Furniture
Swedish furniture giant Ikea has started selling its articles via Alibaba's Chinese e-commerce platform Tmall. It is the first time in its 77-year history that the furniture giant sells through a third party.
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General
Alibaba has had another record-breaking quarter, with a 38 % turnover growth and significant profit gains. However, the corona crisis may spell very bad news for the e-commerce giant.
Terry von Bibra, who has headed the European branch of Alibaba since 2016, has left the company. It is not yet sure who will succeed him.
Alibaba is trying to lure European sellers away from its American arch rival Amazon: the Chinese giant has scrapped its monthly fees and is now charging lower commissions than its main competitor.
Barely a year after our experts described "The Future of Shopping: Where everyone is a retailer", Alibaba is aiming to make exactly that happen - literally. The e-tailer is now encouraging all its (one billion!) Chinese users to open their own web shop on the platform.
Chinese e-commerce powerhouse Alibaba has released more details about the investments that logistics subsidiary Cainiao has planned for the Belgian Liège Airport. It claims to have invested than 100 million euros in the project, which should create 900 direct jobs.
Singles’ Day has once again been a great success for Alibaba: in total, consumers bought 268 billion yuan (35 billion euros) worth of goods, setting a new record. However, criticism from environmentalists of such ‘sales splurges’ is growing.
In the past quarter, Chinese e-commerce giant Alibaba once again saw a strong increase in turnover and profit. Flourishing cloud activities are at the basis of the growth, which was bigger than expected.
In ten years' time, we may well no longer know 11 November as an Armistice, but rather as a shopping holiday? If that were to be the case, it would be due to Alibaba, who this year even managed to entice Taylor Swift. Even Carrefour has come over to the idea.
Alibaba is aiming for no less than one billion active consumers each year by the end of 2024. The Chinese retail group is expected to generate more than ten trillion Chinese yuan (approximately 1200 billion euros) in gross sales.
The new generations of consumers are shopping radically different compared to their parents. This forces retailers to reinvent themselves drastically. But it's no reason to be intimidated: there are many opportunities. "Would you think Amazon offers such a great experience, maybe?
Alibaba blows out twenty candles: in 1999, Jack Ma started building his way to the top from his apartment. How did the journey from thirsty teacher to universal stardom go? And as Ma steps down, what is still in store for Alibaba?
AliExpress, an Alibaba subsidiary, has opened its first physical store in the Spanish capital Madrid. The Chinese say Spain is their major target in Europe.
Alibaba Group seems to be handling the current trade war between China and the US quite well, as its turnover and profit growth went into double figures again. Moreover, the Chinese company is preparing the acquisition of competitor Kaola.
Amazon just celebrated its 25th anniversary. In that short time, Jeff Bezos' creation changed retail forever. But more than that: the company has made an indelible mark on the global economy. Is the world getting divided between Team East and Team West?
Tmall, the online platform for Western Alibaba brands, is updating the look of its virtual shops. The new concept, Flagship Store 2.0, offers more personalisation, brand experience and augmented reality.
