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Alibaba and Thailand Sign Agreement to Help Thai SMEs

China’s leading e-commerce company, Alibaba Group’s Executive Chairman Jack Ma and Thailand’s Deputy Prime Minister Somkid Jatusripitak signed a Letter of Intent for Thailand and Alibaba to cooperate to develop e-commerce in Thailand. The agreement covers four key areas: Alibaba will offer e-commerce training to Thai SMEs to aid their access to domestic and international e-commerce platforms; Thailand and Alibaba ... Read More »

Alipay and Commonwealth Bank of Australia to Provide Innovative Payment Solutions

Both companies will provide innovative payment solutions Chinese tourists and students will have another alternative way to pay for goods and services while in Australia, thanks to a new agreement inked on Monday by Commonwealth Bank of Australia and China’s Alipay. Under the new memorandum of understanding (MOU) Alipay.com, which is operated by Ant Financial Services Group, an affiliate company ... Read More »

China Creates Monitoring Center for Oversight of Cross Border E-commerce

A national quality monitoring center for cross-border e-commerce was launched on October 27, 2016 in Hangzhou, China’s e-commerce capital. The online system, approved by the General Administration of Quality Supervision, Inspection and Quarantine in June 2015, went into operation after more than a year’s preparation. The platform will form a big data center to monitor cross-border e-commerce and will have ... Read More »

Amazon and Alibaba Battle It Out for India’s B2B E-Commerce Market

It looks like Amazon and Alibaba will do whatever it takes to win in India.  After battling it out in the online consumer retail space for several years now, the two companies are all set to compete for the country’s Rs19.13 lakh crore ($287 billion) business-to-business (B2B) e-commerce segment. Jeff Bezos-led Amazon has infused Rs115 crore into its wholesale business ... Read More »

Alibaba Ramps Up B2B commerce Play in India to Aid Sellers on its Platform

Alibaba is partnering with DHL and Delhivery for providing domestic and international logistics support to Indian sellers. It’s also offering financial aid through its tie-ups with Aditya Birla Group’s NBFC arm, IDFC Bank and Kotak Mahindra Bank. Vinay Bhartia, senior VP at Alibaba, is spearheading the B2B platform in India. In the first phase, Alibaba is looking to tap SMEs ... Read More »

Alibaba’s e-Commerce APP has a Social Network Facebook would Love

Alibaba has tried to shake the perception that it’s just the eBay or Amazon.com of China by pushing into social media and entertainment and actively investing in startups like Snapchat. Alibaba’s Taobao mobile app, which allows users to join chat groups dedicated to fishing and more, book travel tickets, read the news, order takeout-and, yes, buy stuff. To the Western eye, ... Read More »

Alibaba Group and Austrade Form Strategic Collaboration

Alibaba Australia and the Australian Trade and Investment Commission (“Austrade”) signed a strategic collaboration agreement today to strengthen trade opportunities by expanding the variety of Australian products sold to some of Alibaba’s hundreds of millions of Chinese consumers through Alibaba’s e-commerce platforms. The agreement aims to broaden Alibaba’s existing partnership with Austrade by providing dedicated services for Australian products and ... Read More »

Alibaba to Expand Investment in ASEAN

Alibaba will boost investment and development in ASEAN, according to founder and chairman Jack Ma.  Alibaba will “participate in the development of local small- and medium-sized enterprises and young people,” said Ma at the opening ceremony of the 13th China-ASEAN Expo in Nanning, which runs from Sunday to Wednesday. He did not, however, elaborate or share any specific plans.  China-ASEAN ... Read More »

Alibaba Group and Canadian Government Sign Cooperation Agreement

Alibaba Group Executive Chairman Jack Ma and Canadian Prime Minister Justin Trudeau recently unveiled a declaration of cooperation that will strengthen efforts to promote trade between Canadian small and medium-sized businesses and Chinese consumers. “Today, I am pleased we are formalizing our efforts to have Alibaba serve as the gateway to China for Canadian businesses of all sizes,” Mr. Ma ... Read More »

Rakuten Acquires Fablic, Provider of C2C Marketplace App FRIL

Rakuten Inc has acquired a 100% stake in Fablic, provider of FRIL, a consumer-to-consumer (C2C) marketplace mobile app and has made the company a wholly-owned subsidiary. The acquisition price is undisclosed. The C2C e-commerce market continues to shift toward mobile services that make buying and selling simpler. Japan is also seeing an increase in popularity in C2C marketplace platforms that ... Read More »

Australia is the Next Stage for Alibaba’s Global Expansion

Recently, Alibaba announced that it will open its first office in Melbourne, Australia, as it plans to expand its presence internationally. This expansion is part of the company’s globalization strategy to reach two billion customers in the next two decades. 1300 Australian brands are already sold through Alibaba’s online stores and the company is well known in the region. By ... Read More »

Alibaba: Now a Mobile Business

China-based e-commerce giant Alibaba posted robust Q2 2016 results as the company’s revenue and gross merchandise volume (GMV) continued to take off. Alibaba managed to show this strong growth despite issues surrounding the presence of counterfeit goods on its marketplaces. Alibaba’s Q2 results demonstrate the company’s massive presence in the e-commerce industry: Total revenue during Q2 2016 grew 59% year-over-year ... Read More »

Alibaba Floats Airport Free-trade Zone in New Zealand

Alibaba has floated a proposal for a free trade zone to be created in Auckland near to the airport. Alibaba president Michael Evans promoted the idea to senior Cabinet ministers during a recent visit to New Zealand. Trade Minister Todd McClay says the proposal “merits further consideration”. McClay indicates that if it results in goods flowing more easily across borders ... Read More »

Alibaba Launches Internet-enabled Smart Car

Chinese e-commerce giant Alibaba introduced its first automobile last week, the RX5 sport utility vehicle, set to be delivered to customers in August. The company called the vehicle, made with Chinese carmaker SAIC, the first “Internet car” in a news release.  It will run software developed by Alibaba’s YunOS division to connect with other smart devices, the company said. It ... Read More »

Alibaba Launches Summit to Address Fake Products

The Alibaba Group held an inaugural Rights Holders Collaboration Summit as part of a new drive to display its determination to fight against counterfeits and Intellectual Property (IP) infringement on the group’s online platforms. The summit attracted more than 100 domestic Chinese and international brands and trade associations, including Louis Vuitton, Apple, the Chinese British Business Council (CBBC) and the ... Read More »

Alibaba Cloud Expands Singapore Data Center

Alibaba Cloud, the cloud computing arm of Alibaba Group (NYSE: BABA), announced recently that it has expanded its data center operations in Singapore with the establishment of a second availability zone. In September 2015, Alibaba Cloud established a data center in Singapore to provide enhanced cloud and big data services across Southeast Asia. The establishment of a second availability zone ... Read More »

Using Analytics to Turbocharge China’s e-Commerce Performance

McKinsey&Company has recently issued an article on the subject of analytics to turbocharge China’s e-Commerce performance which makes interesting reading: “Facing market saturation and more selective consumers, online retailers will need to make better use of data analytics to gain ground. China’s online retail market is the world’s largest, and e-commerce now accounts for more than 13 percent of the ... Read More »