All Alibaba articles – Page 2
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News
Alibaba Singles Day sales growth slows to lowest ever rate
Alibaba has posted an increase in sales at its annual Singles Day shopping extravaganza, but growth slowed to its lowest rate since the festival began more than a decade ago.
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Analysis
Analysis: Ready shopper one – how the metaverse will change how customers shop
When Facebook revealed its intention to rebrand the group as Meta in October, the announcement catapulted both the term and concept into public discourse. Retail Week examines what the metaverse is and the opportunities that the next chapter of virtual living holds for retail brands.
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Analysis
Robot wars: Five companies rolling out autonomous delivery around the world
As Wilko unveils plans to begin autonomous home deliveries by 2023, the UK retailer joins a growing group of companies already using robots to deliver products to customers globally.
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Interview
Interview: Kingfisher’s Thierry Garnier on building a new mindset at the DIY giant
With the pandemic prompting an acceleration in-store and online innovation, Kingfisher chief executive Thierry Garnier talks us through the group’s new retail formats, its test-and-learn approach and how that has shaped a new way of thinking throughout the business.
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News
Alibaba revenues fall short of estimates as further regulatory crackdown looms
Alibaba reported an increase in sales but a fall in income as annual active consumers across the world reached over 1 billion for the first time.
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News
Alibaba hit with record £2bn fine for breaching competition rules
Chinese ecommerce giant Alibaba has been hit with an Y18.3bn (£2bn) fine after an investigation ruled that it had abused its market position.
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Analysis
China boycotts H&M: Will Western brands have to choose between ethics and profits?
Tensions between China and the West reached boiling point last week as several countries, including the UK, imposed sanctions over human rights abuses against Uighur Muslims and retail found itself caught in the crossfire.
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Analysis
Worldview: How Chinese retail lit a fire under its Covid-19 recovery
In the first instalment of our new Worldview series gleaning insight and inspiration from global markets, Eliam Huang analyses how China is bouncing back from Covid-19.
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News
Alibaba sales surge amid China’s ‘rapid’ Covid-19 recovery
Alibaba has posted a spike in sales during the final quarter of 2020 following the “rapid recovery” of the Chinese economy in the wake of Covid-19.
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News
Beijing launches antitrust probe into online titan Alibaba
Beijing has launched an antitrust investigation into ecommerce titan Alibaba as part of a crackdown on monopolistic behaviour in China’s booming online market.
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News
Farfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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News
Alibaba Singles’ Day sales surpass $70bn, spurred by luxury
Alibaba posted record sales of $74bn (£56bn) for its annual Singles’ Day Sales event, which this year was extended beyond the usual one day of deals.
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News
Alibaba and Richemont invest in Farfetch for China push
Ecommerce giant Alibaba and luxury goods powerhouse Richemont are to invest in upscale online retailer Farfetch as the trio launch a Chinese partnership.
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News
Alibaba set to invest in Farfetch
Chinese goliath Alibaba is in talks to invest $300m (£231m) in luxury fashion platform Farfetch.
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Opinion
‘Alibaba’s $3.6bn splurge cements value of stores in retail’s future’
Alibaba, one of the world’s largest ecommerce players, this week splashed $3.6bn on its latest big-money acquisition.
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News
Alibaba targets 2,600 new international brands for Tmall
Alibaba is aiming to add 2,600 new international brands to its Tmall marketplace by Singles’ Day, as the coronavirus has led to “significant growing demand” in China for imported goods.
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Analysis
How Chinese giant Alibaba plans to take on Europe
Alibaba may be the world’s biggest retailer, but so far its efforts outside Asia have been lacklustre. But all that may be about to change. With a European distribution centre poised to open and an army of European influencers signed up, Alibaba is now firmly eyeing the West. Can it succeed?
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News
Alibaba profits surge as customer numbers jump during lockdown
Alibaba has smashed quarterly profit predictions as online sales surged during lockdown and demand for its cloud computing services soared.
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Analysis
The economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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Opinion
‘UK retailers should look to China to support their Covid-19 recovery’
The Covid-19 crisis has had a global impact on consumer spending, shifting short-term purchase patterns and bringing long-term changes to the way we work, socialise and shop.