Alibaba Duels With Tencent for Dominance in China Online Market

Alibaba Headquarters | Source: Reuters

BEIJING, China — Two of China’s richest men are intensifying their rivalry over the world’s biggest Internet market. Jack Ma’s Alibaba Group Holding Ltd., the country's largest e-commerce company, on Aug. 1 said it blocked Tencent Holdings Ltd.’s WeChat to sellers. Four days later, billionaire Pony Ma’s Tencent introduced online payment features to mainland China users of its WhatsApp-like chat software.

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The Robot Ballet Powering Fulfilment for Fast-Growing Fashion Start-ups

Inside the Quiet Logistics fulfilment centre in Devens, Massachusetts | Source: Quiet Logistics

In the third of a series of articles on the current state of fashion e-commerce, sponsored by Magento, BoF visits Quiet Logistics, the company whose combination of Kiva Systems robots and human touch powers fulfilment for fast-growing fashion e-tailers, including Nasty Gal, Bonobos and The Fancy.

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Did Apple Hire Former Yves Saint Laurent CEO to Work on Wearables?

Paul Deneve, former chief executive of Yves Saint Laurent and vice president of special projects at Apple | Source: Courtesy photo

Amidst a wearable technology market that’s set to explode, Apple has announced that former Yves Saint Laurent CEO Paul Deneve has joined the company to work on “special projects,” reporting directly to chief executive Tim Cook.

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