• Monday , 20 February 2017

China ecommerce

Cashback News: What’s up with China’s Singles Day promotion and sales projections?

Cashback News: What’s up with China’s Singles Day promotion and sales projections?

Alibaba has already racked up more than $1 billion in sales and more than $5.2 billion in the first hour with more than 84% of sales on mobile devices. 2015 Singles Day sales were $14.3 billion in China for one day alone. compared with a $5.8 billion in US Black Friday/Cyber Monday sales.

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Cashback News: Alibaba – All the global news, all the strategies

Cashback News: Alibaba – All the global news, all the strategies

TechinAsia compares China's Singles Day 2015 sales of $14.3 billion with US Black Friday/Cyber Monday sales of $5.8 billion. Alibaba announced the promotion will run for 24 days instead of one day. Last year's Singles Day sales for Alibaba alone totaled $13.5 billion, up 54% from the previous year, and this year they expect 40,000 global companies to participate.

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Cashback News – Sept 30: India’s E-commerce Game of Thrones Battle Heats Up on Walmart Rumors

Cashback News – Sept 30: India’s E-commerce Game of Thrones Battle Heats Up on Walmart Rumors

The fast-moving Indian e-commerce marketplace heated up considerably with rumors that Walmart is negotiating to invest up to $1 billion in current e-commerce leader Flipkart. While some experts say Amazon is about to surpass Flipkart sales this year, Alibaba also has a small ...

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Cashback News – Aug 31: E-commerce driving Chinese economic growth in 2016

Cashback News – Aug 31: E-commerce driving Chinese economic growth in 2016

eMarketer reports China will become the largest e-commerce market in the world by the end of 2016, reaching $899.09 billion or 47% of all online sales. Online sales will hit $2.416 trillion in 2020 and mobile will account for 55.5% of all ecommerce sales in 2016 and reach 68% by 2020.

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Cashback News – July 13: What’s the magic to Alibaba’s global e-commerce success?

Cashback News – July 13: What’s the magic to Alibaba’s global e-commerce success?

Like Amazon, Alibaba is a global e-commerce powerhouse. As with its competitor, Alibaba’s success is primarily driven by its CEO Jack Ma. It’s a fascinating company to analyze and we’ve got a roundup of recent news to keep you up-to-date on Alibaba’s growth, ...

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Cashback News – June 16: China e-commerce grows despite soft economy

Cashback News – June 16: China e-commerce grows despite soft economy

We’re overdue for an update on the China market and e-commerce, so here’s the latest news, highlights and developments. 13% of Chinese consumers spent more than $85.7 billion on cross-border e-commerce, reflecting strong interest in foreign products. Chinese authorities postponed a ...

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Cashback News – June 13: Online payments news & trends

Cashback News – June 13: Online payments news & trends

Today we’re looking at global online payment news, trends and new product highlights worth following if you are in e-commerce, retail marketing. VC SparkLabs Global’s Bernard Moon says watch for future financial technology disruption in cyber currency, business and consumer ...

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Cashback News – May 18: China e-commerce news roundup

Cashback News – May 18: China e-commerce news roundup

Today, we’ve got a roundup of China e-commerce news, new developments and trends. According to Business Insider, Chinese e-commerce is growing quickly but still faces a big challenge of logistics and getting products to consumers in “the last mile.” Luxury ...

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