Walmart and JD.com expand China partnership

Three months after entering into a strategic alliance to expand the breadth and convenience of online shopping options for Chinese consumers, Walmart and JD.com have announced three new ways for customers to access high-quality products from around the world.

Published by: Multichannel Merchant
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Alibaba Group Launches 2016 11.11 Global Shopping Festival

Alibaba Group announced the launch of its 2016 11.11 Global Shopping Festival, unveiling more than three weeks of marketing promotions, entertainment programs, and new product offerings from around the world to engage Chinese consumers on the world’s busiest and largest shopping day.

Published by: Business Wire
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PC still dominates online shopping in Asia

People in Asia are using an increasing number of computing gadgets, including a combination of smartphones, tablets and PCs, but when it comes to making online purchases, the PC is still the primary device people use for their shopping on the internet, according to Taiwanese artificial intelligence startup Appier.

Published by:Nikkei Asian Review
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Alibaba’s Ant Financial demonstrates VR Pay

Virtual reality is growing in popularity, so it’s not too surprising it’s making its way into payments, with Alibaba Group’s finance arm, Ant Financial, demonstrating a payment service that lets shoppers pay for things by nodding their heads.

Published by: PYMNTS.com
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Revisiting Chinese consumer predictions

Five years after producing predictions about the future of Chinese consumer behavior, McKinsey finds affluent senior consumers shaping the market and a continued persistence of physical retail amidst hyper-charged online plays.


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