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Tmall

revenue exceeds expectations in Q4 with strong sales of low-cost products

by David Johnson
revenue exceeds expectations in Q4 with strong sales of low-cost products

By Reuters Translated by Roberta HERRERA Published May 14, 2024 Chinese conglomerate Alibaba Holding reported a 7% increase in fourth-quarter revenue, surpassing expectations, driven by the growth in low-cost product …

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Chinese e-commerce giants face delicate balance between discounts, profit

by David Johnson
Chinese e-commerce giants face delicate balance between discounts, profit

By Reuters Published May 14, 2024 Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in …

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Sephora turns to Nike e-commerce executive to overhaul China business

by Lionel Rogers
Sephora turns to Nike e-commerce executive to overhaul China business

By Bloomberg Published Apr 15, 2024 Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing …

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ByteDance-owned Douyin launches stand-alone shopping app in China, heating up the competition against Alibaba, JD.com, PDD

by Anas Siddiqui
ByteDance-owned Douyin launches stand-alone shopping app in China, heating up the competition against Alibaba, JD.com, PDD

Douyin Mall was launched last week as a downloadable app for Android users in mainland China, the world’s largest smartphone market. An Apple iOS version of the app was not …

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Gucci’s China shock reverberates across the luxury landscape

by David Johnson
Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …

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Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

by Anas Siddiqui
Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies …

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Alibaba tests generative AI tools for Taobao and Tmall merchants as new tech arms race heats up China’s e-commerce sector

by Anas Siddiqui
Alibaba tests generative AI tools for Taobao and Tmall merchants as new tech arms race heats up China’s e-commerce sector

The generative AI tools provided by Huiwa, operated by Alibaba subsidiary Hangzhou Lianfan Information Technology, enable merchants to create both text and graphics content. Alibaba owns the South China Morning …

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Alibaba boosts share buy back as revenues miss estimates

by David Johnson
Alibaba boosts share buy back as revenues miss estimates

By Reuters Published Feb 9, 2024 China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the …

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Tom Ford eyewear hits “milestone” as it enters Tmall Luxury Pavilion

by Lionel Rogers
Tom Ford eyewear hits “milestone” as it enters Tmall Luxury Pavilion

Tom Ford Eyewear, the brand for which Marcolin holds the license, has opened a flagship store on the Tmall Luxury Pavilion in China.  Tom Ford Eyewear/Marcolin The new space features …

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Tiffany & Co. unveils flagship store on Alibaba’s Tmall Luxury Pavilion

by Lionel Rogers
Tiffany & Co. unveils flagship store on Alibaba’s Tmall Luxury Pavilion

Luxury jewelry house Tiffany & Co. has opened a flagship store on Alibaba Group’s e-commerce platform, Tmall.  Tiffany & Co. unveils flagship store on Alibaba’s Tmall luxury pavilion. – Tiffany …

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