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E-Commerce

Alibaba Unveils Six New Models of Phones

Alibaba launched six new mobile phone models which run on the Aliyun system as it joined other Internet giants to tap growing demand for smartphones. Alibaba’s cloud computing unit will allocate 1 billion yuan (US$1.6 million) of subsidies this year for handset makers and software developers to boost its market position and deepen collaboration. Alibaba will also share paid software ... Read More »

Alibaba in Deal with Melbourne IT

Alibaba has appointed Melbourne IT as a reseller.  The agreement lets Melbourne IT expand the range of online services it offers to its small and medium business customer base in Australia and New Zealand. Melbourne IT provides domain names, web sites, email marketing and search engine optimisation. Theo Hnarakis, Melbourne IT CEO, says the Alibaba.com service will add to the ... Read More »

E-Commerce: Alibaba and MasterCard sign MoU

Alibaba Group and MasterCard have signed a Memorandum of Understanding (MoU) agreeing to collaborate in e-commerce business in the future. Under the terms of the MoU, the two companies aim to join forces to establish an enhanced e-commerce environment to benefit consumers and small businesses. They agreed to work together to help combat intellectual property infringement. Both companies believe the ... Read More »

JD.com – Jingdong Mall

JD.com or Jingdong Mall (Chinese: 京东商城; pinyin: Jīngdōng Shāngchéng), formerly 360Buy, is a Chinese electronic commerce company headquartered in Beijing. It is one of the largest B2C online retailers in China by transaction volume.[4] Its English website, for worldwide shipping, launched on October 18, 2012. The company was founded by Liu Qiangdong (a.k.a. Richard Liu) in July 1998, and its B2C platform went online in 2004. It started as an online magneto-optical store, but soon diversified, ... Read More »

Alibaba Looking to US$8 billion Loan Deal

According to Reuters, Chinese e-commerce giant Alibaba Group is looking to borrow up to US$8 billion to refinance the company’s existing debts. Part of the funds will be used towards the US$7.1 billion share buyback deal agreed with majority shareholder Yahoo in May 2012. Alibaba borrowed US$4 billion in loan last year to fund the privatisation of B2B subsidiary Alibaba.com ... Read More »

Alibaba Group Launches Search Engine Aliyun

Alibaba Group’s Alibaba Cloud Computing (“AliCloud”) subsidiary has released an online search engine, s.aliyun.com. The site currently offers web, news, photo, and map search functions, as well as a “popular suggestions” section at the bottom of the search box displaying popular user searches. The site’s map search is powered by Chinese digital map provider AutoNavi (Nasdaq: AMAP). AliCloud has previously ... Read More »

Baidu Launches Online Shopping Search Site gouwu.beidu.com

Chinese search giant launches gouwu.baidu.com in partnership with local e-commerce players such as 360buy.com and Yihaodian, as it looks to increase its online advertising revenue.   The purpose of these partnerships with local e-commerce players is to offer a vertical search site for online shoppers, but the service will not include Web stores of rival Alibaba. Pioneering partners for the platform ... Read More »

Alibaba Launches Logistics Network

First E-commerce, then payment systems, followed by micro-finance and now delivery systems.  The latest announcement from Alibaba is the creation of a modern express delivery system called ChinaSmart Logistic network (CSN).  The investment required is said to be 100 billion yuan. Initiated by Alibaba the network project has attracted courier firms SFExpress, Shanghai YTO Express (Logistics) Co., property developer China ... Read More »

Alibaba.com Reports Decrease in Fraudulent Activities

Alibaba.com has recently released its end-of-year statistics related to fraudulent activity on its online platform. According to Alibaba, the number of fraud complaints lodged in the fourth quarter of 2012 against Alibaba.com Gold Suppliers (i.e. paid users) was down approximately 60% compared with the same quarter in 2011. Alibaba.com has launched a series of anti-fraud measures since February 2011 when ... Read More »

Alibaba Reshuffles and Jack Ma Steps Down

Alibaba Group announced it will undergo another major restructuring to adapt to China’s changing e-commerce environment and reaching the company’s goal of becoming an e-commerce “ecosystem”. The latest Alibaba restructuring sees the company divided into 25 business units, which will be overseen by two committees – a strategic committee and an execution committee primarily made up of nine top company ... Read More »

Alibaba Restructures 0nline Advertising Divisions

Alibaba Group announced the return of Alimama, an ad exchange platform launched by Alibaba in 2007, to cover wireless advertising for the company’s online platforms including the consumer-focused Taobao. Alimama will also merge with Taobao Alliance, an affiliate advertising program of Taobao which currently provides ad services for the platform. Taobao Alliance will reportedly continue as a business line on ... Read More »

Global Sources’ Private Sourcing Events Deemed a Success in 2012

Global Sources announced the company’s series of Private Sourcing Events successfully served more than 320 sourcing teams from over 100 buying organisations in 2012. The company’s Private Sourcing Events match international buyers with pre-screened large-volume suppliers that can deliver quality products. In 2012, Global Sources reported that over 1,500 high-quality, one-to-one selling opportunities took place between buyers and suppliers. According ... Read More »

Taobao Removed from U.S. List of “Notorious” Pirate Markets

The Office of the U.S. Trade Representative (USTR) announced the removal of Alibaba Group’s consumer-focused e-commerce platform, Taobao, from its list of “notorious markets” of pirated and counterfeit goods. The USTR’s annual report names websites and physical venues “that have a negative impact on legitimate businesses and industries of all sizes that rely on intellectual property to protect their goods ... Read More »

Panjiva Partners with ThomasNet: Provides Access to 500,000 US-based Suppliers

For several years, Panjiva has been working to connect buyers and suppliers across borders, but had been unable to connect buyers with one very important group of suppliers — American suppliers.  Today, this changes, thanks to Panjiva’s newest partner, ThomasNet. Now buyers on Panjiva can use Global Search to access a whole world of suppliers, including over 500,000 suppliers in the United ... Read More »