Home » Industry » E-Commerce (page 4)

E-Commerce

Alibaba Opens Japan Merchandising Center

At the invitation of the Alibaba Group, nearly 200 leading Japanese brands and manufacturers attended the official kick-off meeting of Alibaba’s new Japan Merchandising Center. During the event, representatives from leading Japanese companies including Shiseido, Askul, HABA, etc. shared their experiences, and discussed future developments in the e-commerce market in China and Asia through Alibaba’s China e-commerce platforms – Tmall.com ... Read More »

Announcing the WAND eCommerce Taxonomy Portal

WAND’s business philosophy is that our pre-built taxonomies help organizations jump-start the development of their own high-quality taxonomies.   Instead of starting from scratch, WAND Taxonomies provide a solid starting point that can simply be customized.  This helps our clients save months in their taxonomy development process and reduces frustration because it is significantly easier to edit and revise a ... Read More »

Alibaba Group Opens Netherlands Office and Announces Local Senior Management Appointment

Alibaba Group announced the appointment of Roland Palmer as managing director of Alibaba Group Netherlands and member of the Alibaba Group EU leadership team, effective immediately. This senior management appointment and establishment of an Amsterdam, Netherlands office rounds out Alibaba Group’s expansion in the European market and provides a local contact for customers and partners in the Benelux region. The company’s ... Read More »

Amazon Payment Launched Global e-Commerce Partnership Program

Amazon recently announced the launch of the Amazon Payments Partner Program, a new global program designed to help ecommerce platform providers and developers extend the trust and familiarity of Amazon Payments to their merchant customers. The Amazon Payments Partner Program offers unique tools and services to help Partners grow their merchant business by offering easy integration with Amazon Payments. The ... Read More »

Alibaba wants to join the International AntiCounterfeiting Coalition (IACC) but was Rebuked

Alibaba Group announced its official membership in the International AntiCounterfeiting Coalition (IACC) as the first e-commerce company to join the world’s largest non-profit organization dedicated to combating product counterfeiting and piracy. Alibaba Group and the IACC’s partnership began in 2013 with the development of the IACC MarketSafe® Program, a strategic collaboration to help IACC members identify and take down infringing ... Read More »

Alibaba Group and New Zealand Government form Strategic Alliance

Alibaba Group, the world’s largest online and mobile marketplace, and New Zealand Trade and Enterprise (NZTE), the New Zealand Government’s international business development agency, signed a Memorandum of Understanding (MOU) today to formalize discussions for strengthening trade between China and New Zealand and support the growth of New Zealand brands in China. The MOU aims to broaden Alibaba’s existing partnership ... Read More »

Alibaba Extends Startup Cloud Program to Singapore

Alibaba has taken its cloud startup scheme global for the first time, launching the service in Singapore with a US$10,000 credit for selected startups. Valid for a year, the coupon can be used to purchase any service on the Chinese vendor’s Aliyun cloud platform, according to Yu Sicheng, vice president of Alibaba Cloud. Top-performing startups would be offered a higher ... Read More »

Alibaba Bails Out Lazada in a One Billion Dollar Bet on South East Asia e-Commerce

Alibaba Group has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about $1 billion.  Lazada, founded by Germany’s Rocket Internet in 2012, is headquartered in Singapore and also operates in Malaysia, Indonesia, the Philippines, Thailand and Vietnam. Lazada saw revenue jump 81 percent to $190.0 million in the first nine months of 2015, while ... Read More »

Alibaba Expands in Southeast Asia with US$1 billion deal for Lazada

Alibaba will acquire a controlling stake in leading Southeast Asian online shopping platform Lazada for US$1.0 billion as the company seeks to expand outside its home market. Alibaba’s Taobao platform is estimated to have more than 90 percent of the consumer-to-consumer market in China, while its Tmall platform is believed to command more than half of business-to-consumer transactions.  But its ... Read More »

China Internet Finance Association Launched

Newly launched China Internet Finance Association draws 400 members.  Association becomes the regulator for the industry. The establishment of a national Internet finance association plays a crucial role for the healthy development of China’s burgeoning Internet finance sector, according to industrial insiders “Industrial rules should be introduced to regulate the Internet finance sector, which has already proved to be effective ... Read More »

Alibaba Eyes Big Expansion with $3 Billion Loan

China’s Alibaba Group Holding Ltd  on Thursday said it has signed a deal for a $3 billion five-year loan, which will help the e-commerce giant as it snaps up stakes in companies within China and overseas. Alibaba, led by founder Jack Ma, has been expanding in areas beyond its core e-commerce base, such as online video, as volume growth in ... Read More »

Alibaba Buys 5.6% Stake in Groupon

Alibaba disclosed in a regulatory filing that it has bought a 5.6 percent stake, or 33 million shares, in Groupon.  That sent Groupon shares soaring more than 41 percent to $4.08. U.S. shares of Alibaba rose $5.71, or 9.3 percent, to $66.61 It’s been a miserable few years for Groupon (GRPN), the once ballyhooed Internet deal company credited with starting ... Read More »

Alibaba Group Revenues Up 32% in Q4 2015

Alibaba Group announced its results for the quarter ended 31st December 2015.  The company reported total revenues of US$5.33 billion – up by 32% year-on-year.  The company also reported that US$149 billion of Gross Merchandize Volume (GMV) was transacted on Alibaba’s marketplaces – up by 23% year-on-year.  Mobile GMV reached US$100 million and now accounts for 68% of total GMV. ... Read More »

Bertelsmann Invests in India’s KartRocket

Bertelsmann is “stepping up” its activities in the Indian e-commerce market, with an investment in New Delhi e-commerce service provider KartRocket.  KartRocket announced 18th January that it had raised $6m in investment from Bertelsmann India among others. KartRocket helps SMEs by enabling merchants to go online under their own brand. It provides them with web and mobile-phone sites, payments and logistics capabilities and marketing ... Read More »