Tag: alibaba


Taobao app reinvention transforms use

Taobao app reinvention transforms use

The personalised feed recommendations that were added to the Taobao app in late 2018 are now generating more traffic than traditional search, parent company Alibaba Group Holdings (NYSE: BABA) has confirmed. MAUs across Alibaba’s c-to-c and b-to-c marketplaces, Taobao and Tmall, reached 699 million in December, a quarterly net increase of 33 million. The company’s upgrade to the Taobao app was cited as a key reason...

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Alibaba bucks China downturn with strong Q3

China e-commerce giant Alibaba Group Holding (NYSE: BABA) beat expectations in Q3 2018, a rare bright spot as at least 20 Chinese companies warned investors that full-year earnings would lag expectations. Revenue growth, however, did fall to the lowest rate in two years.

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Mgzf.com offers loans to landlords

Mgzf.com offers loans to landlords

China's Mgzf.com, a rental property listings platform backed by fintech giant Ant Financial, has begun offering financing to rental landlord users. Partnering with Ant Financial, the site is offering loans of up to one million RMB ($140,000 U.S.).

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White-collar jobs in jeopardy in China

White-collar jobs in jeopardy in China

The Chinese internet and tech sector has seen major companies pump the brakes on their headcount in recent weeks. NetEase, Meituan Dianping and Qunar laid off in December, while Alibaba (NYSE: BABA) disclosed that it would be postponing hiring.

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Alibaba hails IP infringement successes

Alibaba hails IP infringement successes

With the 2019 U.S. Trade Representative's (USTR) "Notorious Markets" blacklist set to be released in the coming months, Alibaba (NYSE: BABA) has released a report detailing its success in efforts to reduce IP infringement on c-to-c and b-to-c e-commerce platform Taobao.

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Cola Goods adds 50,000 new users daily

Cola Goods adds 50,000 new users daily

B-to-c used electronics marketplace app Cola Goods (AKA, KeLe YouPin) has been an early success for consumer electronics recycling provider HuiShouBao, according to founder and CEO He Fan. As of early 2019, "Cola Goods is adding 50,000 new users per day," He confirmed.

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Xianyu launches electronics outlet store

Xianyu launches electronics outlet store

Alibaba-backed used goods platform Xianyu has launched a new b-to-c electronics outlet platform, called Xianyu Youpin. Xianyu director of operations Shi Jian 石坚 confirmed that Dell, TCL, and Lenovo have already signed up to the new brand-led sister platform.

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