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Demand for online marketplaces driven by lower-tier Chinese consumers
A report by Invesco about how China’s lower-tier cities are stepping up in consumption says that demand for online marketplaces is driven by lower-tier Chinese consumers. This shift allows merchants...
June 19, 2019
Alibaba plans to up competition with Amazon
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...
May 15, 2019
Amazon to partially shut down in China during this upcoming summer
Amazon is closing its online marketplace in China for the upcoming summer. As of July 18th, Chinese companies are no longer able to sell items through Amazon.cn. Chinese consumers can...
May 1, 2019
3.3% of global online retail made up of counterfeit goods
Around the world, online sales experience an increase in the demand for counterfeit goods, as customers want to pay a lesser price for branded products. According to a report from the...
March 21, 2019
Global E-commerce Market Ranking 2019
eShopWorld has recently published its 'Global Ecommerce Market Ranking 2019' report. In this report, multiple countries are compared across various criteria such as logistics, average shopper spending and more. It...
March 13, 2019
The WTO is working on the modernisation of cross-border e-commerce regulations
According toAxios, the e-commerce market became a 3.5 trillion dollar global market, of which approximately 700 billion dollars is spent on cross-border purchases. However, almost no international or global rules...
March 12, 2019
Online Shoppers in Germany buy more and more in China
Online consumers in Germany buy more and more goods abroad. According to DPD's e-shopper barometer, half of German online shoppers have accessed a foreign webshop to purchase a product cross-border....
January 25, 2019
Bank of China to enable payment in Yuan on U.S. e-commerce platforms in 2019
The official Xinhua news agency reports that the Bank of China’s New York branch will enable Chinese firms to receive payment in Yuan rather than Dollars from their sales on...
January 16, 2019
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:...
January 11, 2019
Alibaba: king of the holiday season
Tamebay.com reports that Alibaba, the most powerful, well-known Chinese marketplace platform, is the absolute king of the 2018 holiday sales. Comparing the United States versus Alibaba Holiday sales for 2018,...
December 4, 2018
Investors slightly disappointed in growth JD.com
Alibaba's biggest competitor, JD.com, finished its third quarter with a total turnover of 15.3 billion dollars. Net profits were about 0.4 billion. Despite these results, investors were disappointed in the...
November 22, 2018
New records Alibaba's Singles Day
As expected, Alibaba has realised a record turnover during Singles Day last Sunday. In total, a turnover of 31 billion was generated that day, a 27% year on year growth....
November 14, 2018
Forecast: e-commerce in China to value $1.8tn in 2022
According to Tamebay, a new report by Forrester called 'Ecommerce in China, Trends and Outlook for the Largest Ecommerce Market in the World', states the value of e-commerce in China is...
September 13, 2018
Online sales of technical consumer goods gain ground in Europe
According to a research by GfK, the online sales of technical consumer goods in Europe lags behind. While e-commerce accounted for a third of the total value of technical consumer...
September 6, 2018
Global shipping volumes: $279 billion revenue in 2017
The Pitney Bowes Parcel Shipping Index revealed that parcel shipping generates 279 billion dollars revenue in 2017. Turnover increased with 11% over 2016, while parcel volumes grew 17%, to 74.4...
August 30, 2018
Alibaba cross-border turnover: 652 million dollar
Chinese e-commerce giant Alibaba generated more turnover from its cross-border activities. This can be concluded when looking at the quarterly figures of the company. The cross-border turnover grew 64%, to...
August 24, 2018
JD.com and Unilever partner in distribution deal
Chinese platform JD.com and Dutch-Brittish Unilever have partnered on distributing some products, e.g. Lipton tea and Lux soap, to China. Unilever states that it is trying to access the more...
August 20, 2018
Alipay to launch in 20 European countries in 2018
The biggest payments firm in China, Alipay, will be available in Europe, in 20 countries, at the end of the year. It is said that the mobile payment platform has...
June 27, 2018
Google invests half a billion in Chinese JD.com
American tech-company Google invests about 550 million dollars into the Chinese web giant JD.com. Both Google and JD.com say they want to cooperate to develop a retail infrastructure that improves...
June 22, 2018
JD.com brings China closer to European retailers by train
E-commerce giant JD.com introduced a new solution for online retailers from Europe who are looking to sell in China. The China Railway Express is faster than the sea and cheaper than...
June 7, 2018
Austria and China sign online trade agreement
Austria and China have signed an agreement, which should give Austrian retailers easier access to the Chinese e-commerce market. Margarete Schramböck, Federal Minister for Digital and Economic Affairs, is currently...
April 20, 2018
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