Alibaba's Jack Ma calls a lawsuit by Gucci and other luxury brands ''regrettable.'' (Photo: Xinhua)
The logistics property market is taking off like a rocket on the mainland, and has the potential to grow to US$2.5 trillion by 2029.
A spike in the number of deals is expected this year as investors bet on consumption-led growth.19 Mar 2014 - 3:29am
News that the People's Bank of China had halted plans by mainland internet giants Alibaba and Tencent to offer virtual credit cards sent Tencent shares tumbling yesterday, along with those of partner China Citic Bank.15 Mar 2014 - 12:39am 2 comments
Centaline China, the mainland's largest property agency by number of branches for the past 10 years, is preparing for the changes that will result from the boom in e-commerce in real estate.19 Mar 2014 - 5:26am
When Gap began an online campaign before it launched its Old Navy label in China, the iconic US clothing retailer asked its potential Chinese customers: have you heard of Old Navy?
Only a few had.3 Mar 2014 - 3:22pm
Payment platforms have emerged as a new battlefield for Chinese insurers, who see internet finance as being increasingly lucrative, but their ambitions could be hindered by concerns over cost and competition from e-commerce giants, analysts said.28 Feb 2014 - 8:17am
Ctrip.com International, the mainland's biggest online travel agency, is expected to post solid earnings for the quarter to December on the back of strong demand from outbound travellers and an increase in bookings made through its own smartphone application.12 Feb 2014 - 3:03am
I don't write too much about cloud services in China, mostly because I think the market is too immature despite Beijing's strong promotion of the industry.19 Dec 2013 - 11:07am
Cyber Monday is still on top.
Retailers from Wal-Mart Stores to Amazon started rolling out “cyber” deals at the beginning of last month and kept them going. That led some to wonder if earlier sales would put a dent in Cyber Monday sales.
The Monday after Thanksgiving has been the biggest US online shopping day of the year since 2010.4 Dec 2013 - 3:17pm
Heavy discounting took a toll on US retail sales during the Thanksgiving weekend as shoppers spent almost 3 per cent less than they did a year earlier, according to data released on Sunday by an industry group.
That could be an indication of a more difficult season for many retailers.
One bright spot, according to the data, was e-commerce, as online sales soared.2 Dec 2013 - 9:12am
The Beijing-based firm, also known as JD.com, operates its own network of couriers and warehouses, a factor it says ensures timely and efficient delivery. Larger rivals Tmall and Taobao, the online marketplaces run by mega-firm Alibaba Group Holding, still depend on merchants and external courier firms for their logistics.28 Nov 2013 - 3:38am
Niraj Choksi's world revolved around a sweaty little room - before Alibaba opened the door to untold riches.20 Nov 2013 - 2:36am 1 comment
While the US has the largest and most established e-commerce market in the world, it's no secret that Asia and, specifically, China, is catching up fast.17 Jun 2013 - 10:23am
A colleague recently sent me an e-mail that left me gaping at the screen. It was about a new e-commerce fashion website, Bitfash.com "Oh, another online shopping start-up," I thought. But there's a catch: all items are paid for with the internet currency bitcoin.5 Jun 2013 - 2:46pm
Men are twice as likely as women to become "uncontrollable shopaholics", most shopping is done at night and Jiangsu, not Shanghai, is home to the country's most adventurous shoppers.22 May 2013 - 2:23pm