One of many fast fashion players from China trying to use the Shein playbook to chip away at Boohoo and Fashion Nova is a new brand from e-commerce giant Alibaba.
Alibaba Group warned in February of a drop in revenue as the coronavirus hit supply chains and deliveries.
China's e-commerce giant is targeting key markets such as Spain with reduced monthly fees and commission for vendors, according to sources familiar with the matter.
HANGZHOU, China — Alibaba Group Holding Ltd. turned an obscure Chinese holiday into the country's biggest shopping event. Now it's aiming to take the
SAO PAULO, Brazil — Alibaba Group Holding Ltd., China's largest e-commerce company, is emerging in Brazil as a challenger to entrenched foreign