Letgo raises whopping $175 million financing for its used goods marketplace

 With a pitch for its users to just let go of the things they no longer…

Alibaba teams up with Samsung, Louis Vuitton and other brands to fight counterfeit goods

 Just weeks after revealing its first court case against sellers of counterfeit goods, Alibaba has again…

Alibaba is buying Chinese mall operator Intime for $2.6B to modernize offline retail

 Alibaba is continuing its efforts to get into and modernize offline retail after the e-commerce giant…

11 trends that will shape Southeast Asian eCommerce in 2017

 The Lazada-Alibaba deal, Alibaba’s largest overseas acquisition to date, is a pivotal event for Southeast Asia…

Alibaba is back on U.S. blacklist of “notorious marketplaces”

 The USTR dropped its annual blacklist calling out marketplaces that are rife with counterfeit and pirated…