On February 20th, Taobao announced the establishment of a live e-commerce company to provide fully managed operational services for celebrities, KOLs, and MCN agencies entering Taobao to start live streaming.
Chinese fast-fashion e-commerce platform, Shein, has reportedly submitted an application to the U.S. Securities and Exchange Commission in secret, to prepare for a U.S. listing. It will be one of the largest IPOs in the U.S. securities market in recent years.
Alibaba released its financial report for the quarter ended September 30. Alibaba International Digital Commerce Group, or Alibaba International, exhibits the fastest growth rate among all six major business groups.
Taobao's WeChat QR code payment function is still gradually being rolled out. Currently, it is only available to some users and only certain products support this payment method.
TikTok officially launched e-commerce services in the United States, and starting in early October, all American users will be able to see the entrance on the homepage.
The Taobao AI large-scale model 'Taobao Wenwen' is currently undergoing internal testing.
Douyin, the Chinese version of the global short-video app TikTok, is actively expanding its self-operated e-commerce business in preparation for the upcoming "618" shopping festival on June 18th.
As China's “618” shopping festival is drawing near, the Apple Store Official Flagship announced that it will conduct its first ever e-commerce live event. The event will take place at 19:00 on May 31 on Tmall, marking the first time that Apple has officially organized a live event on an e-commerce platform.
Chinese e-commerce giant JD.com announced on May 11th that its current CEO, Xu Lei, has resigned from his position due to personal reasons. The company's CFO, Sandy Xu, will take over as the new CEO and Xu Lei will smoothly hand over his responsibilities before retiring in June.
"Taobao Maker Festival" offers a venue for young merchants to showcase their potentials. By identifying consumption trends and championing small businesses on the platform, the event could have a significant impact on the retail industry and the economy at large.
Talented young minds from universities in China, Spain and Singapore have been hailed as winners of the 2023 Alibaba Global E-commerce Challenge organized by Alibaba International Digital Commerce Group (AIDC) after a series of rigorous competitions.
Alibaba Group is introducing innovative green technologies across its campuses. The Hangzhou Xixi Campus, global headquarters of Alibaba, is located next to the Xixi National Wetland Park in Hangzhou. This campus boasts a diverse range of species and an abundance of vitality.
On April 6, Suning.com, a Chinese e-commerce platform, held an extraordinary shareholders' meeting at its headquarters in Nanjing. The purpose of the meeting was to confirm the members of the eighth board of directors and supervisory board.
Taobao, the e-commerce platform owned by Alibaba, has introduced a dedicated sales channel on its homepage for select users. This new channel is prominently displayed alongside Taobao Live in the most visible position on the homepage.
A recent report suggested that Chinese fast fashion retailer SHEIN could face the threat of a "Shut Down SHEIN" campaign. SHEIN has denied the allegations and affirmed its adherence to US laws and regulations.
On March 9, Chinese e-commerce giant JD.com released its financial results for the fourth quarter and the whole year of 2022. Although the report shows that its overall profitability has improved, its share price fell 11.28% to close at $41.68.
Chinese online fashion group SHEIN reportedly is about to close a new fundraising round at a reduced valuation of between $65 billion and $70 billion.
Chinese e-commerce giant JD.com will launch a 10 billion yuan ($1.5 billion) subsidy campaign on March 8 to compete against rival Pinduoduo, a budget shopping app by PDD Holdings.
Social media users recently spotted Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, in a hotel in Melbourne, Australia. Fans snapped a photo of him browsing his phone and drinking Coke.
Chinese leading tech player Tencent recently launched a cross-border payment platform named "Tenpay Global Business", which provides a one-stop solution for services such as global collection, payment and exchange for cross-border e-commerce sellers and platforms.