Welcome! Tuesday - Nov 20, 2018

Alibaba Cross-Broader E-Commerce Logistics, China GDP Grows 7.5%, Lionsgate, Alibaba Teaming on China Streaming Service


China Ecommerce Weekly Breif-Obserevre Intelligence

Editing by Su-Jun Lim

 

Alibaba Said Likely to Sell More IPO Stock in IPO

BY BLOOMBERG

Shares of Alibaba Group Holding Ltd. by the ticker symbol BABA offers and those from its backers will make up the difference as Yahoo scales back. Alibaba has not identified its selling shareholders other than Yahoo to date.

 

Lions Gate, Alibaba to Offer Joint Subscription TV Streaming Service in China

BY REUTERS

Alibaba and Lions Gate Entertainment Corp will launch a subscription streaming service called Lionsgate Entertainment World in China. It is expected to launch in August and will stream exclusively through Alibaba’s Internet television set-top boxes.

 

Is This Boring China Warehouse the Future of Global e-commerce?

BY INTERNET RETAILER

Tmall Global, an international online-shopping solutions provider owned by Alibaba, is developing sales and expanding logistics channels.  Its warehouse is located in a special free-trade zones in Hangzhou, which is one of the six Chinese cities involved in a new government scheme to streamline foreign goods delivery. This bonded-warehouse model may shape the way international internet purchases are imported, inspected and taxed in the future.

 

China GDP Grows 7.5% in Second Quarter

BY THE WALL STREET JOURNAL

A rebound in second-quarter growth stabilizes China’s economy, resulting in a GDP growth of 7.5%. However, economists are skeptical and predict growth to slowdown towards the end of 2014.

 

China Post Invest CNY100 Million in Mobile Payment Services

BY CHINA TECH NEWS

China Post plans to invest CNY 100 million to build an electronic payment platform for mobile phones and internet payment services. The headquarters will be located in Chongqing but no specific date is set for its roll-out yet.

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