Chinese Maoists Upset With Alibaba’s Tmall Global Wine Festival

Chinese Maoists protested against Alibaba’s Tmall Global Wine Festival on September 9, calling it “unethical” as the date coincides with founding leader Mao Zedong’s death anniversary. Mao died on September 9, 1976…Full Article: The Global Times Sept 2017 Key Point In April 2016, Alibaba’s Jack Ma announced the launch Tmall’s September 9 Wine Festival. The

Yigou and ExFresh Look to Expand China’s Cold Chain Delivery Network

Alibaba’s business-to-consumer retail platform Tmall said it will invest an additional US$300 million in online fresh food vendor Yiguo, in a bid to strengthen its online grocery and fresh food business. Tmall is hoping to leverage on Yiguo’s existing cold chain delivery network to achieve nationwide delivery of fresh fruit and vegetables within 24 hours

Alibaba’s Hema Fresh Stores Expand into Beijing

The concept of “New Retail,” which was created by Jack Ma Yun, Alibaba Group Holding’s founder and chairman, in late October, is gaining momentum in the domestic markets. Hema Xiansheng, Alibaba’s newly founded online-to-offline platform, is putting the novel retail business model into practice, an effort experts say is changing China’s traditional retail sector. Despite

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 Womai 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