Alibaba Hits Huge $157 Billion Annual Sales Milestone

Alibaba announced today that its sites Tmall and Taobao Marketplace have combined to surpass RMB one trillion in annual sales, which is roughly equal to $157 billion. It’s not as much as Walmart, but for e-commerce, it’s pretty huge. The…

Alibaba Makes Major Logistics Investments in Chinese Market

Alibaba announced plans to build a network of warehouses across China, and drive major investment in logistics in that country, with the aim of allowing merchants to meet growing domestic consumption. 

Taobao And Yahoo Japan Partner On Ecommerce

China’s top ecommerce website Taobao and Yahoo Japan have partnered to launch two online platforms to cross sell in each other’s markets.

The partnership will allow Yahoo Japan merchants to list some eight million items in a Chinese-language TaoJapan section.

Taobao, a subsidiary of ecommerce firm Alibaba group, will offer 50 million products from China to Japanese consumers on Yahoo Japan’s China Mall. The two platforms will launch on June 1.