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Chinese online retailer is reportedly in talks with bankers for US IPO in May next year.

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Alibaba has announced its financial results for the first quarter ended June 30, 2019. Total revenue was up 42% to CNY114,924m (US$16,741m) YoY. Continue to invest in technology In a press release, Daniel Zhang, Alibaba’s CEO, said, “ We will continue to expand our customer base, increase operating efficiency and deliver robust growth. With strong cash flow from our core commerce business...
Chinese ecommerce company reports second quarter revenue that topped market expectations and a net profit, following a loss in the same period last year. Investments beginning to pay off The company reported net revenue of CYN150bn (US$21.9bn), a 22.9% year-on-year rise, for the April to June quarter, exceeding the market consensus of CYN147.5bn. Net income attributable to ordinary s...
Alibaba is reportedly in talks with NetEast to acquire its cross-border ecommerce platform Kaola . Ecommerce landscape consolidating While neither Alibaba nor Kaola have commented on the potential deal, Sina Finance reports Alibaba could pay as much as US$2bn for the takeover. Alibaba could merge Kaola with Tmall Global, sharing logistics and expertise to drive growth. For the longer term,...
After launching its 88 VIP membership program last year, Alibaba has added new perks and privileges to its top-tier loyalty program. New benefits for VIP members The new benefits include discounts at more online flagship stores, memberships for Alibaba’s different services, and wider access to other platforms within the Alibaba economy. The retailer has extended the 5% 88 VIP member discoun...

This in-depth guide to China explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in China.


Beijing has the world's highest concentration of billionaires, plus some fantastic grocery stores, we pick our must see stores if visiting China's capital city.
We review Dairy Farm's current performance, its growth forecasts for the next five years, plus progress against key strategic objectives.
Alibaba has partnered with one of the country’s leading drug companies, Sinopharm, to dispense over-the-counter (OTC) medicines.
Suguo, a retail chain owned by CR Vanguard, China, has rolled out smart trolleys in its stores.
Alibaba continues to expand its presence in bricks-and-mortar retail. We visit Hema fast&freshade (also known as Freshippo f2), the retailer's latest convenience store concept.
Our team of experts have pulled together a selection of the best fresh categories that we have seen across Asia over the past 12 months.
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