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Alibaba’s latest quarterly revenue indicates a company still much dependent on its home turf and maybe that’s not such a bad thing. For the 3-month period ending September 30, Alibaba’s total revenue increased 31.7% year-over-year with the China Commerce group leading the way, up 35.1% compared to the International Commerce group, up 13.5% for the same period.
Indeed, despite its strategic plans to grow International, China continues to represents the largest percentage of total revenue, over 80%.
And so, it’s no wonder there’s a lot riding on the largest e-commerce event, Singles Day, November 11. First introduced by Alibaba it has now been embraced by others including JD.com and has also spread outside China’s borders.
A highly competitive period, JD.com has filed complaints against Alibaba alleging the company “disrupted order in the ecommerce market” by pressuring merchants to withdraw from JD.com’s Singles Day promotion. In a separate filing, JD.com is also suing Alibaba accusing it of exaggerating its same-day delivery services.
Needless to say, all eyes will be on this week’s Singles Day activities. Not only will sales be monitored but once again, logistics will be in the spotlight. In fact, Alibaba released a press release espousing the readiness of its logistics subsidiary, Cainiao:
As China’s second largest e-commerce provider, albeit a rather distant one, JD.com appears ready but perhaps more focused on the Chinese domestic market. As of June 30, 2015:
The clear winner of Singles Day 2015 is expected to be Alibaba once again. Alibaba expects this year’s Single Day event to break the 2014 record in which it earned $9.3 billion. In addition, 25 countries will join the festive event and will likely benefit Alibaba’s International Commerce group, however, its China Commerce group that will likely continue to lead the way in terms of revenue growth thanks to Alibaba and Cainiao recent domestic expansions and partnerships.
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Logistics Trends & Insights LLC, based in Atlanta, Georgia US, is looking for an enthusiastic individual that is research savvy and has strong writing skills. In addition, the ability to work on your own, meet deadlines as well as willingness to collaborate is necessary. Logistics knowledge is icing on the cake but not required.
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- Setting up and schedule weekly newsletter
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This virtual position is ideal for College/University students looking for extra spending money as well as experience. As the company grows, additional hours will be available.
Expected starting date is January 11, 2016.
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