China’s ‘11.11’ event called the biggest shopping day of all time

Yesterday, Alibaba’s busiest shopping event of the year, “11.11,” – formerly knowns as Singles’ Day – made history in both revenues and order volume as the biggest shopping event of all time, according to tallies by its logistics network, Cainiao. The promotion raked in US$30.8 billion in gross merchandise volume (GMV) – a 27 percent […]

Alibaba plans massive 3-year expansion of Rural Taobao network

In an effort to cover more of the smaller towns across the vast expanses of Western China, Alibaba Group said it plans to widen the reach of its “Rural Taobao” project to include 1,000 counties and 150,000 villages across China in the next three years. Launched in 2014, Rural Taobao is the company’s program to […]

Even freighters are being sold online this holiday season

E-commerce has indeed transformed the airfreight market, leading to robust activity last week in advance of the Christmas holiday. What may be less known is that aircraft transactions are becoming part of the online shopping experience. Last Thursday, the China-based e-commerce platform Taobao, owned by Alibaba, successfully auctioned off a 747-400ERF for US$23.3 million — […]

Does Trump-Alibaba powwow signal de-escalation in trade wars?

The e-commerce wars just entered surreal territory, with Alibaba founder Jack Ma, a champion of global free trade, meeting the protectionist-leaning President-elect Donald Trump in New York this week to discuss how online retail can create up to 1 million new jobs over the next five years. “Jack and I are going to do great […]

Alibaba-Maersk tie up opens new frontier in e-commerce wars

Amazon’s got its Prime Air, but Alibaba just raised the stakes with the announcement of a partnership with Maersk Line that enables customers to reserve space on its ocean vessels online. In addition to cutting out freight forwarding middlemen and opening pathways to global markets, the move is being seen as a shot in the […]

Alibaba’s rural service center program continues rapid growth

Alibaba’s “Taobao” e-commerce portal continues to demonstrate the collective buying power of rural Chinese citizens through the ongoing expansion of its rapidly growing rural service center program. The centers help rural citizens without the e-commerce hardware or know-how conduct business transactions online. Alibaba says the number of centers it operates has grown 800 percent since […]