Alibaba. How to make China its n°1 or n°2 market ?

Featured image of the article Alibaba. How to make China its n°1 or n°2 market ?
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2 November 2021 à 17h43

Updated on 17 November 2021 à 14h33

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4 minutes

Publication: 2 November 2021 à 17h43, Updated on 17 November 2021 à 14h33

Reading time: 4 minutes

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A subsidiary of Baozun, Full Jet partners with brands to sell on Tmall, Alibaba's marketplace in China. Victoria Glanz, its European C.E.O., reported on the latest changes in the Chinese market.
Add mind Retail to your sources
Publication

2 November 2021 à 17h43

Updated on 17 November 2021 à 14h33

Reading time

4 minutes

Publication: 2 November 2021 à 17h43, Updated on 17 November 2021 à 14h33

Reading time: 4 minutes

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Alibaba will publish Q3 results in the coming days. Why is retail activity is lower than JD’s?

In 2020, JD’s retail revenues reached US$114 billion, against US$95 billion for Alibaba. Indeed, these two companies have very different models. JD is an e-retailer that buys products, resells them and delivers to customers with its own drivers, while Alibaba is a marketplace with a GMV 2.5 times higher than JD.com.

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