Tmall Global, the international branch of Alibaba's Tmall.com, has reached an exclusive strategic deal with South Korea's largest duty free store group the Shilla Duty Free and Thailand's largest duty free store group King Power to commence a global duty free project in China. According to Liu Peng, general manager of Tmall Global, this is an innovation for cross-border e-commerce. By introducing overseas duty free stores to Chinese consumers, ...
Alibaba is working directly with foreign embassies in China to expand its influence and sales potential around the world. The e-commerce company has opened 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba's group-buying platform, and 26 foreign embassies in China. A total of 11 countries, including United States, New Zealand, Australia, Switzerland, France, ...
My money is on Alibaba, the massive Chinese company that will soon conduct a New York IPO.* Here’s why. Amazon and Alibaba, the world’s largest e-commerce companies, are gearing up for the next big competition: cross-border e-commerce. Both companies have unique advantages in the market, and both are rushing to lock in an advantage in shipping goods from abroad into China, now the world’s largest e-commerce market. In the last few weeks, Amazon.com Inc announced that ...