Office Depot’s Alibaba collaboration

Office Depot’s Alibaba collaboration

The American business supplies distribution company has announced the strategic linkup with the B2B trading platform. According to Office Depot, the goal of this collaboration is to “empower US small- and medium-sized businesses (SMBs) to grow by tapping into the...
China launches anticounterfeit legislation

China launches anticounterfeit legislation

China has rolled out new anticounterfeiting legislation which will place more responsibility on ecommerce sites like Alibaba and Pinduoduo. The legislation holds ecommerce platforms “jointly responsible for counterfeit goods sold by third parties on their site,” TBO...
Amazon takes on Alibaba in Vietnam

Amazon takes on Alibaba in Vietnam

The global online retailer is soon to roll out its e-commerce services in the South-East Asian nation, with the goal of rivalling China’s Alibaba Group Holding, according to the Nikkei Asian Review. In order to develop its presence in the country, Amazon has formed a...
Alibaba to become first $1 trillion company

Alibaba to become first $1 trillion company

According to MKM Partners, the firm looks to set to become the first $1 trillion (€832.1 billion) Internet company by 2020. As CNBC reports, an analyst from MKM Partners has revealed that Alibaba could reach this sought-after valuation by 2020, beating Amazon and...