Alibaba’s tenth Singles Day event this past Sunday again set a 24-hour sales record. Those results represent an increase of about 27 percent over last year, smaller than the 39 percent year-over-year increase achieved in 2017. Despite concerns about a slowing Chinese economy and the effects of the trade war with the United States, Alibaba’s […]
Alibaba’s 2018 Singles Day: Record Sales, Slower Growth Read More »
Alibaba.com (NYSE: BABA), the largest B2B trading platform in the world, has just introduced Source Now, an innovative sourcing tool that can help level the playing field for small retailers — and ecommerce businesses. Your larger competitors have long had a buying advantage on you, with their bigger budgets (for travel and attending trade shows), experienced
Alibaba’s New Source Now Tool Gives Small Retailers a New Edge When Finding Merchandise Read More »
The Alibaba-owned UC browser is winning the war for mobile users in India and Indonesia. Relying on StatCounter data, The Wall Street Journal is reporting that it’s beating Google’s Chrome in these large developing markets. Chrome is the most widely used browser in the world, with more than 1 billion users. Globally, Chrome has a
Alibaba’s UC browser beating Google Chrome in Indian mobile market Read More »
Alibaba (NYSE:BABA) set a new record for sales on Singles’ Day this year. The Chinese ecommerce giant sold $25.3 billion in merchandise, a mark that’s 39 percent higher than sales from last year’s Singles’ Day. The annual shopping holiday is a growing phenomenon in China. It’s a day for single people to celebrate being single
Alibaba’s Singles’ Day Success Offers Takeaways for Your Small Business Read More »
Alibaba is nipping at the heels of top cloud companies Amazon and Microsoft. While the two still reign supreme in terms of revenue, the Chinese company leads the pack in terms of growth as Alibaba’s cloud revenue more than doubled in 2016. According to market research firm Gartner, Amazon Web Service (AWS) profits rose 45.9%
Alibaba’s Cloud Revenue Skyrockets, Aims to Surpass Amazon and Microsoft Read More »
