120 % between 2003 and 2011, but whoever seeks quick Chinese growth nowadays needs Alibaba's support as the company has 231 million active users and therefore controls Chinese online market.

 

Alibaba's worth is considered to be 120 billion euro and the company has filed a request to enter the New York stock exchange, where it may become the largest technological IPO ever.

Questions or comments? Please feel free to contact the editors


Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Will free home delivery disappear?

15/12/2017

A growing number of online orders also brings additional pressure on the logistical industry. Free home delivery can no longer be maintained according to research company ECC Köln. More flexible options should be installed.

Amazon brings its private labels to Europe

14/12/2017

After it introduced Amazon Prime to an increased number of European markets, Amazon is now bringing in its own FMCG private labels. Over the past few weeks, the online department store launched several private label products in Europe and it has plans for even more. 

Amazon Echo is now available in the Benelux

11/12/2017

Amazon announced it will ship its smart speaker Amazon Echo to another 28 countries, including Belgium and the Netherlands. Its own music streaming service will also get a local launch.

Luxury manufacturers can block retailers from selling on Amazon

07/12/2017

Luxury product manufactures can block retailers from selling their merchandise on online marketplaces like Amazon. The European Court of Justice has ruled on the matter after cosmetics manufacturer Coty filed a complaint.

Surge in mobile sales during Thanksgiving weekend

29/11/2017

During Thanksgiving weekend in the United States, which contains Black Friday and Cyber Monday, there was a big surge in mobile sales. Those two days saw a total sales figure of almost twelve billion dollar (just shy of ten billion euro).

Back to top