
French fashion label Saint Laurent, part of Kering, will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.
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French fashion label Saint Laurent, part of Kering, will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.
Indian e-commerce firm Paytm Mall has opened an office in Bengaluru to accommodate the new recruits as it plans to hire aggressively in 2018 to topple leading e-commerce firms Flipkart and Amazon.
JD.com announced on Tuesday plans to sell 2 billion euros (£1.7 billion) of French goods to Chinese consumers over the next two years, and to purchase another 100 million euros in French-made products.
An overview of the battle for China’s luxury e-tail market, as local web giants work hard to attract foreign labels, which until recently were wary of associating with Chinese e-tailers.
Indian e-commerce majors in order to retain their employees are offering stock options under Employee Stock Ownership Plan (ESOP) programme. The latest to join this trend is Alibaba backed Paytm Mall.
Chinese social media firm Tencent and e-tail platform JD.com on Monday said they will jointly invest $863 million in Chinese discount online retailer Vipshop Holdings Ltd, upping its rivalry in retail with Alibaba Group.
Alibaba founder Jack Ma recently urged World Trade Organisation (WTO) members to adopt easier and transparent rules for e-commerce to encourage small businesses to succeed.
India’s top e-commerce major Flipkart’s revenue jumped 19 percent to Rs 15264 crore (approx $2.37 billion) for the financial year ended March 2017.
Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.
India’s largest digital payments platform Paytm’s second edition of 12/12 festival is currently underway through which the company aims to boost offline digital sales of its 5 million merchant base across the country.