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alibaba

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19 June

Alibaba and JD.com handle a record $136.51 billion during 618 event

  • Categories Retail News, Top News
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China’s two biggest e-commerce giants Alibaba and JD.com handled $136.51 billion of sales through their platforms during one of the country’s biggest shopping events. Known as 618 because it falls on June 18, the …

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10 March

IKEA partners with Alibaba to open the first virtual IKEA store on Tmall

  • Categories Retail News, Top News
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IKEA and Alibaba on Tuesday announced the opening of the IKEA virtual store on Alibaba’s e-commerce platform Tmall. This is the first time IKEA will offer its products and home …

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05 December

More crowds for second AliExpress store

  • Categories Retail Design & New Openings
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It’s a little under three months since Europe’s first AliExpress store, from Alibaba, opened in the Xanadu shopping centre on Madrid’s southern flank. Now a second branch has opened, in …

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14 November

Alibaba smashes Singles Day record with $38.4B in sales

  • Categories Innovation & Technology, Top News
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On Singles Day, Alibaba’s international shopping event, the Alibaba Group generated 268.4 billion yuan ($38.4 billion) in gross merchandise volume, a 26% jump from 2018. The top five countries selling …

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11 September

Jack Ma officially retires as Alibaba’s chairman

  • Categories Innovation & Technology, Top News
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Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO, Daniel Zhang. The transition was announced a year ago. Ma will continue serving …

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02 September

AliExpress opens first physical store in Madrid

  • Categories Retail Design & New Openings, Top News
  • Comments 0 comment

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. The 740 sqm store in Madrid offers products of …

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alibaba
06 December

“Singles Day’s” Dirty Little Secret

  • Categories Retail News, Survey & Insights
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In one minute and 25 seconds, Alibaba scored shock and awe sales of $1 billion. Say again!!? Not only that, sales exceeded $10 billion in five minutes and 21 seconds …

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