Alibaba’s delivery operations return to “full strength” as China seeks to kickstart economy
Alibaba’s delivery arm has returned to pre-coronavirus staffing levels as China’s largest retailers begin to rebuild their operations after months of disruption. Cainiao, Ele.me and grocery chain Freshippo, all owned…
JD.com hires Bank of America for Hong Kong listing
Chinese ecommerce platform JD.com has hired Bank of America and UBS to work on a second listing in Hong Kong. The listing could happen as early as mid-2020, according to…
Alibaba to launch shopping festival to counter coronavirus sales drop
Alibaba is launching an online shopping festival in an attempt to boost sales after a drop-off in consumer spending due to the coronavirus outbreak. The Chinese ecommerce behemoth said yesterday…
JD.com shares jump 12% as its brushes off coronavirus impact and beats estimates
JD.com’s stocks have jumped more than 12 per cent as brushed off coronavirus fears and posted better than expected fourth quarter results. The Chinese commerce giant saw revenues skyrocket 26.6…
JD.com to hire 20,000 people to “minimize the impact of the epidemic on employment”
JD.com has promised to hire more than 20,000 people who are out of work due to the coronavirus while it begins making drone deliveries to cut off locations. The Chinese…
Alibaba and JD.com launch initiatives including ‘contactless delivery’ to prevent coronavirus spread
Alibaba and JD.com have launched new initiatives to help fight the spread of the deadly coronavirus including contactless delivery and a global sourcing platform for medical supplies. As coronavirus infections…
How SARS led to the birth of China ecommerce
As the coronavirus crisis in China surpasses over 20,000 infected patients, international ecommerce solutions proivder Azoya looks back at the 2003 SARS crisis to understand how the retail industry adapted…
Alibaba’s fresh-food arm Freshippo sees sales skyrocket amid virus lock-down
Alibaba’s physical fresh-food chain Freshippo has seen sales skyrocket over the past week as residents across China are advised to stay at home. The coronavirus outbreak has impacted many retailers…
Amazon reports 400% surge in face mask sales despite doubts over their ability to prevent infection
Amazon has seen medical face mask sales in the UK skyrocket 400 per cent over the past 24 hours as coronavirus fears spread. Disposable face masks have become the fastest…