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Alibaba Group unveils plans for 2020 11.11 Global Shopping Festival

Alibaba Group Holding Limited kicked off its 11.11 Global Shopping Festival with new innovations and features to meet rapidly changing consumer trends. These include the participation of Alipay’s digital lifestyle platform; broader consumer reach and bigger promotions; ‘double’ the number...

Appetite for online retail sites among kids grows threefold

More children are taking to e-commerce sites for looking at products (and sometimes buying) as new research by cybersecurity firm Kaspersky has found that the interest of children in online shopping has more than tripled in the last 12...

Foreign e-tailers must have registered entity in country: Draft policy

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India. According...

Alibaba’s robust ecosystem supercharges 2018 11.11 Global Shopping Festival

Alibaba Group Holding Limited 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. Businesses within the Alibaba ecosystem will jointly offer hundreds of...

Alibaba CEO Zhang to succeed Jack Ma as Chairman

Chinese e-tailer Alibaba Group's Chief Executive Daniel Zhang will be the new chairman, succeeding its co-founder Jack Ma from September 10, 2019, the global firm announced on Monday. "Ma will continue as the executive chairman of the company over the...

BRICS account for 47 per cent of global online retail sales

BRICS countries account for 47 per cent of the global online retail sales surpassing US $876 billion in 2016, a new study revealed on Thursday. According to the study released by the Ali Research Institute affiliated with China's e-commerce giant...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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