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The top 3 global online marketplaces which accounted for nearly 2/3s of $2.67 tn 2020 GMV

Online marketplaces around the world enjoyed stratospheric growth in 2020. According to the research data analyzed and published by ComprarAcciones.com, the top 100 online marketplaces globally posted sales worth $2.67 trillion in 2020. Compared to 2019, that marked a 29%...

Alibaba Group unveils plans for 2020 11.11 Global Shopping Festival

Alibaba Group Holding Limited kicked off its 11.11 Global Shopping Festival with new innovations and features to meet rapidly changing consumer trends. These include the participation of Alipay’s digital lifestyle platform; broader consumer reach and bigger promotions; ‘double’ the number...

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...

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...

Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand from consumers in less-developed cities for quality products.This 6.18 was the most-inclusive ever, with over 200,000 brands taking part. Innovative...

New Retail: Using data tech for seamless engagement between online and offline

Shilpa Ahuja is always pressed for time. There’s work and then there’s home! And when she’s home, she wishes she had some help sourcing fresh fish and cooking it for dinner. But then, no supermarket in Bengaluru, the city...

Alibaba CEO Zhang to succeed Jack Ma as Chairman

Chinese e-tailer Alibaba Group's Chief Executive Daniel Zhang will be the new chairman, succeeding its co-founder Jack Ma from September 10, 2019, the global firm announced on Monday."Ma will continue as the executive chairman of the company over the...
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How FMCG companies are rethinking packaging to become eco-friendly

More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...
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