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  • Tuesday, November 17th 2015 posts strong sales, but struggles with losses

    by Markus Huber

    Alibaba’s arch rival in the Chinese e-commerce business,, has posted impressive sales figures for the third quarter. Turnover grew by 52 percent to 44,11 billion yuan renminbi (€6.5 billion) over the prior year’s period. The net result was, however in the red at RMB 530.8 million (€78.0 million). In the third quarter of 2014, […]

  • cosco

    Friday, September 25th 2015 opens Hong Kong facility to support foreign brands in China

    by Markus Huber, the large Chinese e-commerce player, opened an office in Hong Kong yesterday and sealed a strategic deal with Cosco Logistics to support foreign brands when it comes to warehousing customs clearance and shipments from Hong Kong to China PR. The main target of the new partnership are brands from the Far East, notably from […]

  • Tuesday, September 15th 2015

    Russia and China intensify cross-border online trade

    by Markus Huber

    TradeEase is the name of a new joint project between Russia and China which aims to ease online retailing between the two nations. This agreement allows online shops to sell to the respective other country. It is expected that some 800 Chinese shops will join the program by the end of this year to enjoy benefits […]

  • alibaba_library_offices_photo12_large

    Monday, August 10th 2015

    Alibaba’s Tmall seals exclusive deals with international players

    by Markus Huber

    China’s internet trading giant, Alibaba, has reached exclusive agreements with international companies that will handle their online retailing in China only through Alibaba’s Tmall, the local equivalent to Amazon. It is said that the deals include French mega sporting goods retail chain, Décathlon, the Spanish big player in fashion, Inditex (Zara), as well as Timberland, […]