Category Alibaba

Alibaba, Chinese VCs & Chinese Startups Are Working on Amazon Go-Like Stores

We recently talked about Bingobox, the Chinese startup working on more low-tech version of an Amazon Go-like store for China. Bingobox is not the only startup in China working on this. China Money Network: Just two months after Amazon Go’s debut in December, there were four or five Chinese copycat companies in operation. Two have […]

Alibaba’s Echo-Like Speaker ‚Tmall Genie‘ and the Future Chinese Voice Market

An Echo competitor from Alibaba was rather inevitable. Now it’s here: The Tmall Genie X1. Bloomberg: Alibaba’s “Tmall Genie X1” will go for 499 yuan ($73) to the first 1,000 people during a one-month trial, coming in below Apple’s $349 HomePod and the roughly $180 Echo. Its biggest competitor, Tencent Holdings Ltd., is developing a […]

Alibaba Is Spending Another $1b to Boost Lazada Stake From 51% to 83%

Speaking of Alibaba. Alibaba is spending $1 billion to boost its Lazada stake to 83%, Tech in Asia reports: Jack Ma’s Alibaba is hiking its stake in prominent Southeast Asian online retailer Lazada to 83 percent for roughly US$1 billion, Lazada Group CEO Maximillian Bittner tells Tech in Asia. The fresh infusion comes a little more […]

Livestreaming, Brands and Other Things Alibaba Recommends to Online Merchants

​Jack Ma talked at length about the “China opportunity” at the company’s Gateway ’17 event in Detroit​. The hour-long video of Jack Ma can be watched on YouTube: ​ Fung Global Retail & Technology has some highlights from Alibaba’s Gateway ’17 event: Livestreaming is a source of inspiration and entertainment for Chinese consumers, especially for […]

Alibaba Wants to Dominate in Russia Too: AliExpress Expands in Russia With One-Day Delivery

East-West Digital News: AliExpress, the Alibaba subsidiary which has overwhelmed the Russian e-commerce scene with cheap Chinese products, is still expanding aggressively in the country. The Chinese company, which opened its platform to Russian merchants in late 2015, has announced that domestic deliveries will be performed in just one day. At start, the one-day delivery […]

Alibaba’s Lazada Launches the First Real Amazon Prime Competitor With LiveUp

This is very interesting news: Alibaba’s Lazada last week launched LiveUp, a subscription service that combines perks from several different services. Tech in Asia: Lazada announced today the launch of a new membership program in collaboration with its recent acquisition, online grocery delivery service Redmart. The program, called LiveUp, will bring the two companies together […]

WeChat Pay

Alibaba’s Alipay Is Under Fire from Tencent’s WeChat Pay in China

Never underestimate the power of mobile messaging. In China, Tencent’s WeChat is starting to threaten Alipay, Alibaba’s payment arm. WeChat has 883 million monthly active users worldwide. The messaging app added a payment function in 2013. Naturally, not all WeChat users use the app for payments. The Information (paywall): Tencent said its payment business had […]

The Big Three (Amazon, eBay, Alibaba) at Shoptalk 2017

It is unfortunately rare (unseen even?) to have all relevant players on a big stage and thus be able to directly compare them to each other. At the Shoptalk conference last week, Amazon, Alibaba and eBay made very different impressions. And Wish and Walmart will be online players to count on, going forward. Amazon got […]

Amazon vs. Alibaba

Amazon: 3 Million Packages a Day, Alibaba: 12 Million Packages a Day

One aspect of Alibaba’s awe-inspiring scale is how easily it can be underestimated. Because Alibaba is still mainly a Chinese company operating ‘just’ in the Chinese market, one can be forgiven to assume the more internationally operating Amazon might be at least as big as Alibaba. (Hence, the underestimation of Alibaba is a function of […]

Fight For India: Alibaba Goes Paytm, Snapdeal Cuts Costs, Flipkart Cuts Merchant Fees

The biggest news from India over the last couple of days has been Paytm getting $200 million from Alibaba and SAIF Partners. Reuters: Alibaba.com Singapore E-Commerce Pvt Ltd picked up a 36.31 percent stake in Paytm E-Commerce for investing $177 million, according to a regulatory filing by the Indian company that runs an online marketplace. […]