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Alibaba records only 9 percent lower profit than Amazon but trails by 4x in revenue

Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3 percent lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least...

Better prospects await India’s online grocery retailers post-COVID-19 lockdown, says GlobalData

While the initial days of lockdown enforced in India in response to COVID-19 crisis sent the Indian online food and grocery retailers into disarray, they were able to quickly turn things around and convert the situation into one of...

Lessons From China: Live streaming shopping will be retail lifeline post COVID-19

As the coronavirus pandemic continues to evolve and immobilize retail operations, giving the world an imperative reason to shop from home, experts have come to the conclusion that live stream shopping might be the best way for lifestyle brands...

Retailing in a Time of Crisis: A World Retail Congress Publication

It seems incredible that barely a month ago, retail’s focus continued to be around how to embrace the change being brought about by the digital revolution. And then came COVID-19 which hit China in January and then in a...

Alibaba Singles’ Day sales jump 24.3 pc to US$ 38.3 bn, sets new record

Setting a new record, Chinese e-commerce giant Alibaba has posted 24.3 percent jump in total sales to US$ 38.3 billion during the 11th edition of mega Singles' Day shopping event.The high-double digit growth in the Global Shopping Festival, branded...

‘Shoppers’ data with Alibaba, Amazon key to supply management’

Shoppers' data with e-commerce giants such as Alibaba, Amazon and Flipkart are fast proving to be the key to reducing inventories in the supply chain.Hangzhou-headquartered Alibaba sees the new age production getting integrated with front-end data held by retailers.Underscoring...

Alibaba kicks off 2019 11.11 Global Shopping Festival

Alibaba Group Holding Limited kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on 'new consumption,' 'new business' and actively contributing to a greener society.“Our goal is to stimulate...

Gems, jewellery, textiles & apparel priority categories for Alibaba.com in India

Founded in 1999 as the first business of Alibaba Group, Alibaba.com is a leading wholesale marketplace for global trade committed to facilitating ‘Global Buy, Global Sell.’ Through the platform, millions of buyers and sellers across 200 countries and regions...

Tapestry announces strategic alliance with Alibaba’s Tmall; continues to drive digitial innovation in China

Tapestry will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month. The upgraded platform will provide Tapestry’s brands with powerful tools to feature customized content, and...

Jack Ma steps down as Alibaba’s Chairman

Alibaba co-founder Jack Ma is stepping down as Chairman of the multi-billion dollar e-commerce behemoth on Tuesday as the company celebrates its 20th anniversary.Ma, who turned 55 on Tuesday, announced last year that he would retire within a year,...
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Ankur Shiv Bhandari: The Global Voice of Shoppers

In Ankur Shiv Bhandari, managing director of the UK-based The Asbiverse Group, we find not just a seasoned professional...
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