The end of Q3 2019 also marks the end of an era for Alibaba, but will the Chinese eCommerce platform be able to weather the transition? Singpost’s US subsidiaries are in troubled waters as they continue to seek buyers. Meanwhile, more challengers are rising in the face of Southeast Asia’s eCommerce boom.
Coming off the highs from the Q2 sales announcements, Chinese eCommerce sites are making strides to explore new possibilities, Alibaba bounces back with strategic buys and launches, and Amazon answers back to Ambani.
As we approach the middle of Q3, tensions have been causing ripples in the global economy and the eCommerce and logistics space, affecting the likes of Alibaba and Maersk. However, silver linings could be found in other developments within India and China.
Towards the end of July, Southeast Asian eCommerce platforms witness optimistic growth, Chinese eCommerce giant JD.com increases artificial intelligence use, and the US-China trade war continues with US tariffs on Vietnam and Alibaba’s move to thaw tensions. Find out more!