Alibaba

Alibaba acquires competitor Kaola from NetEase in $2bn deal

Alibaba is acquiring Kaola and integrating it into Tmall, creating the largest cross-border e-commerce platform in China. On Thursday (5 September), Alibaba announced its intention to acquire NetEase’s import e-commerce platform Kaola for approximately $2bn. Both Alibaba and Kaola have significant operations in Hangzhou, the capital of China’s Zhejiang province. The transaction will pave the …

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Alibaba acquires NetEase Kaola in deal worth $2 billion – TechCrunch

Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which was said to have stalled in the middle of August after the companies reportedly disagreed …

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Alibaba.com Opens World’s Largest B2B Marketplace To US Businesses

“Alibaba.com is the largest B2B marketplace on the planet,” says John Caplan, the North America B2B President at Alibaba Group. “Today is a great day for US small businesses. Manufacturers and wholesalers can join Alibaba.com today to sell to the world. The platform is now open to enable those businesses to reach the 190 countries …

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What Is Live Stream Shopping?

“Attention shoppers: there’s a sale happening right now — on your phone.” Live stream shopping (or simply live shopping) has taken over the e-commerce airwaves in China, fusing established shopping models like the Home Shopping Network or QVC with live video, content marketing, influencer marketing and entertainment value. In other words: entertainmerce. According to Kleiner Perkins’ …

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These are the seven retailers at the forefront of China’s New Retail revolution – Econsultancy

‘New Retail’. ‘Smart Retail’. ‘Boundaryless Retail’. The evolution currently taking place in China’s retail and ecommerce sector goes by a few different names, but in each case, it’s characterised by the use of technology to merge online and offline commerce. New Retail, the name most commonly used to refer to this trend, has been dubbed …

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