在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

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: 亚洲精品一区二区三区蜜桃下载 | 国产偷v国产偷∨精品视频 国产偷v国产偷v亚洲 | 中文字幕日本视频 | 午夜在线视频 | 欧洲亚洲一区二区三区 | 欧美日韩激情在线 | 国产精品久久久久国产a级 91国内外精品自在线播放 | 久久久夜夜夜 | 亚洲精品免费在线 | 精品一二三 | 久久精品99国产精品酒店日本 | 美女网站视频免费黄 | 久久久国产精品入口麻豆 | 中文字幕久久久 | 深夜成人小视频 | 国产一区二区不卡在线 | 国产精品一区一区三区 | 国产精品亚洲精品日韩已方 | 蜜桃精品久久久久久久免费影院 | 热久久久久 | 精品久久国产 | 天天躁日日躁狠狠躁av麻豆 | 久久久精品一区二区三区 | 午夜免费小视频 | 中文字幕一区二区三 | 午夜精品久久久久99蜜 | 国产精品视频综合 | 日本一级淫片免费看 | 国产黄色一级片 | 国产精品一区二区三区四区 | 欧美小电影 | 久久亚洲一区 | 日韩欧美中文字幕在线视频 | 亚洲三级在线播放 | 色花av| 亚洲精品久久久久久久久久 | 国产色视频在线观看免费 | 欧美视频一区二区 | 精品久久久久久久久久 | 综合一区在线观看 | 亚洲人成电影网 |