Benchmark Monitor
Lazada Group, Southeast Asia’s e-commerce leader, will leverage a key intellectual-property-rights tool from parent Alibaba Group Holding Ltd (NYSE:BABA)to bolster its brand-protection efforts. Lazada, which operates in six Southeast Asian markets, announced at a launch event in Singapore that it has joined Alibaba’s Intellectual Property Protection Platform, an online infringement-claims processing system that allows brands […]
Alibaba Group Holding Ltd (NYSE:BABA) in a bid to increase number of international brands on its Tmall Global marketplace, has launched an English-language website of the platform aiming at merchants. Tmall Global is currently hosting about 20,000 international brands across 77 countries and regions and the Chinese e-commerce giant, in next three years, is intending doubling those number of brands to […]
Despite the decision to wait for further demand in the Middle East and Africa region, Alibaba Group Holding Ltd (NYSE:BABA) Cloud has posted global revenues of $1.2bn in Q1 2019, 76% up from the same period last year. Alibaba Cloud is the latest international cloud provider to put a future data centre project on hold after Apple’s shocking decision to axe its […]
Alibaba Group Holding Ltd (NYSE:BABA) launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 over the next three years, reported Reuters. The company said in a statement that it wants to make Tmall Global, which currently hosts 20,000 international brands across 77 […]
Alibaba Group Holding Ltd (NYSE:BABA) announced major upgrades to its Tmall online shopping site as the e-commerce giant tried to guard its retail supremacy against rivals such as archrival TencentHoldings Ltd. The country’s top business-to-customer site will kick off revamps that will prioritize membership integration across online and offline channels, customize its virtual store front, have daily deals featuring cost-effective […]
Min Wanli, the chief machine intelligence scientist at Alibaba Group Holding Ltd (NYSE:BABA) Cloud, has tendered his resignation after six years with the e-commerce giant to set up a venture capital firm, according to a farewell letter obtained by Chinese media. In the letter, Wan revealed that he has created a venture capital firm that seeks […]
Hundreds of runners from Alibaba Group Holding Ltd (NYSE:BABA) took to the streets this weekend to celebrate Olympic Day, held annually on June 23 to mark the birth of the modern Olympic Games. To celebrate the day, National Olympic Committees and organizations around the globe, such as sports associations and schools, host events as a way of encouraging […]