Posted inChina, World

China leaps into the brave new world of ‘New Retail’

Alibaba is playing a key role changing the face of retail in China and, probably, the rest of the world. During November’s Double 11 Global Shopping Festival, or Single’s Day, Alibaba set a record in total gross merchandise volumes. The amount of GMV processed by Alipay, which is part of the Alibaba family of companies, reached more […]

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