Category Asia

Amazon Is Not Giving Up on China, Goes on a Hiring Spree. Thx Cross-Border Commerce!

Amazon at Alibaba‘s Tmall Amazon seems to see yet another opening at the Chinese market. The company is at least hiring at every level. South China Morning Post (which is owned by Alibaba): The online retail giant lists almost 400 Chinese-based openings on its careers website and more than 900 on LinkedIn. They include senior […]

What Alibaba, JD, China Post See in Turning Small Stores Into Franchise Touch Points

Speaking of Chinese online retail, here‘s China Money Network on Alibaba‘s plan to transform China’s mom-and-pop stores: The retail giant has now unveiled an even more ambitious plan to transform 10,000 mom-and-pop convenience stores across China into a vast network of Tmall.com brick-and-mortar outlets, where consumers can shop, pick up packages, make orders online or […]

5 Reasons Why China’s Online Retail Is so Successful AND Structurally Ahead of the West

TechNode on the current Chinese e-commerce market: E-commerce in China has seen such rapid growth in 2017 that even something as mundane as selling vegetables is starting to sound sexy. During the first six months of 2017, China’s online retail sales of goods and services recorded a 33.4% year-on-year growth amounting to RMB 3.1 trillion […]

Alibaba Won Against JD.com & Now Leads a $1.1b Round in Indonesia’s Tokopedia

And another one on the Alibaba vs. JD.com front. As we expected, Alibaba won against JD.com in their fight about which of the two fierce Chinese competitors will be investing in Tokopedia. TechCrunch: A valuation for the deal was not announced, but the companies did say that Alibaba has become a minority shareholder. […] The […]

Alibaba (+56%) Grew Faster Than JD.com (+44%), and Has Better Gross Margins

Compare JD.com‘s Q2 numbers to Alibaba‘s. Alibaba‘s revenues jumped 56 percent to 50.1 billion yuan ($7.51 billion) (with profits nearly doubling). Meanwhile, JD.com had in Q2 2017 revenues grow 44% year-over-year (YoY) to 93.2 billion yuan ($13.7 billion). The Street on the differences between Alibaba and JD.com: [Alibaba] reported 56% year-over-year growth in revenue to […]

JD.com Grows Orders by 41% and Customers by 37%, Fulfillment Costs Rise by 39% YoY in Q2

The highlights from JD.com‘s Q2 2017 numbers: Orders rose by +41% YoY Customer accounts increased to 258.3 million (+37% YoY) Mobile orders now make up 80%, an increase of +42% YoY More at China Internet Watch: JD’s GMV for Q2 2017 increased by 46% to 234.8 billion yuan (US$34.6 billion) from 160.4 billion yuan in […]

Why JD.com Needs Those Cooperations With Baidu, WeChat & Toutiao

Baidu is the latest company JD.com is cooperating with on mobile. Bloomberg: Under the arrangement, users browsing for product information on Baidu’s mobile search app can now access a dedicated section to buy items directly from JD, China’s second-largest e-commerce provider. By encouraging users to stay within its app and make purchases, the search giant […]