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How Retailers Can Entice Chinese Tourists
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You don’t have to be in China to sell to Chinese people.That’s the message from luxury marketing experts, who point out that tourists,students and immigrants from the world’s largest fine-jewelry consumer have ahuge impact on the...
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Marketing
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Oct 17, 2018
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Joshua Freedman
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Mobile Drives Singles’ Day Sales Beyond $25B
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Shoppers bought $25.3 billion worth of merchandise through e-commerceplatform Alibaba during Singles’ Day, the China-based company reported Sunday. The figures marked a 39% increase over last year’s numbersfor the Chinese shopping holiday,...
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Retail
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Nov 13, 2017
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Rapaport News
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Alibaba Sells Record $18B in Single Day
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Sales on Alibaba Group’s Alipay platform jumped 32 percent onSingles’ Day, underlining the day’s growing importance on the Chinese retailcalendar.The total value of transactions hit $17.8 billion (RMB 120.7billion) compared to $14.3 billion last year,...
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Retail
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Nov 13, 2016
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Rapaport News
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$10B Settled on Alipay by Afternoon of Singles Day
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Ten billion dollars were settled through third-partyonline payment platform Alipay on Alibaba’s Chinaand international retail marketplaces as of 2.05pm China time on ‘Singles Day,’the Chinese e-commerce giant said November 11. Of this, 70 percent was from...
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Retail
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Nov 12, 2015
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Rapaport News
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