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Tag: alibaba

Alibaba exec fired for helping girlfriend secure job, accepting gifts

The Alibaba Group Holdings Ltd. headquarters stand illuminated at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, Nov. 10, 2019. Qilai Shen | Bloomberg | Getty Images Alibaba has fired the head of its fast-growing livestreaming business for allegedly engaging in nepotism and accepting gifts, according …

Alibaba exec fired for helping girlfriend secure job, accepting giftsRead More

Indian traders on Alibaba seeing more discounts, Retail News, ET Retail

Pune: Indian traders registered with Chinese e-commerce platform Alibaba have observed an increase in discount offers since last week, which they think could be a policy to counter the ‘ban Chinese products’ campaign in India. Top trade bodies shared this observation at a webinar organised by Confederation of All India Traders (CAIT) on plans of …

Indian traders on Alibaba seeing more discounts, Retail News, ET RetailRead More

Alibaba’s Lazada appoints Chun Li as new CEO, Retail News, ET Retail

SINGAPORE: Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, said on Friday it would replace its chief executive officer, as it battles for dominance in the fast-growing market. Lazada Group Chief Executive Officer and co-founder Pierre Poignant will be replaced by Chun Li, a former Alibaba executive, who is currently Lazada …

Alibaba’s Lazada appoints Chun Li as new CEO, Retail News, ET RetailRead More

Retail Roundup—Costco changes menu; Alibaba, Guess open store

L.L. Bean to open outdoor workspace L.L. Bean will test an outdoor workspace pop-up in Madison, Wisconsin. In partnership with Industrious, the retailer will set up a glassy, open office with patios and business furniture and unique pieces such as a three-set cycling desk. (Milwaukee Journal Sentinel) BJ’s implements PayPal for online checkout BJ’s Wholesale …

Retail Roundup—Costco changes menu; Alibaba, Guess open storeRead More

Bigbasket to get $60m from Alibaba, Mirae, Retail News, ET Retail

Bengaluru: Online grocery retailer Bigbasket is in the final stages of raising a $60-million round of funding. The round is led by existing backers Chinese e-commerce giant Alibaba, along with others like South Korea’s Mirae Asset Ventures and UK’s development finance institution CDC Group, said two sources briefed on the matter. The internal round will …

Bigbasket to get $60m from Alibaba, Mirae, Retail News, ET RetailRead More

Jack Ma Foundation, Alibaba donate medical supplies, COVID-19 test kits to India, other nations, Retail News, ET Retail

New Delhi : Jack Ma Foundation and Alibaba Foundation on Sunday announced donation of essential medical supplies, including face masks and COVID-19 test kits, to India and six other nations to help combat the spread of coronavirus.”Collectively, these seven countries will receive a total of 1.7 million face masks, 1,65,000 test kits as well as …

Jack Ma Foundation, Alibaba donate medical supplies, COVID-19 test kits to India, other nations, Retail News, ET RetailRead More

Alibaba’s Alipay to open app to more services to take on Meituan, Retail News, ET Retail

Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will start allowing third-party vendors to offer services such as food delivery and hotel bookings on its Alipay mobile payment platform in an expansion beyond its financial services focus. Alipay traditionally competes against Tencent’s WeChat pay in China for mobile payments and financial services, with users …

Alibaba’s Alipay to open app to more services to take on Meituan, Retail News, ET RetailRead More

Alibaba’s AliExpress warns of possible coronavirus delays, Retail News, ET Retail

By : Sonya Dowsett MADRID : AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba , warned customers on Tuesday that there may be some delivery delays due to the coronavirus outbreak. AliExpress is one of the most downloaded shopping apps globally, part of a growing e-commerce trend in which consumers worldwide buy …

Alibaba’s AliExpress warns of possible coronavirus delays, Retail News, ET RetailRead More

Retail Roundup—Costco changes menu; Alibaba, Guess open store

L.L. Bean to open outdoor workspace L.L. Bean will test an outdoor workspace pop-up in Madison, Wisconsin. In partnership with Industrious, the retailer will set up a glassy, open office with patios and business furniture and unique pieces such as a three-set cycling desk. (Milwaukee Journal Sentinel) BJ’s implements PayPal for online checkout BJ’s Wholesale …

Retail Roundup—Costco changes menu; Alibaba, Guess open storeRead More

Alibaba warns of drop in e-commerce revenues due to coronavirus, Retail News, ET Retail

By Akanksha Rana and Josh Horwitz Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries. The warning from executives came during an earnings call for the quarter ending in December 2019, during which the company beat analyst …

Alibaba warns of drop in e-commerce revenues due to coronavirus, Retail News, ET RetailRead More