Spain’s Second Largest Bank to Use Alibaba’s Alipay Payment Services

Chinese tourists will be able to use Alipay mobile wallet in Spain thanks to an agreement signed between Spanish bank BBVA and China’s Ant Financial Services Group, BBVA reported on Wednesday [28 June 2017]…Full Article: China Daily June 2017 Key Point Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, is the first Spanish financial company

COFCO’s Waimai Sells US Beef in Beijing While Alibaba’s Yiguo Sells US Beef in Shanghai

China’s major e-commerce platforms are racing to be the first to put US beef under their online sales portfolio, with the arrival of the first commercial shipment of the meat and its products to China due over the weekend, marking the end of a 14-year import ban. Womai.com, the online platform run by the country’s

Alibaba’s Tmall to Distribute Driscoll’s Strawberries and Chicken of the Sea’s Canned Seafood

Following through on a pledge to support American employment, online retailer Alibaba Group Holding is teaming up with two U.S.-based food companies to sell in the Chinese market…Full Article: Nikkei Asian Review June 2017 Key Point In June 2017, during the Gateway business conference in Detroit, Alibaba Group (Tmall) signed Memorandum of Understanding agreements with

Germany’s Aldi Teams Up with Alibaba’s Tmall

German supermarket franchise Aldi has been taking ground from Australia’s dueling retail giants, Woolworths and Coles since 2001. It now hold around 15 percent of the supermarket space with 350 stores across the country and A$4 billion ($3 billion) in annual sales. With the help of Tmall Global, operated by Alibaba, Aldi is now expanding

Alibaba Group Opens Australian and New Zealand Headquarters in Melbourne

Alibaba Group Holding Limited on Saturday [4 February 2017] opened its Australian and New Zealand (ANZ) headquarters in Australia’s Melbourne. “With a local office and expert team, Alibaba Group will help Australian and New Zealand businesses share their world-famous products with billions of customers around the world,” Jack Ma, Alibaba Group Founder and Executive Chairman