NYSE:BABA

AliExpress Order Volume Surges 60%, Driven by Choice

Retrieved on: 
Thursday, February 8, 2024
Growth, Alibaba Group, The Spring Festival, Spring Festival, AliExpress, Online shopping

The catalyst behind this robust growth is AliExpress' Choice, a premium service introduced in March 2023.

Key Points: 
  • The catalyst behind this robust growth is AliExpress' Choice, a premium service introduced in March 2023.
  • Thanks to Choice, customers in a growing number of markets now enjoy perks including free shipping, assured on-time delivery and free returns.
  • In January 2024, nearly half of the AliExpress orders were placed through Choice, underscoring the service's rapidly increasing customer adoption.
  • Gary Topp, AliExpress European Commercial Director, expressed enthusiasm about Choice's impact: "The introduction of Choice represents a watershed moment for AliExpress.

NextPlat Receives Initial Approvals to Launch OPKO Health-Branded Storefront on Alibaba's Tmall Global Platform in China

Retrieved on: 
Monday, February 5, 2024
Growth, Immunity, Global Operations, OPKO Health, Commerce, Ali Baba, Sale, Health, Online shopping

COCONUT GROVE, Fla., Feb. 5, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, is preparing for the launch of its exclusive OPKO Health-branded storefront on Alibaba Group Holding Limited's ("Alibaba")(NYSE: BABA) Tmall Global in China following receipt of the initial set of approvals required to operate the store in the country.

Key Points: 
  • Under terms of the exclusive joint e-commerce development agreement with OPKO Health Europe ("OPKO"), a subsidiary of OPKO Health, Inc. (NASDAQ: OPK) secured late last year, NextPlat is launching an OPKO Health-branded online storefront on Alibaba's Tmall Global e-commerce platform in China.
  • All in-country sales and marketing support for the OPKO Health Tmall Global e-commerce site is being provided by a local online specialist, a Tmall Global-preferred merchant partner.
  • The sales of OPKO products in China will be managed through NextPlat and will be made available to purchase for Chinese consumers through Tmall Global.
  • Tmall Global is China's leading import e-commerce platform where consumers can access over 46,000 international brands.

OFFICIAL PARIS 2024 HOSPITALITY PROVIDER, ON LOCATION, PARTNERS WITH FLIGGY TO LAUNCH CHINA ECOMMERCE STORE

Retrieved on: 
Monday, February 5, 2024
Partnership, Travel, Diving, Alibaba Group, Eiffel Tower, BABA, Tennis, Athlete, Seine, Olympic Games, SVP, Golden Joystick Awards, Basketball, City, Culture, Imagination, HKEX, Tourism

HANGZHOU, China, Feb. 5, 2024 /PRNewswire/ -- On Location, the Official Hospitality Provider for the Olympic Games Paris 2024, and Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), today announced the official launch of the Olympic Games Paris 2024 Hospitality eCommerce store in China. The opening of the digital store on Fliggy's platform marks the start of a new partnership between the two companies, with Fliggy now an important e-commerce partner for On Location in China. This is the first dedicated site for consumers in China to access hospitality packages for the upcoming Olympic Games Paris 2024.

Key Points: 
  • HANGZHOU, China, Feb. 5, 2024 /PRNewswire/ -- On Location, the Official Hospitality Provider for the Olympic Games Paris 2024, and Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), today announced the official launch of the Olympic Games Paris 2024 Hospitality eCommerce store in China.
  • This is the first dedicated site for consumers in China to access hospitality packages for the upcoming Olympic Games Paris 2024.
  • With the exception of the Paris 2024 Ticketing Program, the official Paris 2024 Hospitality Program is the only risk-free way to secure attendance to the Games as these are the only official and safe sources to buy tickets and hospitality packages for the Olympic and Paralympic Games Paris 2024.
  • A variety of hospitality packages are already available for purchase at the Paris 2024 Olympic Games Hospitality flagship store on Fliggy, with more packages to be added in the coming months.

Alibaba Group Will Announce December Quarter 2023 Results on February 7, 2024

Retrieved on: 
Thursday, January 25, 2024
Online Retail, Retail, Technology, Other Retail, Other Technology, Internet, HKD, PIN, HKEX, RMB, BABA

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended December 31, 2023 before the U.S. market opens on Wednesday, February 7, 2024, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day.

Key Points: 
  • Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended December 31, 2023 before the U.S. market opens on Wednesday, February 7, 2024, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day.
  • To join the conference, please dial the number provided, enter the passcode followed by your PIN, and you will join the conference.
  • A replay of the conference call will be available for one week from the date of the conference (Dial-in number: +1 855 883 1031; English conference PIN 10035621; Chinese conference PIN 10035625).
  • Please visit Alibaba Group’s Investor Relations website at https://www.alibabagroup.com/en/ir/home on February 7, 2024 to view the earnings release and accompanying slides prior to the conference call.

Alibaba.com Reveals Growing Global Interest in Wellness as Buyers Prioritise Feeling and Looking Good

Retrieved on: 
Monday, January 22, 2024
Beauty, Alibaba Group, DIY, McKinsey & Company, Lipstick effect, Personal care, Yoy, Growth, Cosmetics

LONDON, Jan. 22, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today reveals its top B2B beauty trends. It has found that the Beauty & Personal Care category is the fourth largest on the platform and the UK is the second largest market, falling closely behind the US.

Key Points: 
  • LONDON, Jan. 22, 2024 /PRNewswire/ -- Alibaba.com , a leading platform for global business-to-business (B2B) e-commerce, today reveals its top B2B beauty trends.
  • An increased focus on wellness generally has led to a rise in the category's growth.
  • [1] Furthermore, Alibaba.com's data highlights that the number of buyers in the beauty and cosmetics sector has increased by 12% year-on-year.
  • The UK is in the top three core growth markets with 19% YoY growth, behind France (+24%), and Germany (+27%).

Alibaba.com Introduces New AI-Powered Feature at CES to Boost Efficiency and Growth for SMEs and Entrepreneurs in 2024

Retrieved on: 
Tuesday, January 9, 2024
Dream, Level 4, Artificial intelligence, Las Vegas Convention Center, AIDC, Robotics, Interview, Alibaba Group, Future, Creativity, CES, Small business, RFQ, Marcello, Smart, Sales

NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group (AIDC), will launch its latest Smart Assistant features powered by artificial intelligence (AI) at CES in Las Vegas, NV from January 9-12, 2024. The Smart Assistant, an AI-powered global sourcing tool, caters to both newcomers and seasoned entrepreneurs in the dynamic world of global commerce.

Key Points: 
  • The Smart Assistant, an AI-powered global sourcing tool, caters to both newcomers and seasoned entrepreneurs in the dynamic world of global commerce.
  • "With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side."
  • It will help ensure small businesses can increase efficiency, purchase smart and keep up with trends by leveraging AI to increase competitive advantages.
  • "Smart Assistant helps buyers embrace their creativity, improve the efficiency of matching buyers and sellers, while making sourcing more accessible for all."

Taobao and Tmall’s 11.11 Shopping Festival Records Positive Growth

Retrieved on: 
Sunday, November 12, 2023
Software, Artificial Intelligence, Technology, Supply Chain Management, Electronic Commerce, Online Retail, Retail, Department Stores, Dai, Alipay, Ali Baba, RMB, Growth, Sale, Grand Kerala Shopping Festival, GMV, Online shopping, Tmall, Taobao

Taobao and Tmall Group (“Taobao and Tmall”), Alibaba Group’s China commerce business, today successfully concluded its 15th annual 11.11 Shopping Festival (“11.11” or the “Festival”).

Key Points: 
  • Taobao and Tmall Group (“Taobao and Tmall”), Alibaba Group’s China commerce business, today successfully concluded its 15th annual 11.11 Shopping Festival (“11.11” or the “Festival”).
  • For the entire campaign period, Taobao and Tmall recorded positive year-on-year growth in GMV, order number, and participating merchants compared to the same period last year.
  • Since beta launch in September, millions of users used Taobao App’s embedded generative AI application "Taobao Wenwen" which helps guide consumer purchasing decisions through AI-powered question-and-answer interactions.
  • GMV disclosed in this press release refers to the total value of orders in RMB settled through Alipay on Alibaba's Taobao and Tmall platforms.

Alibaba.com Reveals Growing Global Demand for Smart Fitness and Sustainable Sport Products

Retrieved on: 
Monday, December 18, 2023
Alibaba Group, ISPO, Growth, APP, GMV, Exhibition, Marketing, Online shopping

LONDON, Dec. 18, 2023 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has revealed its top B2B buyer sports trends, following a successful exhibition at ISPO, the leading trade fair for the sports industry.

Key Points: 
  • Alibaba.com found that total number of orders of smart fitness products increased by 51% on a year-on-year* basis.
  • These products reflect growing consumer demand for multi-purpose, space-saving and efficient devices.
  • Alibaba.com data also highlighted a heightened focus on sustainability amongst B2B buyers, with significant growth in the sustainable sport category.
  • Over the last month, we've seen demand for smart and sustainable sports products amongst B2B buyers significantly increase as brands stock up on relevant products ahead of the January fitness boom."