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Singles Day
Alibaba Sees Record Singles’ Day Sales
Singles’ Day has continued to grow as a major onlineshopping occasion in China, with Alibaba Group reporting record sales through itse-commerce sites. The total value of transactions on the Chinese retailgiant’s platforms rose 26% to CNY 268.4...
Retail Nov 12, 2019 Rapaport News
HRD Alibaba
Alibaba Strikes Deal with Belgian Trade
Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer’s Tmall online...
Retail Nov 06, 2018 Rapaport News
Alibaba Richemont
Richemont and Alibaba Bring Luxury to China
Richemont has partnered with Alibaba Group to improve Chineseconsumers’ access to the Swiss retailer’s luxury platforms. Alibaba will provide the technology and infrastructure to helpRichemont sell to the Chinese market through its e-commerce sites,...
Retail Oct 28, 2018 Rapaport News
Israel Bourse Launches Alibaba Partnership 150
Israel Trade Signs Alibaba Consumer Deal
The Israel Diamond Exchange (IDE) has expanded its collaborationwith Alibaba by introducing sales directly to Chinese consumers. Israeli diamonds will be available as loose stones on Ali Auction, the Asian e-commercegiant’s luxury platform, the IDE...
Retail Oct 18, 2018 Rapaport News
Get Diamonds
Israel Bourse E-Seller Inks Chinese Trade Deal
Israel’s Get Diamonds has signed an agreement to sell stones directly to the Chinese jewelry market, the company said this week. Get Diamonds, the e-commerce platform of the Israel Diamond Institute(IDI), will partner with...
Rough Markets Mar 28, 2018 Rapaport News
Israel Diamond Week Opens 150
Traders Optimistic at Israel Diamond Week
Sentiment was strong at International Diamond Week in Israelas traders displayed optimism about the market and noted shortages were supporting prices.Visitors observed increased traffic and exhibitor numbersfrom last year, with dealers from...
Polished Markets Feb 08, 2018 Joshua Freedman
Israel Bourse Launches Alibaba Partnership 150
Israel Bourse Strikes Deal with Alibaba
The Israel Diamond Exchange (IDE) will launch a partnershipwith Chinese e-commerce giant Alibaba Group, enabling traders to sell goods onlineto businesses and consumers in global markets.Some 150 bourse members have formed an online store...
Technology Jan 25, 2018 Joshua Freedman
Alibaba Singles’ Day 2017
Mobile Drives Singles’ Day Sales Beyond $25B
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,...
Retail Nov 13, 2017 Rapaport News
Alibaba Singles Day
Alibaba Sells Record $18B in Single Day
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,...
Retail Nov 13, 2016 Rapaport News
Pandora Eyes China Breakthrough via Online Entry
Pandora has launched on Alibaba’s ecommerce platformTmall.com, as the Denmark-based jeweler aims to break into the Chinese market.Internet retailing, which grew 53 percent last year, is gainingtraction in China because of faster internet, improved payment security andincreasing...
Retail Oct 18, 2016 Rapaport News
Volumes Rise on SDiX Diamond Exchange
Trading on the Singapore Diamond Investment Exchange (SDiX) jumpedto $6.7 million in August, from the inaugural month of May.Trading grew from $1.1 million in May to $3.1 million inboth June and July, according to a spokesperson for...
Financial-Legal Sep 01, 2016 Rapaport News
$10B Settled on Alipay by Afternoon of Singles Day
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...
Retail Nov 12, 2015 Rapaport News
Alibaba Settles $5bn on Alipay in First 90 Minutes of ‘Singles Day’
Five billion dollars were settled through third-party onlinepayment platform Alipay in the first hour and a half of the ‘Singles Day,’ anannual Chinese festival for bachelors, Alibaba Group said in a statement.Sales to the tune of $3.9...
Retail Nov 11, 2015 Rapaport News
Jewelry.com to Enter China’s Online Market
Jewelry.com will expand into China, teaming with e-commerce vendorVoyageOne to help launch its online sales platform in the country.Ofer Azrielant, president of the online jewelry retailer,said China’s online marketplaces, in particular Alibaba’s Tmall Global...
Retail Nov 09, 2015 Rapaport News
11 main
Alibaba Gains 38% Stake in OpenSky, Sells 11 Main
Alibaba Group will sell its U.S.-based ecommerce platform 11 Main (11main.com) to rival OpenSky for an undisclosed sum and in exchange for a 37.6 percent stake in that online retailer, according to Xinhua news. The deal is expected...
Retail Jun 23, 2015 Jeff Miller
Kingold Opens Online Store on Tmall
Kingold Jewelry Inc. launched an online store on Tmall.com, a business-to-consumer (B2C) retail platform owned by Alibaba Group, which is considered to be the largest B2C platform in China, according to iResearch Consulting Group.Kingold will sell 24-karat gold jewelry,...
Technology May 06, 2015 Jeff Miller
Computer Laptop E-Commerce ecommerce e commerce cr
Alibaba Processes $9B in Retail Sales for Its 11.11 Shopping Festival
The Alibaba Group processed $9.3 billion in merchandise sales for the annual 11.11 online shopping festival, also referred to as Singles Day, in China. Alibaba stated that it shipped 278 million orders today, 42.6 percent...
Retail Nov 11, 2014 Jeff Miller
chow tai fook
Eight Leading Chinese Jewelry Brands Light Up Times Square on 11.11
Press Release: On November 11, eight leading Chinese jewelry brands -- including Tesiro, Baocheng and Chow Tai Fook -- will be showcased on the large electronic screen overlooking Seventh Avenue in Manhattan as it passes through Times Square,...
Marketing Nov 07, 2014 Alibaba
11 main
Alibaba Prepares '11 Main' for U.S. Shoppers
Online retail powerhouse The Alibaba Group unveiled 11 Main (www.11main.com), a new shopping destination for U.S. consumers that is inspired by a traditional "Main Street" experience to sell jewelry, watches, fashion goods, art, toys and other...
Retail Jun 11, 2014 Jeff Miller
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