Tmall Group Archives - ChroniclesLive

Alibaba, Xiaohongshu tout sales growth in China’s midyear e-commerce festival

Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s answer to Instagram, said its online …

Alibaba chairman Joe Tsai voices confidence in Chinese consumer spending as e-commerce, cloud business units get back on growth track

by Anas Siddiqui

Confidence among Chinese consumers was showing “early signs of growth”, according to Alibaba Group Holding co-founder and chairman Joe Tsai, as the e-commerce giant expects its core businesses to be …