Alibaba’s Tmall, Vipshop, JD.Com Inc Subject to China’s Market Regulator Fine
The decision of imposing fine stemmed from consumer complaints.
The decision of imposing fine stemmed from consumer complaints.
Alibaba and Softbank invest in Indonesian e-commerce Tokopedia with the growing interest in the said market.
Increasing discount and offers entice the consumers with smartphones to dive into the shopping frenzy every year, while increasing competition and rush for the e-commerce players.
In an exclusive report, the Alipay data reveals the spending habits of Chinese consumers for the year of 2015.
As the market falls, Alibaba too experiences a slower revenue growth, yet it keeps the strongest grasp on its economy amid its peers.