JD.com reported its unaudited financial results for Q1 2024, alongside significant operational developments.
logistics
Alibaba’s Strategic Investments Yield Mixed Results in Q1 2024
Alibaba Group Holding Limited reported a robust performance for the quarter ending March 31, 2024, showcasing a strategic rebound and growth across its diverse business segments. The e-commerce giant’s focus on enhancing customer experience and strategic investments has resulted in notable year-over-year growth, despite challenging market conditions.
Digital Transformation of Chinese Enterprises 2021
According to Accenture’s Global CEO survey in 2021, about 70% of the Chinese executives interviewed believe that the competitiveness of Chinese enterprises has improved compared with North American and European enterprises. In contrast, about 40% of the European and North American executives interviewed believe that their enterprise competitiveness has decreased compared with Chinese enterprises. China […]
Top 10 forecasts of China’s manufacturing industry 2021
50% of China’s top 2000 enterprises will use AI to develop risk-based operational decision guidance and insight; the time to market will be reduced by 55%, according to forecasts from IDC. 1. AI risk decision By 2026, 50% of China’s top 2000 enterprises will use artificial intelligence to develop risk-based operational decision guidance and insight, […]
China express delivery business volume up 41% in May 2020
In May 2020, the business volume of China’s express delivery service completed 7.38 billion pieces, a year-on-year increase of 41.1%; the corresponding business revenues totaled 77.19 billion yuan, a year-on-year increase of 24.9%. The business volume of the express delivery services in China has accumulated 26.41 billion pieces in the first five months of 2020, […]
INFOGRAPHIC Overview on Cainiao, Alibaba’s logistics platform
Cainiao Network, an Alibaba affiliate, was founded in 2013 to create a logistics information platform that links a network of delivery partners, warehouses, and merchants to make package deliveries faster and more efficient.
Alibaba’s cross-border B2C platform AliExpress reached 100M buyers
A girl from Chile bought her father a watch as a gift at US$41.01 from Alibaba’s retail platform AliExpress on 10 April 2017. What she did not know is that she is recorded by Alibaba as the 100 millionth customer.
China Cross-border Transactions to Reach US$1 Trillion in 2016
China had more than 5000 different types of cross-border online platforms serving over 200,000 companies of e-commerce operations in 2015. Driven by the rapid growth of e-commerce, small and medium e-commerce companies has become a new growth focus in China.
China-Russia Online Shopping Growing Fast in 2015
A total number of more than 60 China’s e-commerce websites entered Russia in 2015 including AliExpress, Jingdong, TradeEase and other start-ups according to Yandex.
China Cross-border Online Shoppers to Reach 35.6M by 2018
35% of China’s online shopping consumers bought cross-border products online in 2015, and 73% respondants said the price was the main reason for cross-border shopping according to PayPal and Ipsos research.
Alibaba Investing SGD 313 Million in Singapore Post
Alibaba announced through its official Weibo that it will invest SGD 313 million (about USD 249 million) in Singapore Post (SingPost) for 10.35% share in SingPost.
China’s Total Delivery Packages May Reach 9 Billion in 2013
Total number of China’s annual delivery packages might rank the number one in the world in 2013, according to China Post official data. By the end of November, China packages delivery reached 8.12 billion in 2013. In November 2013, the number of Express Delivery packages hit 1.09 billion, up 61.9% compared to 2012. China Post […]
China Mobile Shopping Market Reached 34.1b Yuan in Q3 2013
According to Enfodesk, China mobile shopping market in Q3 2013 reached 34.1 billion yuan (USD 5.56 billion), with a QoQ increase of 17.7% and a YoY increase of 104%, growing pretty fast. The growth in Q3 was due to the drive of e-commerce enterprises. They improved mobile-end user loyalty by offering discount and coupons, in […]
Preparing For Double 11: The Battle Over Logistics Begins
Although Double 11 is one month ahead, big B2C platforms are busily preparing for logistics. Last year, the battle over Double 11 began with the competition for brands. This year, the prologue is logistics. Some enterprises revealed that Jingdong’s emails claiming that it would offer logistics compensation and traffic compensation. Experts said Jingdong aimed not […]