Alibaba expects to record losses of around 9.3 billion yuan related to the sale. Shares of the online shopping giant were last down 1.9% at 82.75 Hong Kong dollars in afternoon trade. The move ...
Alibaba is hoping to boost sales from China’s biggest annual online-shopping event--Singles' Day--with what it claims is the world’s first virtual-reality shopping experience.
Alibaba's CEO, Daniel Zhang, sees a business opportunity to co-opt the unofficial holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late ...
Alibaba is China’s online shopping behemoth – an online marketplace featuring just about everything under the sun (or under the sea). It has just about everything you can imagine, which of ...
Interestingly, the sale recorded next day was of ... show on Facebook and opening pop-up stores from Alibaba. The idea is to blend online shopping with offline stores, or O2O, which already ...