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Taobao, known as China’s eBay, is the largest e-commerce platform in China operated by the Alibaba Group. Founded in 2003, Taobao encourages consumer-to-consumer retail and mainly caters to buyers in mainland China, Hong Kong, Macau and Taiwan.
Record US$2.8 billion penalty imposed on Alibaba shows that the government is serious about antitrust regulations and that the platform-based internet economy not only grows, but also benefits ordinary consumers.
Older people have struggled to adapt to living in a society where everything is increasingly done online – prompting the government to intervene to ensure they can still access essential services.
Alibaba scales back an ambitious business overhaul plan and bids farewell to a turbulent year, as its founders call on employees to embrace changes.
Ban targets sale and distribution of plastic items, but not possession, so people can still buy online.
There is nothing to fear from missteps because nobody is error-free, Ma wrote, after his co-founder Joe Tsai touched on Alibaba’s mistakes in a podcast interview, generating a frenzy on China’s social media.
The emergence of technology providers like Firework coincides with a growing ‘direct-to-customer’ trend for Chinese merchants involved in cross-border e-commerce.
Chinese e-commerce giant Alibaba is partnering with a domestic rocket developer, with the lofty goal of delivering parcels anywhere in the world within an hour.
Taobao is cutting fees and investing in content creation as it moves to fend off rivals including PDD, Douyin and Kuaishou.
The CEO change at Sun Art comes as Alibaba continues to adjust its offline retail businesses as part of a sweeping group-wide restructuring.
This initiative escalates ByteDance’s efforts to expand the reach of its social media operation into a potentially large e-commerce revenue stream.
From April 1, EHang’s EH216-S electric vertical take-off and landing vehicle will be available in overseas markets at a suggested retail price of US$410,000.
Alibaba will develop native HarmonyOS applications for platforms including its Cainiao courier service and food delivery app Ele.me.
Bilibili is seeking to drive more revenue growth by pursuing collaboration with big e-commerce advertisers.
Alibaba’s latest artificial intelligence push reflects a new tech arms race in mainland China’s e-commerce sector.
The management reshuffle is the latest step by Alibaba to promote a new generation of younger managers amid a sweeping restructuring.
Alibaba chairman Joe Tsai says e-commerce giant is poised to bounce back as restructuring process helps company improve competitiveness and customer service.
The call to break more digital barriers in China’s internet industry comes days before Tencent’s flagship video game, Honour of Kings, returns to ByteDance-owned Douyin’s live-streaming platform.
With the help of artificial intelligence, merchants on the Taobao and Tmall platforms are expected to improve their services and attract new customers.
Some merchants have raised concerns that consumers may look to exploit the terms of these ‘refund only’ policies, hitting their operations.
Merchants selling on the short video app Douyin can no longer opt out of the option to instantly refund up to US$211 before receiving returned goods.
The Beijing High People’s Court on Friday ruled that Alibaba ‘abused its market dominance’ and ordered the Taobao and Tmall operator to pay US$141 million in damages.
The two e-commerce giants are taking a leaf out of the playbook of budget online retailer Pinduoduo, which has had that policy in place since 2021.
Alibaba has promoted a younger cohort to lead key Taobao and Tmall operations after the conglomerate’s CEO Eddie Wu took direct control of the e-commerce unit.
Alibaba’s Taobao and cloud units will directly answer to the conglomerate’s CEO, Eddie Wu, as the tech giant seeks to take on budget-focused PDD amid low consumer spending.
The e-commerce giant is reshuffling the top ranks of its most important profit earner since its sweeping restructuring started over half a year ago, as it tries to regroup after its value fell behind rival PDD Holdings.
The move is meant to allow Alibaba (China) Network, established in 1999, to focus on its main businesses, according to filings.
Misconduct in the industry, from fraudulent advertising to misleading pricing, should be addressed and punished, the piece argues, in a sign that government attitude towards the sector may be shifting.
The company has sharpened its focus on a wholesale marketplace, second-hand goods trading platform, office chat app, and search and cloud storage solution
JD.com CEO Sandy Xu Ran will take over leadership of JD Retail from Xin Lijun, the company announced on Wednesday.
The 3.5-hour system breakdown also affected other Alibaba apps such as DingTalk, as well as the company’s cloud storage services.