Tmall Archives - Page 4 of 5

Pinduoduo, China’s Facebook-Groupon Mashup, Files for $1B US IPO

Pinduoduo, one of China’s largest e-commerce unicorns, looks to raise around US$1 billion in its U.S. initial public offering (IPO), confirming a report published earlier by Pandaily.

Pinduoduo Rumored to be Filing for U.S. IPO Next Week

On the morning of June 28, sources from China Entrepreneur Magazine disclose that leading e-commerce platform Pinduoduo is rumored to be filing for an IPO at the U.S. Securities and Exchange Commission next week, with Goldman Sachs and China International Capital Corporation as the main underwriters.

Alibaba’s Financial Report – Best Fiscal Year with $39.3 Billion in Revenue

Alibaba‘s financial report for the past quarter (January 1 to March 31, 2018), and for the fiscal year of 2018 has just been published by Alibaba Group Holding Limited (NYSE: BABA) today.

Ep. 2: The Rise of Social Commerce and The Future of Co-Working in China

This week on the TechBuzz China podcast, our hosts Rui Ma and Ying-Ying Lu lead in-depth discussions on the e-commerce phenomenon that is Pinduoduo and the future of co-working in China with WeWork’s purchase of NakedHub. They also shared commentaries from multiple investors and industry insiders such as Kathy Xu, Mark Pols, and Rebecca Brian […]

Go For the WeChat Gold: E-commerce Business Increases 20 times In One Year?

“Alibaba and JD.com have established offices to compete with Pinduoduo.” said Bin Huang, an e-commerce merchant. Relying on WeChat traffic, Pinduoduo has become a black horse within the e-commerce industry.

Renault Teams Up with Alibaba to Sell Cars on Tmall

In 2018, car manufacturer Renault celebrated its 120th birthday. On March 7, Dongfeng Renault held its “Brand Night” in Shanghai and released its “Mid-term Business Plan” for 2022. Renault announced that it has partnered with Alibaba Group in technology and new retail services as a key part of Renault’s “In China, For China” strategy.

Alibaba: Average Daily Tax Exceeds 100M Yuan in 2017, Creates 33M Jobs

Alibaba recently released its 2017 data related to social responsibility. During 2017, Alibaba paid more than 100 million yuan per day in taxes, drove more than 290 billion yuan in tax payments through upstream and downstream companies and created 33 million jobs.

JD.com Plans to Sell 2B Euro French Goods in Next Two Years

French President Macron is on a state visit to China. Under his witness, JD.com group signed memorandums of understanding with Business France and the French industrial engineering group Fives.

Jack Ma and Hupan University: Cultivating the Next Generation of Chinese Entreprenuers Through Failure Education

“Education is the most powerful weapon which you can use to change the world.” -Nelson Mandela

Idlefish Speeds Secondhand Sales: Users Allowed ‘Dispatch Upon Receiving Money’

Idlefish is teaming with 50 organizations, including CACE (China Association of Circular Economy), Igooma, Youdemai, Aihuishou, Huishoubao, Yxianypin, Yueren, Souche, Zhima Credit and Ant Forest, in a movement toward an “idle-free society.”

Tencent and JD.com Become Vipshop Shareholders with $863M Investment

Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal of “selling clothes on JD.com”.

Asia’s First Freight Airport to Open in Ezhou, Hubei, SF Express to Invest 2.3B Yuan

SF Express Holding announced its wholly owned subsidiary Shenzhen SF Tyson Holdings had signed a cooperation agreement with the Hubei Provincial Government. SF will build the world’s fourth and Asia’s first professional freight airport in Ezhou.

PRC State Post Bureau: Post, Courier Services Handles 243M Packages on Double 12

According to official website of the State Post Bureau, monitoring data showed that postal enterprises received 243 million packages on December 12, a 38 percent increase from last year.

CEO Speaks on JD.com’s Decade of Logistics Development

JD.com logistics CEO Wang Zhen-hui said at 2017 NewGen Logistics World Summit on December 11 that due to consumption, industrial upgrades and technological advancements, the logistics industry is entering a new era defined by short chains, smartness and symbiosis.

Lei Jun Leaps to Celebrate Xiaomi’s Single’s Day Success

Beijing Capital Airport and Beijing South Railway Station welcomes a mass of “refugees” from the field of media and public relations. Most hadn’t changed clothes for two or three days and had greasy hair and bags under their eyes.

More details about Alibaba’s investment in Cainiao

On September 25, in a bid to further fuel the progress of its “new retail” strategy, Alibaba announced that it intends to raise its stake in its affiliate—Cainiao Network and pledged 100 billion yuan investment in next five years to the logistics arm that had already received tens of billions yuan to expedite leading global […]

A Chinese Startup Argued Alibaba’s Taobao Plagiarized

On September 29, a netizen called Wu Liang released an article titled In Today’s Version of Alibaba Baba and Forty Thieves, Alibaba itself is Forty Thieves on Zhihu, claiming “Alibaba unexpectedly took our technical proposal in the name of the cooperation and completely copied our app.” According to ‘Wu Liang’, the “smart skin quality measurement”（智能测肤） […]

Alibaba Increased its Holdings in Cainiao Network

Alibaba group announced today that in order to further promote the new retail strategy, it will increase holdings of Cainiao Network. Apart from tens of billions CNY it has invested, over the next five years, Alibaba will continue to invest 100 billion yuan in Cainiao, so as to accelerate the construction of logistics network and […]

Alipay is now available at all Chinese Starbucks stores

On September 25, Starbucks and Alipay announced cooperation. Finally, the Starbucks will accept the payment system at over 2,800 of its cafes across China. “The days that we receive complaints from customers at Starbucks are over.” Alipay declared in its official weibo account. Alipay is available at over 3,200 Starbucks stores worldwide “Do you accept […]

JD.com Officially Enters the Real Estate E-Commerce Business

On September 18, Zeng Fuhu, former VP of Sohu net and GM of Sohu Focus, confirmed to All Whether TMT that he officially joined JD.com at the end of July and served as GM of JD.com real estate department. The department, which was recently formed, is now hiring staff. Jd.com will also add a new […]

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