Alibaba Group Holding,
the Chinese eCommerce retailer, saw a gross merchandise volume of $ 25.3 billion for its 2017 Singles» Day Global Shopping Festival.
Not exact matches
(While this is undoubtedly good news for U.S.
retailers, to put things in perspective,
Chinese ecommerce giant Alibaba surged past $ 6 billion in online sales during its annual Singles» Day event this November).
Within EM companies, we see opportunities in Indian banks,
Chinese ecommerce and Mexican
retailers.
Tmall Global presents a growing opportunity for new foreign
retailers looking to enter the
Chinese ecommerce market through a marketplace strategy.
The expo, organised by well - known
Chinese company «
eCommerce China», was aimed at match - making Australian
retailers to
Chinese daigous and while it wasn't a direct selling event, many daigous placed orders with exhibiting Australian brands including UGG boots and Comvita while marketing their products instantly on
Chinese social media WeChat.