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Alibaba touts $56 billion in sales after 30 minutes of Singles Day
Thirteen brands surpassed US$150 million in sales by 12:35 am on Singles Day, according to Alibaba. Also, see Katy Perry's "appearance" and a new fleet of autonomous delivery robot vehicles.
Has China Had Enough Of Celebrity Beauty?
In China's crowded market, space for a new beauty brand, even a celebrity one, is becoming slimmer.
Will China’s shopping festivals save the luxury market?
To offset COVID-19 losses, brands joined China’s three-week shopping holiday, 618, including many luxury brands that have long shied away from discounts.
Alibaba VP on China's post-pandemic retail rebound
Tmall and Taobao's '6.18' sales surge shows recovery of China's economy and growth of ecommerce adoption due to COVID-19.
Pandemic may help China's big 3 ecommerce giants keep lion's share of market
TOP OF THE CHARTS: Despite a shrinking retail market overall, China will supersede the US retail market in 2020 as the world's largest, with ecommerce up 16%, says eMarketer.
Ikea to sell products via third-party website for first time
The world’s biggest furniture seller, which has built its brand by trapping people in a physical maze, is embracing the world of online marketplaces.
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