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...
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.
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.
Despite being on the wrong side of some negative press over the past few weeks, Chinese used auto transaction and financing provider Uxin (NASDAQ: UXIN) had a positive close to 2018 in December --- the first month of the platform's partnership with e-commerce giant Taobao.
Alibaba (NYSE: BABA) founder Jack Ma is no longer a shareholder of Zhejiang Taobao Network Co. Ltd., the corporate entity that owns c-to-c marketplace Taobao, according to a report from Caixin.
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.
Taobao, the c-to-c marketplace from Alibaba Group Holdings (NYSE: BABA), has announced a partnership with one China's "big two" live streaming platforms, Bilibili. The two will collaborate on expanding live streaming options and infrastructure on Taobao, and on building greater synergy between the two sites.
Chinese used auto transaction and financing provider Uxin (NASDAQ: UXIN) has seen its market cap collapse once again, nullifying the gains made in a brief rally linked to the announcement of a partnership with e-commerce marketplace Taobao.
China's first e-commerce law, which passed the Standing Committee of the National People's Congress in September, is set to take effect as of January 1. The 76-point document leaves a host of unanswered questions still pending, with particular confusion about how it will affect individual e-commerce operators.
More than 100 customers of Chinese used auto transaction and financing provider Uxin (NASDAQ: UXIN) have united to raise concerns over the company's lending practices.