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  • What's News? August 1, 2013 | 0 Comments

    Taobao: rural customers are no. 1

    Taobao published its "Rural Retail Report" and the results are impressive. 2012 saw over 30 million rural residents shop on Taobao, spending over RMB 179 billion, nearly 90% more than 2011. The average rural resident spent more than RMB 5500, while those living in tier-one and two cities only averaged RMB 4700. E-commerce also proved more frequent in the countryside, with an average of 54 online "shopping trips" compared to only 39 for city residents. Tmall, the B2C arm of Alibaba's online empire, also reported that nearly 75% of brands polled reported larger average sales from rural customers than their urban peers. Source: iFeng

  • What's News? June 14, 2013 | 0 Comments

    Alibaba and Baidu play nice

    E-commerce makes strange bedfellows? Alibaba and Baidu haven't always worked well together, but recent cooperation indicate an improving relationship. The e-commerce giant and China's favorite search engine found common ground with Baidu's decision to display Alibaba customer service hotlines for platforms like Taobao directly through Baidu's search results. In addition, Alibaba's Alipay customer service system will be available directly through other Baidu's applications. Source: PC Online

  • What's News? May 29, 2013 | 0 Comments

    Alibaba’s company of the week

    Alibaba has co-founded a logistics platform alongside major courier companies and several tech firms. Jack Ma, the newly former CEO of Alibaba, will be president of the company. Over the next 5-8 years, Alibaba plans to build the venture into a smart network that can support daily deliveries of RMB 30 billion. The company won’t deal in logistics directly, but will help courier companies to realize 24-hour delivery by building an open, shared and social infrastructure platform based on logistics. Source: Economic Daily

  • What's News? May 15, 2013 | 0 Comments

    Jack Ma says farewell

    Jack Ma, the founder of Alibaba, has formally resigned from the CEO position of the company. Chief Data Officer Lu Zhaoxi is the company's new CEO. Before his departure, Ma defined a clear path for the company's future development, including departmental reoganization and expansion into data and finance. Lu's ascension has been taken as a sign of Alibaba's increasing focus on data-heavy ventures like mobile payments and finance.

    Source: People Net

  • What's News? April 24, 2013 | 0 Comments

    Online payments, force for good

    In the wake of Sichuan's recent earthquake, Alibaba's Alipay online payment platform has played its part in rebuilding the affected areas. In the two days after the quake's initial impact, Alipay processed over RMB 20 million in donations from over 45,000 netizens. Nearly 10,000 netizens from Liaoning province alone donated RMB 400,000 through Alipay.

    Source: Sohu

  • What's News? April 23, 2013 | 0 Comments

    Amazon cloud arrives in CN

    Amazon recently launched its Cloud Drive in a bid to compete with local cloud providers. Cloud Drive supports document uploading to cloud server via Amazon's own wesbite or local software. With Chinese language support, Amazon looks to be gearing up for a tussle with Baidu and Alibaba's own cloud services. Cloud Drive also integrates with the Amazon music and Kindle store's, further indication that the Kindle may yet arrive in China. Source: China Byte

  • What's News? April 16, 2013 | 0 Comments

    Alibaba rolls 6 deep

    In cooperation with a host of aspiring handset makers, Alibaba has just launched six,count 'em, six new smartphone models. Companies like Zopo, Amoi and Konka have all lined up for an upgraded version of Alibaba's Aliyun operating system. With prices for some models starting at RMB 800, Alibaba is looking to make a play for the market's lower end while nurturing their own OS. Google's Android OS is under pressure for its allegedly too dominant role in the Chinese smartphone industry. Source: Finance China

  • What's News? April 2, 2013 | 0 Comments

    Jingdong dog vs. Tmall Cat

    Netizens voted and the results are clear: 360Buy shoppers are dog people. The e-commerce mega-mall has decided on a metallic dog as its new mascot. This is the first cartoon mascot in nine years of operation for the Beijing e-tailer. The metal pup represents loyalty and integrity, traits the company hopes to profit from in competition with Alibaba's Tmall and its cartoon cat. The cartoon appears as part of a brand imagery overhaul; 360Buy will now be known as, shorthand for its Chinese name Jingdong. Source: eBrun

  • What's News? March 4, 2013 | 0 Comments

    Alipay line of credit for shoppers

    Alibaba Group will soon roll out a credit-line services for businesses and consumers on its e-commerce platforms. Qualified Alipay users will be approved for credit limits according to previous consumption records. Consumers can use Alipay credit as they would a credit card for shopping on Taobao and Tmall. Customers benefit from interest-free repayments for a 38-day period.

    Source: Sohu

  • What's News? January 24, 2013 | 0 Comments

    Stars align for e-Commerce

    Male Scorpios and female Aquarius were China’s biggest online shoppers in 2012 according to annual figures released by Alipay, Alibaba’s online payment service. Scorpio men spent an average of over 14,000 RMB, followed by Leos and Capricorns. Aquarius ladies topped an average of 15,000 RMB, with Scorpios and Capricorns coming in second and third. Pisces men and Leo women spent the least last year.

    Source: 21CN


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