• Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events
Citi 97.3 FM - Relevant Radio. Always
No Result
View All Result
Citi 97.3 FM - Relevant Radio. Always
  • Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events
Citi 97.3 FM - Relevant Radio. Always

Alibaba in Singles Day sales clash

November 8, 2015
Reading Time: 1 min read
Alibaba in Singles Day sales clash

Singles Day is the world's largest online shopping event.

Share on FacebookShare on TwitterShare on Whatsapp

China’s two largest internet retailers have clashed in the run-up to Singles Day, the world’s biggest online sales day, on 11 November.

Alibaba has been accused by its smaller rival JD.com of “forcing retailers” to promote their sales exclusively with its own outlet, Tmall.

JD.com has lodged a complaint with the Chinese industry and commerce watchdog but Alibaba denies the allegation.

The retail giant claims its rival is “panicking because they’re losing”.

“They simply can’t match our customer and merchant experience and logistical scale because Alibaba wins with customers and merchants as we provide a superior experience for users on our platforms,” said Jim Wilkinson, Alibaba’s senior vice president of international corporate affairs.

The Wall Street Journal reported that a shoe retailer called Mulinsen had declined to promote JD’s Singles Day event.

Singles Day began in the early 1990s as a day for people not in relationships to treat themselves, in the spirit of Valentines Day.

The Chinese State Administration for Industry and Commerce (SAIC) has accepted the complaint and warned retailers “not to use malicious marketing methods to engage in competition” ahead of the event, according to the Xinhua news agency.

A recent change in legislation bans online retailers limiting promotional activity by their merchants on other platforms.

Last year, Alibaba recorded $9.3bn (£5.9bn) sales during the annual event, which it adopted in 2009.
–
By: BBC

Tags: Dr. Akwasi Osei
Previous Post

Poll:Cross section of Ghanaians kick against students paying utility bills

Next Post

Hundreds line-up the streets of Wa to welcome Mahama [Photos]

  • About Citi FM
  • Archives
  • Audio on Demand
  • CITI OPPORTUNITY PROJECT ON EDUCATION (COPE)
  • Events
  • Heritage Caravan: Registration Form
  • Home
  • Schedule
Call us: +233 30 222 6013

© 2024 Citi 97.3 FM - Relevant Radio. Always

No Result
View All Result
  • Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events

© 2024 Citi 97.3 FM - Relevant Radio. Always