China

via Seeking Alpha: China’s online retail market, already the world’s largest at approximately $1.1 trillion according to an estimate by eMarketer, is also the fastest growing. Wow, just think about that fact, the biggest and fastest growing e-commerce market is in China. For the past three years, its compound annual growth …

via Fresh Plaza: Thanks to the booming development of e-commerce in China, more and more people are turning to fresh food apps for their daily shopping. Data from consulting firm iResearch shows China’s fresh food e-commerce industry grew by 59.7% in 2017 to 139.1 billion yuan (22.1 billion U.S. dollars). Among …

via Your Story : The Alibaba Group officially kicked off its 11.11 Global Shopping Festival last night, announcing promotional initiatives that will lead up to November 11. The 11.11 Countdown Gala Celebration will be held on November 10 at Shanghai’s Mercedes Benz Arena. Broadcast live on TV channels, it will feature …

via eMarketer : Alibaba has long held rival platform JD.com to a distant second place in China’s retail ecommerce sector. But there are signs that JD.com is making steady gains into what once seemed like Alibaba’s insurmountable lead. According to recent data from Analysys International Enfodesk, Alibaba’s business-to-consumer (B2C) ecommerce platform …

via technode : After decades of stunning growth, there’s little space left in China’s highly consolidated e-commerce market. Fresh food e-commerce—one of the few less-tapped verticals to crack into this field—is, however, expected to become the next “whirlwind” driven by the wide adoption of healthier lifestyles, product diversification, and customer habits. …

Via The Blade : DETROIT — Although he’s already a billionaire, Jack Ma believes he can’t really be declared a success until the year 2101. “We will not be successful until we’ve been around 102 years,” said the chairman and co-founder of Alibaba Group Holdings, an ecommerce company in China that …

Via Internet Retailer : Tips for success in the largest online retail market in the world. With a population of roughly 1.3 billion people, China offers unprecedented growth opportunities for retailers looking to conduct business internationally. China’s National Bureau of Statistics reported last month that online retail sales in China grew 26.2% …

Via Fortune : Online financial services is a massive opportunity for Chinese technology companies. China’s second largest e-commerce company, JD.com, raised $1 billion in new funding for its consumer finance subsidiary, JD Finance. Investors included Sequoia Capital China, China Harvest Investments, and China Taiping Insurance. The new financing values JD Finance …

Via LinkedIn : Is Google really the target and competition for Alibaba? As Alibaba receives a huge publicly raised war chest for its expansion, the intensity of the conversation around e-commerce is increasing. Boardrooms and shareholders question why Alibaba is the hottest ticket, and analysts provide greater granularity of insights …

Via LinkedIn : The successful Alibaba IPO put the spotlight on one of the most significant business trends in the world today—the rise of China e-commerce. According to Bain, China e-commerce shoppers spent USD $390 billion in 2013 and this will reach $530 billion in 2015. This means that by next …