November 11, 2019
Alibaba Beats $30B Sales Record On China’s Singles Day
China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). The gross merchandise value (GMV), which shows Alibaba’s sales across...
November 08, 2019
Alibaba Seeks To Raise Up To $15B In Hong Kong
In a move comes five years after its record-setting initial public offering in New York, Alibaba Group Holding Ltd.’s is looking to raise $10 billion to $15 billion in a second...
November 06, 2019
China Tells eCommerce Companies To Stop Acting Like Monopolies
Regulators in China have told eCommerce companies like Alibaba and JD.com to stop a monopolistic practice that makes merchants sign exclusive agreements, preventing them from selling on other platforms, according...
July 23, 2019
US: Alibaba now allows US small businesses to sell globally
Chinese e-commerce giant Alibaba Group Holdings will now allow small businesses in the United States to sell on Alibaba, the company announced on Tuesday, July 23, in an effort to...
May 06, 2019
Instagram’s High-Fashion Fakes Problem
Instagram has a counterfeit goods problem. That is what the latest data from analytics firm Ghost Data strongly indicated, anyway, as its survey of the site has found it is becoming...
April 25, 2019
Chinese eCommerce Site Pinduoduo Pinged For Piracy, Counterfeiting
The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in copyright infringement and counterfeiting, according...
March 25, 2019
Social Commerce Startup Yunji Raises $200M Via IPO
Yunji, the Chinese eCommerce company that has a link to WeChat, the popular China-based messaging app, is raising as much as $200 million via a initial public offering in the...
February 06, 2019
Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding
Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. The company, which went public...
January 23, 2019
China To Displace US As Leading Retail Market
China is expected to displace the U.S. this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail...