Alibaba’s AliExpress pushes ‘10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets

The campaign called “10 billion yuan of subsidies” – a typical mainland marketing phrase used to tout large online allotments – will be given to an initial batch of 1,000 Chinese brands and merchants, including those who have already opened a store on Alibaba’s domestic retail platform Tmall, according to an AliExpress statement on Monday. … Read more

Alibaba’s South Asian platform Daraz names new CEO in latest executive reshuffling at the Chinese e-commerce giant

Daraz Group, a South Asian online shopping platform owned by Alibaba Group Holding, has named a new chief executive, amid continued leadership reshuffling at the Chinese e-commerce giant. James Dong, who already runs Southeast Asian e-commerce platform Lazada Group, has been appointed as the platform’s acting CEO, Daraz Group said in a statement on Wednesday. … Read more