Alibaba sales record marked USD 17.8 billion on…

Alibaba confirmed that its e-commerce arms made new sales records of RMB 120.7 billion (USD 17.8 B) this Double 11 shopping festival on November 11. More than 13 hours after the event started, its sales…

Alibaba to target a new generation of customers…

Heather in Hangzhou With the Singles’ Day shopping festival approaching, Yin Jing, the head of Tmall Electronics, Alibaba’s electronics retailing arm, announced on Thursday that as many as 280 new electronics products will be launched…

JD’s CEO Richard Liu: The cash burning race…

Chinese e-commerce giants JD.com and Alibaba published on Wednesday and Thursday respectively their financial reports of 2016 Q2. Despite of a steady growth of both parties, Alibaba enjoyed a Gross Merchandise Volume (GMV) over five…

No more online medicine sales, Alibaba’s online retailer…

Chinese tech giant Alibaba’s online shopping platform Tmall has stopped its online medicine trading since Monday, after finishing its experimental period for online medicine retailing on third-party platforms. Tmall’s medicine channel Yao.tmall.com released a notice…

JD VS. Tmall: how much cash must be…

E-commerce company JD.com and Alibaba's self-run Tmall Supermarket are locked in a battle, both fighting to become "No.1" - a term that they each have defined differently. "With enough time, JD.com will one day surpass…