Alibaba announced on Friday that it will shut Tmall in Hong Kong on Oct. 30, 2022, after a one-year run. Alibaba launched the service in the city in May 2021, selling fresh produce and consumer products in collaboration with big-name brands such as Adidas. Tmall is Alibaba’s online retail platform selling major Chinese and global […]
Alibaba is not going to rebrand its B2C marketplace Tmall to Maoxiang, an anonymous executive at the company’s digital business unit told local media outlet Guancha on Saturday. The source partially confirmed a prior rumor that Alibaba is working on Maoxiang, a new online direct sales service adopting a model similar to rival JD’s, but says Maoxiang is just an “exploration project” within Tmall app. Different from Alibaba’s typical “platform” model, the direct sales model requires online marketplace operators to sell their branded merchandise directly to customers, with more control over sourcing, quality, storage and delivery. [Guancha, in Chinese]
This is Alibaba’s first organizational reshuffle since Trudy Dai was named last December as head of the tech giant’s China digital commerce unit.
Following its $2.8 billion penalty for unfair business practices, Alibaba is easing some of its stringent requirements for store openings on Tmall.
The move by Tesla underscores an emerging trend in China, where automakers are relying more on live streaming among other features in bid to boost sales.
The high-level executive of Alibaba’s Tmall was widely seen as a potential choice of the CEO position of e-commerce behemoth.
Alibaba looks to shore up growth for its core e-commerce business.
A closer partnership with Alibaba may help Starbucks in its competition with Luckin.
Tmall’s improved store interface should help support ambitious growth plans set out by its president.
Chinese consumers are increasingly emphasizing in-car technology when it comes to buying cars.