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Alibaba joins fight against counterfeits

China's e-commerce giant Alibaba said on Tuesday that it has joined a group of 20 brands to fight counterfeit goods using data analysis. Alibaba said it was the first alliance to fight counterfeits and it includes both Chinese and international...

Alibaba's founder meets Trump, plans to help American small business

Jack Ma, founder and chairman of China's e-commerce giant Alibaba, on Monday met with US President-elect Donald Trump and discussed plans to help US small businesses sell products to China through the company's platform. "I think the President-elect is very...

Alibaba registers sales worth USD 17.6 billion on Singles Day

Alibaba Group, the e-commerce giant behind the 24-hour Singles' Day shopping blitz, has raked up a record US$ 17.6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. According to...

Alibaba plans to acquire Gurugram-based Shopclues; to have HQ in Bengaluru

Alibaba, the Chinese e-commerce giant, is busy preparing ground for its grand entry into India's online marketplace. The Jack Ma-controlled internet behemoth has held talks to acquire online marketplace ShopClues, one of the few unicorn startups commanding a billion...

Biyani cries consolidation as Flipkart, Snapdeal fight on Twitter

The founders of Flipkart and Snapdeal - the two largest Indian e-commerce retailers - took their online rivalry onto the social media space. The trigger - Chinese e-commerce major Alibaba's entry into India. On Friday evening, Flipkart's Sachin Bansal tweeted:...

World Retail Hall of Fame

Four retailers have been chosen by retail leaders and experts across the globe in recognition of their achievements and dedication to the sector who will be inducted into the Hall of Fame during a special ceremony at the World...
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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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