三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Gadgets

Alibaba, ShopRunner plan to launch joint China service

(Agencies) Updated: 2014-05-08 08:34

Alibaba, ShopRunner plan to launch joint China service

A woman walks past an Alibaba advertisement on a wall in Hangzhou, Zhejiang province, Sept 26, 2013.[Photo/Agencies]

Alibaba Group Holding Ltd has struck one of its largest deals with a US e-commerce company, agreeing to help Amazon.com rival ShopRunner expand into China.

ShopRunner, whose partners include Neiman Marcus and Nine West, will use Alibaba's domestic logistics infrastructure to launch in China later this year, ShopRunner Chief Strategy Officer Fiona Dias told Reuters on Wednesday. The move would offer a new way for US retailers to tap the world's second largest economy.

In October, Alibaba paid $202 million for a 39 percent stake in ShopRunner, which launched four years ago and sells products from thousands of brands like American Eagle Outfitters and Calvin Klein. The startup, with over a million members, is still a minnow compared with Amazon or eBay Inc, but a move into China could afford a major boost to its growth.

Alibaba and ShopRunner now aim to create a "joint brand" in China, Dias said. The venture will be in addition to Alibaba's other Web sites, including the three marketplaces that make up more than 80 percent of the e-commerce giant's revenue, according to the company's IPO filing on Tuesday.

Alibaba, ShopRunner plan to launch joint China service
 Alibaba reports strong growth before IPO

Alibaba, ShopRunner plan to launch joint China service
 Alibaba picks up digital content stake

US retailers from Best Buy to Wal-Mart have long tried to crack a Chinese retail market dominated by strong local players.

"Everyone would love to have a way to at least test the market," said Richard Last, a former JC Penney executive and now a professor of retail at the University of North Texas. "If you partner with the Alibaba group, you might have a good shot at being successful."

Alibaba, which on Tuesday filed for what could eventually become the world's largest technology debut, has been trying to court US retailers for years. Its Tmall marketplace hosts an increasing number of brands like Gap.

The company also has been investing in US technology startups, from ridesharing service Lyft to mobile messaging service Tango.

Dias said not all retailers have been comfortable selling through Alibaba sites because they are perceived to be cluttered with retailers who might be selling competing, counterfeit goods.

She argued that a partnership with Alibaba could make more goods available to Chinese buyers: while the appetite for American brands in China is large, the selection is narrow at present."They do want to access Chinese customers and they want to do it on their own terms," Dias said.

ShopRunner offers free two-day shipping within the United States from a variety of stores for $79 a year, similar to Amazon's "Prime" service.

Chinese consumers will get their products 10 days after ordering on the US website, Dias said. But they will have to pay shipping costs from the US market, which Dias said could wind up as high as 20 percent of the product price, or as much as $10 for a $50 item.

American Express, also an investor in Shoprunner, will offer some Alibaba customers complimentary memberships on ShopRunner. ShopRunner has a similar arrangement with American Express in the United States.

Alibaba, ShopRunner plan to launch joint China service Alibaba, ShopRunner plan to launch joint China service
Alibaba confirms IPO in US  Alibaba investing in US messaging startup Tango

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品特级毛片 | 正在播放国产会所按摩视频 | 国产手机精品自拍视频 | 亚洲精品国产第一区二区小说 | 99j久久精品久久久久久 | 亚州综合激情另类久久久 | 女人午夜色又刺激黄的视频免费 | 精品国产一区二区二三区在线观看 | 国产一级久久免费特黄 | 国产免费播放一区二区三区 | 热99re久久精品2久久久 | 日韩精品一区在线观看 | 九九综合视频 | 亚洲国产精品第一区二区三区 | 欧美三级毛片 | 在线观看成人 | 国产精品第1页在线播放 | a久久久久一级毛片护士免费 | 看特级大黄一片 | 国产精品偷伦视频免费手机播放 | 亚洲国产成人久久综合区 | 99re在线这里只有精品 | 欧美一级三级在线观看 | 鲁丝一区二区三区不属 | 国产成人精品视频在放 | 日韩欧美国产亚洲 | 91在线 在线播放 | 麻豆视频www| 国外成人在线视频网站 | 国内精品视频在线播放一区 | 成人精品亚洲人成在线 | 日韩欧美精品 | 一级a级国产不卡毛片 | 亚洲国产一区二区三区青草影视 | 成人免费视频在线观看 | 中文字幕亚洲高清综合 | 韩国 欧美 日产 国产精品 | 一本久道久久综合狠狠爱 | 91视频网页版 | 欧美影视一区 | 国产一区二区三区四区 |