Alibaba Group news

19 October 2015
Alibaba has announced it is opening offices, also known as ‘embassies’ in Italy, France and Germany in a bid to increase the international offering. Saturated market This news comes amid China’s slowest rate of economic growth since 1990, coupled with an increasingly saturated urban market and a $117bn reduction in Alibaba’s market value over the last 12 months. “Gateway to China” Da...
12 August 2015
Chinese ecommerce giant, Alibaba and electronics retailer, Suning have announced plans to buy major stakes in each other, driving logistics collaboration between the companies. US$6.6 bn deals driving synergies Alibaba is to buy a 20% share in Suning and in return, Suning will buy a 1% stake in Alibaba; bringing the combined deals to a value of US$6.6 bn. The tie-in will drive synergies bet...
21 July 2015
Unilever and online retailer, Alibaba, have announced a new strategic partnership helping to increase supply chain capability. Increasing effectiveness Unilever China and Alibaba have announced a comprehensive strategic partnership that will enable Unilever to reach customers across China with precision and effectiveness through Alibaba’s data-driven network. This new announcement builds on...
10 February 2015
Alibaba in China has started a trial on drone delivery in a three day pilot program from February 4th to 6th. Deliveries made by remote control According to Alibaba's official account on Weibo, the test is on a small scale - only 450 Taobao shoppers in Beijing, Shanghai and Guangzhou will receive the delivery of the specific product, ginger tea by drone. These shoppers should expect the prod...