Alibaba

alibaba office china

Alibaba’s revenue increased 40 per cent from the prior year to US$16.6 billion in its first quarterly earnings report since founder Jack Ma stepped down as executive chairman.  Annual active consumers on its China retail marketplaces hit 693 million, a 19 million increase from the prior quarter. It’s mobile monthly

How can Australian retailers address the big challenges of staying relevant in a world increasingly driven by omnichannel engagement and new transaction types which require offline and online integration? Historically, change in retail has sometimes been fast and at other times appeared slower, yet as an industry sector retail has

The world’s largest online sale is expected to be even bigger this year, and the company behind it wants to make it more environmentally friendly.  Preparations are underway for Alibaba’s 11.11 sale, also known as Singles’ Day. First held in 2009, 11.11 has now grown into weeks of discounts and

NAB Alipay

Overall transaction volume on Alipay increased 25 per cent in Australia during Golden Week – a week-long national holiday in China – compared to last year’s corresponding week. The growth was riven by strong growth in the luxury retail sector, and solid performances by airport and duty-free stores, pharmacies, and

Chemist Warehouse has renewed its strategic collaboration with Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global for an additional two years. The Australian retailer expects to significantly broaden its presence within the Alibaba ecosystem through this strategic partnership with Tmall Global to grow its market share across both China and Southeast

Alibaba Group and SAP announced that SAP S/4HANA Cloud and SAP Cloud Platform are now available on Alibaba Cloud in China. Chinese enterprises can now easily adopt SAP’s world-leading enterprise cloud solutions on the powerful Alibaba Cloud infrastructure. The strategic partnership between the two technology leaders provides seamless integration of

Some of the first Australian businesses to enter the Chinese market through the Alibaba ecosystem are behind a new program to help Australian food and beverage companies take advantage of the cross border ecommerce opportunity. eCargo has launched the Cross-Border Ecommerce (CBEC) Growth program to minimise the risk for FMCG

Alibaba has acquired import ecommerce platform Kaola from NetEase for approximately US$2 billion. Kaola will to continue to operate independently under its current brand. Tmall Import and Export General Manager Alvin Liu will serve as Kaola’s new CEO. Webinar: Can I Trust You? Building Customer Trust into Better Experiences. Register

Alibaba Group

In its latest quarterly results Alibaba’s revenue skyrocketed 42 per cent to US$16.7 billion, beating investor expectations.  Daniel Zhang, CEO at Alibaba Group said, “Alibaba had a great quarter, expanding our user base to 674 million annual active consumers, demonstrating our superior user experience.  “We will continue to expand our

The worldwide infrastructure as a service (IaaS) market grew 31.3 per cent in 2018 to total $32.4 billion, up from $24.7 billion in 2017, according to Gartner. Amazon was once again the number one vendor in the IaaS market in 2018, followed by Microsoft, Alibaba, Google and IBM. “Despite strong