Alibaba’s new Singles’ Day focus: protecting sellers from price wars

Quick Summary:

The e-commerce giant aims to root out ineffective involution’ after Beijing warned against a race to the bottom in price and quality.

TTG has introduced a slew of measures over the past months to help merchants on its platforms.

We hope that the entire e-commerce industry can return to the right track of development,” Zong said.

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Article Details

Author / Journalist: Ann Cao

Category: Business

Markets: Hong Kong

Topics: Taobao Group Merchants Shopping Beijing E-commerce Chinese Alibaba Tmall Environment Singles’

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 18:00:09 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 217 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23100967

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