Jack Ma, executive chairman and co-founder of Alibaba Group in Paris in May 2019. Photo: EPA-EFE
Opinion
Opinion
Jing Daily
Farfetch’s Tmall channels – following Alibaba and Richemont’s US$1 billion investment – show Britain’s flagship luxury e-commerce platform wooing Chinese consumers
Alibaba and Richemont made a billion-dollar bet on the trendy London-based luxury fashion e-tailer, that now pivots further towards China following a post-Covid-19 worldwide luxury slump and Angelababy-driven rebrand