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- At a time when competitive intensity levels up in China, Alibaba is increasing investments in both defensive and offensive strategies to attract more end users, retain more merchants and build multiple traffic sources, in order to reach its goal of accessing one billion Chinese annual active users.
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Jan 18, 2022 · With such a difficult environment persisting into the New Year, Alibaba, which has been described as China’s answer to Amazon, faces a potentially challenging 2022 – although analysts count...
- Matthew Fulco
For fiscal year 2022, we served approximately 1.31 billion annual active consumers through our global consumer-facing businesses in the Alibaba Ecosystem, including over 1 billion in China and 305 million consumers outside China.
Mar 14, 2024 · In 2022, Alibaba’s online retail properties took up almost a quarter of the global e-commerce market, nearly doubling the market share that Amazon had. However, challenged by China’s ever ...
- Alibaba Boosted Profits & Gave Back to Shareholders
- Alibaba Hit 1 Billion Users in China Ahead of Schedule
- Alibaba Cut Carbon Footprint by 620,000T
- Alibaba Took Steps to Improve Corporate Governance
- Cainiao Expanded Logistics Network During Pandemic
- Alibaba Hosted Record Product Listings During 11.11
- Maker Festival Spotlit Emerging Consumption Trends
- Beijing 2022 First Winter Olympics on The Cloud
- Alibaba Rallied to Support Shanghai During Pandemic
- Tmall Luxury Pavilion Embraced The Metaverse
Alibaba core profitability consistently beat Wall Street’s forecasts in 2022 as the group reined in spending and carefully husbanded resources. The business proved resilient against a deteriorating macroeconomic backdrop, wild swings in financial markets and fluctuating geopolitical tensions. Alibaba bolstered earnings in the three months ending Ma...
Alibaba topped 1 billion annual active users in China this year, well ahead of schedule. “During this past fiscal year, we achieved our stated goal of serving more than 1 billion annual active consumers in China,” Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group shared in a letterto shareholders in July, in addition to over 300 m...
Alibaba said it had saved 619,944 metric tons of carbon dioxide equivalent in emissions across the 12 months to March 31 by tapping cleaner energy sources. That saving is on a par with the carbon dioxide generated by 12,915 U.S. households in a year, according to the platform company’s environmental, social and governance (ESG) report. The ESG repo...
Alibaba named Irene Yun-Lien Lee, Chairman of Hysan Development, and Albert Kong Ping Ng, a former Chairman of Ernst & Young China, independent board directorsto enhance corporate governance in August. The board additions came on the heels of Weijian Shan’s appointmentin March to the same role. The author, asset manager and banking director is an e...
Cainiao continued to expand its logistics network this year to ease parcel delivery during the pandemic. It unveiled the first automated smart distribution centers in Pakistan, built in collaboration with Daraz, Alibaba’s South Asian affiliated platform. The distribution facilities can handle an average of 420,000 parcels daily. It expanded its net...
Alibaba concluded its most high-tech 11.11 Global Shopping Festival to date in November, delivering sales for brands in line with last year despite economic and COVID-related headwinds. The creator of the world’s biggest retail event hosted a record number of product listings during the festival. Also known as Double 11 or Singles’ Day, the shoppin...
Alibaba’s annual shopping bazaar, the Maker Festival, brought together small business owners to glean industry insights and exchange tips to tide over challenging times. The event offered a glimpse of the latest and greatest consumption trends: outdoor sports and pet care caught the eye of Gen-Z shoppers, while non-alcoholic tipples and camp-fire r...
The Olympic Broadcasting Services(OBS) and Alibaba used the cloud to deliver and produce more content during The Olympic Winter Games Beijing 2022 at a lower cost and with less environmental impact. Alibaba’s cloud computing arm, Alibaba Cloud, has teamed up with OBS to offer a live content delivery platform on the cloud. The platform, run as a pil...
Alibaba’s Ele.medelivery platform was among the services recognized in 2022 for their extraordinary efforts during lockdowns to prevent the spread of the coronavirus in Shanghai. “Officials turned to China’s delivery giants—Alibaba, JD.com, and Meituan—to ferry items to a city in need,” Fortune Magazine editors explained on the news site’s list. Th...
Tmall Luxury Pavilionhas seen meteoric growth over the past five years in step with the growth of China’s luxury market, and it continued to deploy technologies that helped brands reach their customers in multiple dimensions. “This is the destination for Chinese consumers to interact with brands, to browse, to experience the brands,” said Janet Wan...
In the quarter ended December 31, 2022, Cainiao commenced operation of five new international sorting centers, bringing the number of overseas sorting centers in operation to fifteen. In China, Cainiao continues to expand its door-step delivery services for our China commerce consumers.
Jul 26, 2022 · Alibaba’s push to rival Amazon by bringing US businesses on to its ecommerce platform has struggled to meet its targets, dealing a blow to the Chinese tech giant’s global expansion plans.
Dec 7, 2021 · From Jan 1, Alibaba will create two new units, China Digital Commerce and International Digital Commerce, to host its core e-commerce business for better agility, the company said in a statement on Monday, as the two pillars of its growth would be domestic consumption and globalization.
