Tag Archives: Alibaba

Guess and Alibaba unveil AI-powered store of the future at Hung Hom

Purchase-on-the-app

(Source: Inside Retail Asia | July 5, 2018) Guess has collaborated with Alibaba Group to bring artificial intelligence (AI) to the fashion world in a store of the future. The two companies have teamed with Hong Kong Polytechnic University (PolyU) to open a short-term FashionAI store at PolyU’s Hung Hom campus, billed as “a glimpse of what the future of ...

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Alibaba snaps up Daraz

daraz

(Source: Inside Retail Asia | May 9, 2018) Alibaba Group has acquired south Asian e-commerce platform Daraz for an undisclosed sum. This will make Daraz Group’s platform a wholly owned unit of the Chinese e-commerce provider, which also runs the Taobao and Tmall platforms. “Together with Daraz, we can empower entrepreneurs to better serve consumers in the region through our ...

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Chinese e-commerce giant Alibaba sets plans for Thailand

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(Source: Business Insider UK, AP | April 19, 2018) The Chinese e-comm shopping giant, Jack Ma, met with Thailand’s prime minister, Prayuth Chan-ocha, on Thursday and signed an agreement to help set up a “smart digital hub” to facilitate trade between Thailand, China, Laos, Myanmar, Cambodia and Vietnam. Reports said the hub, due to be completed next year, would also ...

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Alibaba doubles investment in SE Asia e-commerce firm

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(Source: Yahoo Singapore, AFP News | March 19, 2018) Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia’s leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83 percent of Lazada with two investments totalling $2 billion as of June last ...

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E-commerce is the fastest-growing global retail channel through 2022: report

E-commerce And Online Shopping

(Source: Retail Asia Online | January 16, 2018) Internet retailing is the fastest growing global channel through 2022 at 73% to become a larger channel than traditional grocery retail, according to global market research company Euromonitor International which released its new retailing industry data alongside the second annual What’s New in Retail: Emerging Global Concepts report. Within internet retailing, the ...

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The push toward ‘retailtainment’

(alizila.com)

(Source: Techwire Asia | December 6, 2017) Retailtainment is a term used to describe experiential retail: the merging of entertainment and technology with traditional shopping. This is one way in which retailers are working to keep consumers visiting their brick-and-mortar stores. And these efforts are crucial considering an estimated 8,000 retail store locations will close this year, according to financial ...

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China gets ‘New Retail’, brought by Alibaba and L’Oreal

Source: alizila.com

(Source: Techwire Asia | November 9, 2017) Cosmetics Company L’oreal has introduced “New Retail” concepts into its customer journey experience in collaboration with Alibaba’s Tmall.com in conjunction with the e-commerce giant’s 11.11 Global Shopping Festival. “New Retail”, a term coined by Alibaba founder Jack Ma, is being called “an innovative business model” that is bridging the gap between online and ...

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Alibaba and JD.com make foray into groceries

(Source: Asia Nikkei Review)

(Source: Asia Nikkei Review | November 1, 2017) The rise of online-to-offline retailing in China has blurred the boundary between the two traditional mechanisms of selling consumer goods, and the country’s e-commerce giants are determined not to miss the chance to finally get into perishables — the last remaining stronghold for brick-and-mortar stores. Spotting the potential of the the business ...

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Online retail grocery in South East Asia : Alibaba or Amazon?

(Source: Entrepreneur.com)

(Source: Retail in Asia | October 25, 2017) In South East Asia, online retail grocery is growing as an increasing number of Singaporeans prefer to do their shopping online. “It is getting better and better,” said Mr Vikram Rupani, president of RedMart, an online grocery company based in Singapore that is part of Alibaba‘s push into the region, “but it’s ...

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China’s Alipay introduces offline e-payment system into Philippine market

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(Source: xinhuanet.com | October 25, 2017) A new offline e-payment system supported by China’s mobile payment platform Alipay was rolled out recently in Manila, showing the country’s desire to accelerate the digitization to help facilitate the lives of Filipinos. At the launch ceremony, Philippine consumers experienced buying goods and services through scanning QR codes through mobile phone app GCash, owned ...

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