Alibaba Group

Global E-Commerce Market Forecast Report 2023: Market to Grow by $28.75 Trillion by 2030 with Rakuten, Amazon, Alibaba, Walmart, eBay, Zalando, Otto, and JD.com at the Forefront of Growth

Retrieved on: 
Tuesday, January 16, 2024

Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.

Key Points: 
  • Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.
  • Global E-commerce market is growing at a CAGR of 12.22% from 2022 to 2030.
  • Additionally, growth in seamless and uninterrupted Internet offerings is predicted to boost the on-line shopping publicity of consumers thereby favorably impacting the normal E-commerce market growth.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.

Alibaba.com Introduces New AI-Powered Feature at CES to Boost Efficiency and Growth for SMEs and Entrepreneurs in 2024

Retrieved on: 
Tuesday, January 9, 2024

NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group (AIDC), will launch its latest Smart Assistant features powered by artificial intelligence (AI) at CES in Las Vegas, NV from January 9-12, 2024. The Smart Assistant, an AI-powered global sourcing tool, caters to both newcomers and seasoned entrepreneurs in the dynamic world of global commerce.

Key Points: 
  • The Smart Assistant, an AI-powered global sourcing tool, caters to both newcomers and seasoned entrepreneurs in the dynamic world of global commerce.
  • "With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side."
  • It will help ensure small businesses can increase efficiency, purchase smart and keep up with trends by leveraging AI to increase competitive advantages.
  • "Smart Assistant helps buyers embrace their creativity, improve the efficiency of matching buyers and sellers, while making sourcing more accessible for all."

Niu Technologies Announces Appointment of New Director of the Board of Directors

Retrieved on: 
Friday, December 22, 2023

BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the board of directors of the Company (the “Board”), effective from December 25, 2023.

Key Points: 
  • BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the board of directors of the Company (the “Board”), effective from December 25, 2023.
  • Ms. Fion Zhou has served as the chief financial officer of the Company since November 2021, and she was awarded “Female CFO of the Year” by the Barron’s China in 2022.
  • Prior to that, she also held senior finance roles at Viadeo S.A. in Paris and Concord Medical Services Holdings Limited in New York City.
  • Ms. Zhou is a member of the American Institute of Certified Public Accountants and a Chartered Global Management Accountant.

Japanese Patent Holder BWB Files Milestone Intellectual Property Infringement Complaint Against Retail Giant Alibaba Group

Retrieved on: 
Friday, December 22, 2023

In a legal challenge that could have multi-billion-dollar consequences, Tokyo-based BWB Inc. is pursuing a patent infringement lawsuit against global e-commerce technology giant Alibaba Group .

Key Points: 
  • In a legal challenge that could have multi-billion-dollar consequences, Tokyo-based BWB Inc. is pursuing a patent infringement lawsuit against global e-commerce technology giant Alibaba Group .
  • The David vs. Goliath lawsuit, should it be decided in BWB’s favor, could set a legal precedent in e-commerce technology as the operational foundation of Alibaba and other dominant retail sites.
  • These technology patents were issued to BWB CEO and inventor Ryutaro Nishiura between 2019-2023.
  • Previously, BWB filed suit in Japan for alleged infringement of IP rights, and a trial is currently underway in the Tokyo District Court, pitting BWB against defendants Alibaba Japan, Taobao China Holding Co. Ltd. and Hangzhou Cainiao Smart Logistics Network Ltd.

Alibaba.com Reveals Growing Global Demand for Smart Fitness and Sustainable Sport Products

Retrieved on: 
Monday, December 18, 2023

LONDON, Dec. 18, 2023 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has revealed its top B2B buyer sports trends, following a successful exhibition at ISPO, the leading trade fair for the sports industry.

Key Points: 
  • Alibaba.com found that total number of orders of smart fitness products increased by 51% on a year-on-year* basis.
  • These products reflect growing consumer demand for multi-purpose, space-saving and efficient devices.
  • Alibaba.com data also highlighted a heightened focus on sustainability amongst B2B buyers, with significant growth in the sustainable sport category.
  • Over the last month, we've seen demand for smart and sustainable sports products amongst B2B buyers significantly increase as brands stock up on relevant products ahead of the January fitness boom."

1.463 Million Tons of Carbon Emissions Curtailed by NaaS in H1 2023, Ensuring Stability and Efficiency of Global Transport Energy System

Retrieved on: 
Friday, December 15, 2023

Mr. Zhai ascribed the formidable challenge facing new energy development to three factors: "Source"--at supply side, renewable energy, in an intermittent, unstable and seasonal nature, makes an impact on stable grid operation; "Grid"--at operation side, surge of electricity leads to mounting pressure on grid operation and necessitates demand for grid regulation; "Charge"--at demand side, anxiety of charging and energy supply, as one of barriers in EV development, requires a more sound charging service network and higher percentage of high-power charging infrastructure, alongside solutions to eradicate range anxiety of EVs constrained by battery performance and capacity.

Key Points: 
  • In 2022, global carbon emissions from transport sector totaled 8.4 billion tons, roughly representing 24% of the world's total carbon emissions; and China's transport-related carbon emissions (1.258 billion tons+) accounted for 10.4% of China's total carbon emissions.
  • In other words, slashing carbon emissions in transport sector, which of paramount importance, is an unstoppable trend.
  • With digital technology and AI technology at the core, NaaS creates an "energy brain" for the future Internet of transport energy.
  • Serving to "Empower the World with Green Energy", NaaS, Mr. Zhai said, plans to cut China's transport-related carbon emissions by 10% or 1% of national carbon emissions.

Voice Controlled Devices Market size to grow by USD 10.51 billion from 2023 to 2028; Growth Driven by Convenience and improved user experience - Technavio

Retrieved on: 
Wednesday, December 13, 2023

The potential growth difference for the voice controlled devices market between 2023 and 2028 is USD 10.51 billion.

Key Points: 
  • The potential growth difference for the voice controlled devices market between 2023 and 2028 is USD 10.51 billion.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Key Companies in the voice controlled devices market:
    The global hearing amplifiers market size is estimated to grow by USD 28.29 billion at a CAGR of 5.66% between 2023 and 2028.
  • The Voice User Interfaces (VUI) Market size is estimated to grow at a CAGR of 23.39% between 2023 and 2028.

Carbon Neutral Data Center Market worth $35.89 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

Retrieved on: 
Wednesday, December 6, 2023

Increasing demand for growing energy-efficient alternatives for data center cooling and rising carbon neutrality under sustainable development efforts and CSR activities is further expected to support the market growth.

Key Points: 
  • Increasing demand for growing energy-efficient alternatives for data center cooling and rising carbon neutrality under sustainable development efforts and CSR activities is further expected to support the market growth.
  • Additionally, the rising demand for electricity tariffs globally and other is a factor expected to augment the growth of the carbon-neutral data centre market.
  • This is due to the adoption of new strategies by prominent players in the carbon-neutral data center market.
  • Moreover, the presence of key market players and growing collaboration among major players for market penetration in the region provides the opportunity to grow the carbon-neutral data centre market.

Carbon Neutral Data Center Market worth $35.89 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

Retrieved on: 
Wednesday, December 6, 2023

Increasing demand for growing energy-efficient alternatives for data center cooling and rising carbon neutrality under sustainable development efforts and CSR activities is further expected to support the market growth.

Key Points: 
  • Increasing demand for growing energy-efficient alternatives for data center cooling and rising carbon neutrality under sustainable development efforts and CSR activities is further expected to support the market growth.
  • Additionally, the rising demand for electricity tariffs globally and other is a factor expected to augment the growth of the carbon-neutral data centre market.
  • This is due to the adoption of new strategies by prominent players in the carbon-neutral data center market.
  • Moreover, the presence of key market players and growing collaboration among major players for market penetration in the region provides the opportunity to grow the carbon-neutral data centre market.

Fliggy Strengthens Ties with Choose Paris Region to Promote Tourism in France

Retrieved on: 
Wednesday, December 6, 2023

HANGZHOU, China, Dec. 6, 2023 /PRNewswire/ -- Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), signed a letter of intent with Choose Paris Region, a business growth and destination agency for the Paris Region, to deepen collaboration on digital marketing and customer services. At the signing ceremony in Hangzhou, the two parties jointly announced the launch of Fliggy X Paris Region Pass and Online Chinese Customer Service Center.  

Key Points: 
  • At the signing ceremony in Hangzhou, the two parties jointly announced the launch of Fliggy X Paris Region Pass and Online Chinese Customer Service Center.
  • As China's outbound tourism recovers rapidly, the Fliggy X Paris Region Pass, which offers admission to the top attractions in the city, will soon be available for purchase on Fliggy.
  • "Chinese tourists are now favoring self-guided tours rather than group tours when traveling to Paris," said Christophe Decloux, Deputy Managing Director of Choose Paris Region.
  • Zhuoran Zhuang, CEO of Fliggy, said: "Steeped in France's profound history and rich culture, the Paris Region has long been a must-visit destination for Chinese travelers.