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Alibaba Generates US$30.8 Billion in One Day

Alibaba has reportedly racked up US$30.8 billion of gross merchandise volume (GMV) sales in a single day during its annual 11:11 Global Shopping Festival, with Aussie brands among the bestsellers.

Aussie Retailers to Benefit from Alibaba’s $200 Billion Imports Pledge

Alibaba has promised to focus on importing more goods from countries like Australia and the US, in a bid to supply Chinese consumers with a larger range of quality products.

$12.4 Billion and Counting, How Alibaba Pulled off 54% YOY Growth

Alibaba has announced its results for the September 2018 quarter, affirming Jack Ma’s statements that Alibaba is still in a period of rapid, yet sustainable growth.

By |November 5, 2018|Categories: News|Tags: , , , , |0 Comments

Alibaba Aims to Serve 2 Billion Customers by 2036

Alibaba’s Founder and Chairman, Jack Ma, and CEO, Daniel Zhang have released their latest letters to the company’s shareholder’s, outlining the online business’s plans for the future.

By |November 1, 2018|Categories: News|Tags: , , , , |0 Comments

Alibaba Invests AUD$20.5 Billion into the ‘Future’ of E-Commerce

In preparation for the next wave of e-commerce, Alibaba has decided to invest more than $100 billion yuan (approximately AUD$20.5 billion) into smart logistics.

By |June 5, 2018|Categories: News|Tags: , , , , |0 Comments
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