taobao

Q2 Results Roundup: Walmart and TJX Shine, Target and Home Depot Stumble

The nation’s two biggest big-box retailers, Walmart and Target, reported markedly different results for their second quarters. For the three-month period ending…

Alibaba Boosts Q2 Revenue 14%

For the first three-month period following its March 2023 corporate restructuring into six distinct businesses, Alibaba Group increased Q2 revenue 14% year-over-year…

Alibaba CEO and Chairman to Focus on Ecommerce Giant’s Cloud Unit

Daniel Zhang, currently Chairman and CEO of the entire Alibaba Group, will narrow his focus to the Alibaba Cloud Intelligence Group, which…

Alibaba Restructures into 6 Distinct Businesses to Drive Agility and Shareholder Value

Alibaba Group is undergoing the most significant restructure in its 24-year history with plans to split the company into six groups, each…

Amazon, Rakuten, eBay Top List of Most Visited Ecommerce Sites

Retail ecommerce sales grew 27.6% worldwide in 2020 and global marketplaces ruled the roost, making up nine of the top 10 most…

Alibaba Boosts Revenue 34% To $21.8 Billion In Q2

Benefiting from the digital surge accelerated by COVID-19, Alibaba Group saw a 34% increase in year-over-year revenue, reaching $21.762 billion (U.S.). The…

Unilever Leverages Alibaba Cloud To Market To Taobao And Tmall Customers

Unilever is partnering with Alibaba Group’s Alibaba Cloud as it seeks to optimize the brand experience for the e-Commerce shopper journey through…

UPS Study: U.S. Consumers Shopping Across Borders Climbs To 47%

It’s an increasingly small world in e-Commerce: Almost half of U.S. online shoppers, and a majority of online shoppers outside the U.S.,…

Alibaba Mall Moves Internet Giant Further Into Physical Retail

Construction is well underway on a five-story Alibaba mall that is scheduled to open in April 2018, according to Chinese financial group…

Merchants Network Connects U.S. SMBs With Alibaba Shoppers

To help U.S. small businesses connect with the millions of shoppers on Alibaba platforms, the Chinese e-Commerce giant has introduced Taobao Global…

7 Secrets To Winning In China’s E-Commerce Market

The trends in the Chinese e-Commerce market represent a huge opportunity for U.S. retailers. U.S. shoppers’ desire for goods from abroad is…

Singles Day 2016: A $17.8 Billion Lesson For U.S. Retailers

Alibaba’s gigantic online shopping holiday saw another record-smashing year in China, with mobile continuing to become an even more dominant shopping platform….