Alibaba Launches Korea Pavilion on Tmall
The Korea Pavilion is the first official online country pavilion dedicated to providing consumers in China with one-stop shop for genuine Korean products and travel and cultural information.
Tmall
Ecommerce Spending in China to Exceed $1 Trillion By 2019
Ecommerce spending in China will exceed $1 trillion by 2019, according to a new forecast from Forrester Research, up from $307 billion in 2013. Here’s a look into why U.S.-based merchants need to look at China as they grow their cross-border presence.
Alibaba Reports Singles Day Sales Up 62% to $9.3B
While Chinese ecommerce giant Alibaba reported that Singles Day 2014 – 11.11 – the world’s largest shopping day, brought in more than $9.3 billion in sales, up 62% from 2013, the global phenomenon has yet to make a significant impact in the U.S.
Chinese Government to Ecommerce Firms: Keep Singles Day Legit
Ahead of Singles Day 2014, the Chinese government is warning ecommerce firms, including Alibaba and JD.com, to do all they can to keep all transactions free of fraud. The warning was issued based on numerous consumer complaints from past years.
Costco Enters China Through Tmall
The online store launch will extend Costco’s product offering to consumers in mainland China for the first time. Costco’s online store will initially provide a range of products including food and healthcare product listings, as well as Costco’s private label Kirkland Signature products.
Alibaba an Ecommerce Force to Be Reckoned With
Concerning Alibaba’s global aspirations, the company has struck deals in 2014 with the French and Italian governments aimed at fostering ecommerce growth for merchants from those countries selling on Tmall, including providing them with enrollment support, online marketing and customer service support.