Starbucks- Alibaba to occupy coffee market in China
Starbucks Coffee Company and Alibaba Group Holding Ltd. announced a deep, strategic “New Retail” partnership that will enable a seamless Starbucks Experience and transform the coffee industry in China.
Alibaba Business School Initiates Global E-Commerce Talent Network
Alibaba Business School announced the establishment of the Global E-Commerce Talent (GET) Network, in collaboration with universities and training institutions from around the world. Focused on educating and equipping individuals with the skills needed for e-commerce success in the digital economy.
Why Tech Investors In China Are Primed For Lower Returns
At some point within the next year or so, three Chinese consumer tech giants could go public. One is Ant Financial, the payments arm of Alibaba, which was last valued at about $150bn. Shares in ByteDance are trading in the grey market at a level that implies a valuation of about $100bn, $25bn higher than the last private fundraising for the owner of TikTok and other platforms. And then there is WeBank, a digital bank backed by Tencent, its own management, and a group of government-approved Shenzhen firms.
8 Trends That Will Shape Southeast Asia Ecommerce in 2019
ecommerceIQ, a research unit of aCommerce, predicts the trend of e-commerce in Southeast Asia
Billionaire Jack Ma Adopts ‘Moneyball’ Approach to China Sports
Think of it as “Moneyball” for e-commerce.
Just as professional sports teams have used reams of data to maximize performance, Chinese billionaire Jack Ma is turning to analytics to get the most out of fans and change the way athletic events are managed and people shop for gear.
Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing
Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume
Alibaba’s Robust Ecosystem Supercharges 2018 11.11 Global Shopping Festival
Alibaba Group Holding Ltd. officially kicked off the 2018 11.11 Global Shopping Festival in China’s capital, promising this year’s mega-event will be the largest-ever in terms of scale and reach.
Daniel Zhang will succeed Jack Ma as chairman of Alibaba Group
After a spokesperson of Alibaba denied that Jack Ma is stepping down immediately as executive chairman, Alibaba Group today announced that one year from today, September 10, 2019, chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the chairmanship to Mr. Zhang.