Showing results for: alibaba

19 Oct 2020

Alibaba Group buys significant stake in Sun Art Retail Group  

Multinational technology company Alibaba Group has acquired a controlling stake in Chinese supermarket and hypermarket operator Sun Art Retail Group.  The company has increased its aggregate direct and indirect stake to around 72% with a nearly $3.6bn…

21 Apr 2020

Retail industry venture financing deals in Q1 2020 total $1.46bn globally

Total retail industry venture financing deals in Q1 2020 worth $1.46bn were announced globally, according to GlobalData's deals database. google.charts.load('current', {packages: ['corechart', 'bar']}); google.charts.setOnLoadCallback(drawBasic_Template2_Quarterly_1_2020_retail__venturefinancing_); var options = { title: 'Venture…

21 Feb 2020

Generation hashtag in retail: Top trends revealed

Major retailers are opening pop-up stores and hosting events such as concerts in-store to attract Generation Hashtag shoppers, as they prefer experiential shopping and are inclined towards store events that…

06 Feb 2020

How will Coronavirus affect FMCG?

Follow the latest updates of the outbreak on our timeline. Coronavirus has now officially been declared a global emergency by the WHO; it has spread to every Chinese region and 15 other…

29 Jan 2020

Robotics in retail: Top trends revealed

Robotics has revolutionised retail throughout every step in its operations from production, postage, fulfilment, and the customer journey. As robotics becomes more technologically advanced and begins to incorporate more complex…

29 Jan 2020

Autonomous vehicles in retail: Top trends revealed

The introduction of autonomous vehicles in retail aids the retailers in terms of reduced delivery cost and time, increased logistics efficiency, and improved last-mile connectivity, among others. In a bid…

06 Dec 2019

November top news stories

Chinese e-commerce company Alibaba secured approval from the Hong Kong Exchanges & Clearing for the sale of shares and Luxury group LVMH Moët Hennessy-Louis Vuitton agreed to acquire American luxury…

26 Nov 2019

Alibaba and Ethiopian Government partner for eWTP hub

The Ethiopian Government and Chinese e-commerce retailer Alibaba have signed three Memoranda of Understandings (MoU) for an electronic world trade platform (eWTP) hub in Ethiopia. eWTP is a private sector-led…

25 Nov 2019

The e-commerce reign of Alibaba Group

Deborah Williams: Looking back at the first-ever Single’s Day shopping event in 2009, what was the key element that transformed it into the 11.11 Global Shopping Festival we see today?…

07 Oct 2019

E-commerce in China: A market overview

The current state of e-commerce in China China has the most mobile users in the world and more e-commerce activity than any other country in the world. In 2017, Chinese…