The global e-commerce company is allowing retailers from countries other than China to sell goods internationally via its platform. Mother company Alibaba will expand its international services provided by its subsidiary AliExpress to Turkey, Italy, Russia and Spain. By using the business model of their fast-growing subsidiary, Alibaba will be able to challenge the world’s
Over 1200% growth expected for the number of robotic warehouses by 2025
Retailers are taking advantage of advanced and affordable commercial robotics, with e-commerce fulfilment as their primary driver. According to ABI Research, over 50,000 warehouses globally will use robots by 2025. This is a 1200% increase compared to the 4000 warehouses in 2018. In the United States, the number of warehouses that will be robot-powered is going to increase
E-commerce China bigger than the US’s this year
Even though China's economy is not growing as hard as it did a few years ago, online sales are still rising faster than those of the US, according to figures from the Chinese government. The total turnover of online sales will grow to 1.3 trillion dollars in 2018. That is an increase of 23% since 2017. The total retail sector, including sales through physical stores, was
Alibaba buys German start-up Data Artisans
Chinese e-commerce giant Alibaba has acquired German data analysis start-up Data Artisans for close to €90 million, reports Handelsblatt. Whether it is for autonomous driving, online trade or financial transactions: data is more important than ever and more and more data is being collected. Companies all over the world are now competing in finding the best solution to processes
75 Million for Alibaba’s European Hub
Alibaba is working on entering the European market. To provide a better service, they will open a European hub in Liege, Belgium. The Chinese marketplace giant has reserved 75 million euro for the creation of this hub. Wednesday, December 5th, contracts were signed. In the deal, it is agreed that Alibaba will have 220.000 square meters available at Liege Airport. The first