NewsAlibaba generates USD 74.1 billion on Singles’ Day despite COVID-19JD.com recorded USD 40.9 billion in GMV, a 34.6% increase from last year. 2 mins read
The penetration rate of livestreaming e-commerce in China was 4.1% in 2019 and is expected to reach 8.6% by the end of 2020 and 14.3% by 2021. NewsAlibaba expects livestreaming e-commerce penetration rate to reach 30%2 mins read
Vietnam’s e-commerce sector is expected to grow by 46%. NewsGrab inks partnership with Lazada in Vietnam to integrate product offerings2 mins read
China’s tech giants feel the chill of a tighter regulatory environment. NewsKEY STAT | Alibaba stocks plunge as antitrust regulation hits Singles’ Day1 min read
Alibaba’s Double 11 has become bigger and more accepted in Southeast Asia, says one expert. InsightsSingles’ Day e-shopping bonanza lands in global markets4 mins read
First sales data shows that JD.com is already closing in on its 2019 record. NewsAlibaba sales growth slows in first 10 days of shopping festival1 min read
Thailand saw a 173% growth in social commerce order volume during the second quarter, according to a report from Shoplus. NewsFacebook Thailand gears up for Singles’ Day with new shopping features on Instagram2 mins read
86% of online shoppers in China plan to spend the same, if not more than they did in last year’s sales event. NewsKEY STAT | China’s 11/11 shopping event expected to beat 2019 sales record2 mins read
Livestreaming has become the new battleground for e-commerce platforms in Vietnam. InsightsChina’s Singles’ Day catches on in Vietnam’s booming e-commerce sector5 mins read