Growing Global 2015, Alibaba.com, Tmall, Taobao, ecommerce, global ecommerce, cross-border ecommerce

Alibaba Looks to Cash In with Ali Chinese New Year Shopping Festival

| Tim Parry

The Ali Chinese New Year Shopping Festival will have a different look and feel to Alibaba’s hugely popular 11.11 Global Shopping Festival. The Festival aims to capture the spirit of Chinese New Year among households across China, while also supporting communities throughout the country.

Hudson’s Bay Company to Acquire Gilt

| MCM Staff

Hudson’s Bay Company announced that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements.

Sales From Smartphones up 53%, but Online Retailers Struggle to Find Growth

| Tim Parry

Maybe the year of mobile commerce FINALLY arrived. Retailers said sales from smartphones grew 53% year-over-year, according to the State of Retailing Online 2016, conducted by Shop.org, Forrester Research, and Bizrate Insights. But there’s a catch: despite increased investments in mobile technology, more ecommerce retailers said they are struggling to find growth.