Por: The New York Times World November 11, 2022
For years, China’s annual shopping extravaganza known as Singles Day looked like a profitable exchange between East and West. Thousands of premium Western brands like Apple and L’Oreal were bought by hundreds of millions of Chinese consumers on the e-commerce giant, Alibaba.As Xi Jinping pushes China to become more economically , Singles Day is adjusting to a more insular era, one built on the strength of domestic companies with close... + full article
Associated Press USA Tech November 18, 2022
HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.The company reported net losses of 20.6 billion yuan ($2.87... + más
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
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MarketWatch USA Business November 17, 2022
While the figures mark a return to growth for Alibaba after recording flat annual sales for in the second quarter, it is still a historically weak expansion. The company has suffered from Beijing’s zero-Covid policy and last week declined to release sales numbers for the... + más
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
Associated Press USA Life November 11, 2022
HONG KONG (AP) — China’s biggest online shopping festival, known as Singles’ Day, is typically an extravagant affair as Chinese e-commerce firms like Alibaba and JD.com ramp up marketing campaigns and engage top livestreamers to hawk everything from lipstick to furniture... + más
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ABC News USA World November 11, 2022
HONG KONG -- China’s biggest online shopping festival, known as Singles’ Day, is typically an extravagant affair as Chinese e-commerce firms like Alibaba and JD.com ramp up marketing campaigns and engage top livestreamers to hawk everything from lipstick to furniture as they... + más
CNBC USA Tech September 23, 2022
In this articleAlibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of 2022.Kuang... + más
China's social media sales machine Li Jiaqi suddenly returns after mystery absence, just in time for a retail bonanza | CBS News
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CBS News USA Business September 22, 2022
Chinese online influencer Austin Li Jiaqi, left, appears in a video posted to one of his social media accounts touting a Wall's ice cream product. Beijing — It had been more than 100 days since Li Jiaqi, one of China's most prominent and profitable social media... + más
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