Taobao news and archive

European fashion embraces live shopping: strategies for brands and retailers

A new battle has erupted among the leading social platforms. The prize is becoming the market leader in live shopping (LS), the real-time selling of products via video. This involves live videos on social media where interested parties can purchase products directly through a link, a product tag, or even an integrated shop within the app. For...

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Alibaba shifts top leadership amid restructuring plan

Chinese e-commerce giant Alibaba Group has announced the appointment of Eddie Yongming Wu as the chief executive officer of the group and chairman of Taobao and Tmall Group, effective immediately. Alongside this, Wu will also serve as chief executive officer of the two subsidiaries. He replaces Daniel Zhang, who will be stepping down the group’s...

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Business|TIMELINE

Timeline: the rise and rise of Alibaba

This week was shaken by several news coming from Chinese e-commerce giant Alibaba. To start, the company’s founder and CEO, Jack Ma, announced his plans to retire in 2019. Daniel Zhang is set to be his successor. Today, Alibaba and Russian technology group Mail.ru said they would launch a joint e-commerce venture in Russia and former Soviet...

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Business

Alibaba quarterly profits almost double to 1.55 billion USD

Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of soaring growth in online shopping. Alibaba, which has made billionaire founder Jack Ma one of China's richest men is a dominant player in online commerce and its robust earnings highlight the strength of the sector even as the...

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Business|TIMELINE

Does Alibaba do enough to fight counterfeit products?

In view of Alibaba's latest setback in its fight against counterfeit products - the US just returned its online platform Taobao to its blacklist of "notorious markets" last week - FashionUnited has taken a look at what steps the Chinese internet giant has undertaken over the past few years to combat fake products on its websites. As we follow...

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Business

Alibaba sales growth soars into the cloud

Chinese e-commerce giant Alibaba's sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said Wednesday. The year-on-year growth in group sales, to 34.29 billion yuan (5.14 billion US dollars), was not matched by net profit, which slid 66 percent to 7.62 billion yuan...

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Business

Alibaba increases anti-counterfeiting staff

New York - Alibaba has announced they will be adding 200 employees to help aid in their efforts against counterfeiting. The company's newly appointed chief platform governing officer Zheng Jungfend kept reiterating in a press conference that counterfeit products are "tumors of society." Alibaba Group currently has plans for data technology to be...