Alibaba is reportedly paying US$250 million to settle a lawsuit for “material misrepresentations and omissions” in registration statement during its initial public offering (IPO) in 2014.…
Taobao transforms e-commerce in China through livestreaming
Taobao will leverage its livestreaming technology to help incubate 1,000 key opinion leaders in China’s countryside in an effort to boost rural development.…
Korean online shoppers are now using Chinese malls
A growing number of South Koreans shopping at overseas online malls are now picking Chinese sites to shop.…
Could China’s local fashion players dominate the market?
China has either already overtaken the US as the world’s largest consumer of fashion or will do so in 2019 and local players might dominate the market.…
Sa Sa celebrates its 40th anniversary
Sa Sa International Holdings Limited announced its collaboration with Taobao Global to celebrate its 40th anniversary.…
Alibaba is swooping in on a surprising consumer market in China
While most companies are still figuring out how to capture the millennial market, Taobao, the Alibaba-backed online retailer, has its focus set on China’s growing population of senior citizens.…
Jack Ma : the internet rock star
How Jack Ma built his internet empire is a long story. Here, a summary.…
Lazada expands Alibaba’s Taobao marketplace in Southeast Asia
Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-c…
Alibaba’s rise in online luxury spending with dedicated brand platform
Chinese e-commerce company Alibaba Group has launched a dedicated section for luxury brands on its business-to-consumer site Tmall.…
Shoppers in China turning to TCM-based skin care products
Many shoppers for beauty products in China are now looking to their cultural past for traditional Chinese medicine and its natural ability to enhance skin.…