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  The State of Digital Commerce and Smartphones

The ubiquitous nature of the smartphones and other mobile devices has given rise to a highly informed and connected consumer base. They walk into a retail outlet and they would already be whipping out their mobile devices to compare products or prices available in-store to those available online. Moreover, they expect the retailers to be well aware of not only the merchandise, but also about promotions and discounts on offer. Interestingly, the number of e-commerce transactions has been on the r...

   Ecommerce Web Development Company, Android App Developers     2015-09-09 04:57:31

  Alibaba subreddit has been banned from Reddit

The subreddit of Alibaba, the biggest e-commerce giant in China, has been banned from Reddit.The reason given is that this community has violated the Reddit rules. But no details about what rules are violated given by Reddit. If we now try to access https://www.reddit.com/r/alibaba, we will see below page. From the page, it says this subrredit has been banned 6 months ago. It's unknown whether this subreddit was created by Alibaba Group or by some other people. And it's unclear w...

   CHINA,ALIBABA,REDDIT     2015-09-28 03:20:12

  E-commerce "Whampoa Military Academy" in Guangdong

There are five projects being initiated this year in Guangdong Province to help the young graduates to find jobs or become entrepreneurs, such as providing more internship opportunities to university graduates and setting up total 200 million amount loans to help starting their own business. Among all the announced plans, the “Youth E-Business Elite Plan” attracts the most attention. This plan relies on Taobao University of Guangdong Youth College to train various e-commerce talents...

   e-commerce,Guangdong     2013-04-01 06:49:32

  Jack Ma : Where are you going during the weekends?

Jack Ma, the Chinese e-commerce giant Alibaba founder and executive chairman, was reported to show up in a night club named Dragon-i in Hong Kong on 17th August night (Beijing Time).  It became the headline in China soon after this news was reported as many people thought it was quite unusual that a successful and super rich business man like him would show up in night clubs. Jack Ma explained on his Weibo(China's Twitter) on this and he posted a question to people as well which ...

   Alibaba, Jack Ma, Night club, Bar, Hong Kong     2015-08-23 02:42:59

  The Art (and Science) of Consumer Experience

According to a new report on e-commerce spending and earning by eMarketer, global retail sales are set to touch $22.492 trillion in 2015, with a forecast for a steady rise over the next 3 years, i.e, until 2018. Over the years, online commerce conducted via the smartphone, tablet or even the desktop devices have steadily increased, owing to the increasing adoption of mobile devices. With more than 80% consumers accessing their mobile devices to compare products, redeem coupons or make purchases,...

   Ecommerce Web Development Company, Customer Loyalty Solutions, Ecommerce Development Company, Custom     2015-08-05 06:47:33

  Fab CEO: Why we choose Tencent in China?

Today one important news is that Fab completes its D round fund raising with 150 million US dollars. Regarding this round of fund raising, Fab CEO Jason Goldberg explained : "If Fab wants to do business in US only, then it's not necessary to raise so much money.". Also from the investment of Tencent and Itochu from Japan, China and Japan will be Fab's new market of expansion. Why does Fab choose to cooperate with Tencent to expand Chinese market?(There was news that Alibaba was also contacting F...

   Fab,Tencent,Alibaba     2013-06-19 03:05:03

  Jack Ma retires from Alibaba today

Jack Ma, Alibaba founder and chairman, retires today. Today is the Teacher's day in China and also the 20th anniversary of Alibaba. It's a special day and also a memorable day for all Alibaba employees including employee No.1 Jack Ma. Ma steps down as chairman today as he promised 10 years ago when he was 45. Just a few years back in 2013, he left his position as Alibaba CEO. His successor will be Daniel Zhang who is the current CEO of Alibaba. After today, Jack will start his new life out...

   ALIBABA,RETIREMENT,JACK MA,NEWS,CHAIRMAN     2019-09-10 09:24:43

  9 fields platform companies need to fight for

If you are person reading technology news much, you will find a large part of the tech news are about a few companies : Apple, Google, Facebook, Amazon and Microsoft, in which the first four are today's "Big Four (platform)" as said by Google Chairman Eric Schmidt. These giants have both competition and cooperation in many areas, and each has its own place in the world, with Schmidt's words, Google dominates search, Apple designs device, Amazon occupies e-commerce and Facebook leads social. Alth...

   Big four, Future,Software and hardware     2012-10-20 09:50:43

  Jack Ma speaks within the company's intranet post PDD earnings report

On November 28th, PinDuoDuo(PDD) released its financial report for the third quarter of 2023, ending on September 30th. The revenue for the third quarter was 688.4 billion RMB, showing a year-on-year growth of 93.9%. The net profit, according to the U.S. General Accounting Standards, reached 15.54 billion RMB, with a net profit margin of 22.6%. PDD attributed its overall positive performance to the accelerated recovery of the consumer market and the vigorous implementation of its "high-qual...

   PDD,JACK MA,ALIBABA     2023-11-29 06:02:09

  Spurring the Consumer Feedback Loop with Connected Devices

In a press release from earlier this year, Gartner had predicted that by the year 2018 mobile devices would account for initiating 5% of consumer services cases, registering a marginal rise of 0.02% from 2014. Research shows that most businesses lose around a whopping $83 billion owing to poor consumer services (Source: kissmetrics) in the US alone while globally, the average cost of losing a consumer is $243. It is only viable to think of automating support services as a way to lower the costs ...

   Big Data Analytics Solutions, Loyalty Programs for Customers     2015-08-18 07:11:35

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