News

E-commerce

Staff Reporter

, China

Published:

2 years ago

Tmall Global to incubate 1,000 international brands

It seeks to support the brands in marketing and cross-border logistics.

Alibaba’s B2C cross-border platform Tmall Global has expressed plans to incubate around 1,000 international brands in the next three years, the company said in a news release.

During the China International Consumer Products Expo 2022 in Hainan, Alibaba said Tmall Global will support the brands in marketing and cross-border logistics to help them reach $1.48m (RMB10m) in annual gross merchandise value (GMV) by the end of 2025.

Fifteen global brands have signed on, including Procter & Gamble’s beauty business Tula Skincare and Bayer’s supplement brand One A Day, Alibaba said.

More than 29,000 global retailers from over 87 countries have opened stores on Tmall Global, and 80% of them made their market entry to China through the platform, the company said.

Follow the link s for more news on

Alibaba

Tmall

Also Read

Food delivery services innovate payment options to combat rising costs

What’s next in the cola wars?

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Italy probes Shein over greenwashing claims

It claims Shein misrepresents sustainability with vague and misleading product statements.

Fashion

5 days ago

Ingka expands omnichannel strategy with new IKEA store in Shanghai

It integrates digital displays with physical shopping.

Stores

5 days ago

Oral beauty gains traction amongst Asian consumers

The “oral beauty" or "oral care skinification” blends skincare ingredients.

5 days ago

Shiseido harnesses AI for innovative cosmetics development

It combines over 100 years of Shiseido’s research expertise with advanced AI technology.

Fashion

5 days ago

Exclusives

Meta is investing big in business messaging

Companies can boost sales by reaching more customers on Messenger, Instagram and WhatsApp.

E-commerce

MINISO opens biggest global store in Jakarta

The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.

Stores

PUMA targets tech-savvy youngsters on TikTok

The world’s third-biggest activewear maker uses local influencers to connect with its market.

Fashion

How retailers can successfully engage the growing Gen Z market

Globally, Gen Zs are expected to have a total consumer spending of $12t by 2030.

E-commerce

Event News

Put humans at the centre of transformation to remain competitive – EY’s Olivier Gergele

Co-Written / Partner

He highlighted six interdependent disruptive forces in consumer products and retail sectors, and how to leverage technology and human-centred strategies to remain at the forefront of the industry.

Co-Written / Partner Utilise real-time data collection, analysis to enhance retail execution strategies, says RSM's David Eu

Retail Asia Awards 2024 Winner: Gateway Mall 2, Araneta

Retail Asia Awards 2024 Winner: Fairprice Group (FPG)

Co-Written / Partner Put humans at the centre of transformation to remain competitive – EY’s Olivier Gergele

He highlighted six interdependent disruptive forces in consumer products and retail sectors, and how to leverage technology and human-centred strategies to remain at the forefront of the industry.