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Alibaba earnings: Expect a boost from better spending trends in China

E-commerce site Alibaba Group Holding Ltd. is expected to benefit from improved spending trends in China. According to the National Bureau of Statistics of China, e-commerce sales growth has grown to 41% year-over-year for the second quarter of the calendar year, up from 37% in the previous quarter. MKM Partners predict that this macro growth will add 400 basis points ... Read More »

Alibaba Appears to Dominate B2B in India

Indian B2B trade platforms have been around for some time.  TradeIndia and IndiaMart took advantage of the internet to cater to this segment of users when few really understood how to even approach the internet. Later still, companies like WYDR came around that tried to simplify B2B trade even further. The following graphs provide an overview of how reach by ... Read More »

Alibaba Is Taking On Alexa, Google Home, DingDong and Little Fish with New Smart Speaker

In its latest effort to keep up with its American big brother Amazon, Alibaba has announced the debut of its own smart home speaker. With this addition, each of the Frightful Five will have its own voice-controlled speaker:  Amazon with its Echo family of devices; Google with the Home speaker; Apple with its new HomePod; Microsoft with the Cortana-powered Invoke ... Read More »

Alibaba to Bring US Businesses Online to China

Riding on the coattails of its first annual conference in Detroit aimed at connecting U.S. businesses with Chinese consumers, Alibaba Group has launched a new website to support the effort. Dubbed the Taobao Global U.S. Merchants Network, the company said it will provide small and medium-size businesses in the U.S. with access to more than 500 million consumers that are ... Read More »

ONLINE & MOBILE INDUSTRY 1ST HALF 2017 Mergers and Acquisitions Trend Report

M&A MARKET OVERVIEW: 1ST HALF 2017 KEY HIGHLIGHTS The largest E-Commerce deal in 1st Half 2017 was PetSmart’s acquisition of Chewy, an online retailer for pet products, for $3.35 billion. There were 242 fi nancially sponsored transactions with an aggregate value of $17.74 billion, representing 17 percent of the total volume and 32 percent of the total value, respectively. 1ST ... Read More »

E-commerce:  Amazon To Invest More In India

Jeff Bezos, the chief executive of Amazon, plans on continuing to invest in India in an effort to stay in lockstep with competitors who have been pouring billions of dollars into companies in the country. Softbank and Alibaba are two examples of companies that have been investing in India with the two backing Paytm, India’s leading digital payment company. Meanwhile ... Read More »

Alibaba Raises Ownership of Lazada to 83%

Alibaba Group is raising its bet on populous Southeast Asia, a region that is home to more than 600 million consumers. The e-commerce company announced it would plough an extra $US1 billion ($1.31bn) into Southeast Asian e-commerce firm Lazada Group, raising its stake to 83 per cent, from 51 per cent. Alibaba had paid $US1bn for a controlling stake in ... Read More »

Alibaba Details Its Plans for Worldwide Growth

Alibaba (BABA) executive chairman Jack Ma recently made the bold prediction that Alibaba would hit $1 trillion in gross merchandise value (GMV) by the 2020 fiscal year, and eventually serve two billion customers by 2036.  Although Alibaba currently dominates the enormous Chinese market, achieving such lofty goals obviously would require a significant global expansion. “If a company can serve two ... Read More »

Mobius Exhibits at IRCE 2017 – Announces Launch of ProductiWise

Indian-based data solutions provider, Mobius, is participating at the IRCE (Internet Retailer Conference and Exhibition) 2017, in Chicago, between June 6-9, 2017, where they will also be launching their intuitive, bot-enabled product data platform ProductiWise.  This launch marks Mobius’ foray into the data solutions space in the e-Commerce sector. Data’s influence has impacted every aspect of business, including e-Commerce. By ... Read More »

Global Sources to be Privatized and Sold to Blackstone

NASDAQ-listed Global Sources announced the company has entered into an agreement “of amalgamation with Expo Holdings I Limited and Expo Holdings II Limited.” Initially, it was announced that under the terms of the agreement, all outstanding shares of Global Sources would be converted into the right to receive US$18.00 per share when the deal closes. Then later in the week, ... Read More »

The Alibaba Effect: When Private Sector E-Commerce Becomes Embedded in Trade Agreements

E-Commerce at the Highest Level: Alibaba Group and Argentinian Government Form Partnership to Boost Trading Opportunities Alibaba Group, the world’s largest online and mobile commerce company, and the Government of Argentina, signed a Memorandum of Understanding (MOU) today to build new trade opportunities, tapping into the enormous potential of the Chinese consumer market. A range of Argentine produce is highlighted ... Read More »

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies with BIIA being part of it. Developed under the theme “Building ... Read More »

Tencent Jumps into India’s E-commerce Frenzy

On April 10, Flipkart announced that Tencent, along with Microsoft and eBay, had poured $1.4 billion into the Indian online retailer.  This happens to be the largest amount ever raised by an Indian internet company in a single round.  It also marks Tencent’s arrival in the thick of India’s frenzied e-commerce battle, where homegrown Flipkart is attempting to stave off ... Read More »

Alibaba’s Ant Financial to Develop Services in Indonesia as Global Expansion Continues

Ant Financial, the fintech company affiliated with Alibaba, is continuing its global expansion. The firm has taken its first official step into Indonesia today after it announced a joint venture to develop local financial services.  The company has partnered with conglomerate Emtek, Indonesia’s second largest media firm and an investor in -major e-commerce player Bukalapak, to enter Indonesia, which is ... Read More »