Alibaba banking on lyabo888体育夜生活er citiesses an adv

Alibaba banking on lyabo888体育夜生活er citiesses an adv

commerce giant pump primes Juhuasuan to cash in on abundant opportunities

Times are changing fast at e-commerce behemoth Alibaba Group Holding Ltd. While styabo888体育夜生活女神会所

ore-openings from a range of global brands like Burberry to Ferragamo were

yabo888体育夜生活the norm earlier, they have since been replaced by deals, bargains and growth in lower-tier cities.

Against flattened economic growth and brutally aggressive competition, Alibaba is no

w giving unprecedented priority to Juhuasuan, its group-buying and flash-sale platforyabo888体育夜生活女神会所

m, repositioning it as the top destination for consumers from smaller cities and townships.

yabo888体育夜生活The internet giant said recently that it will host a Super Bargain Day from Sept 1, halving prices for 1 million me

rchandise and giving out cash dividends, coupons and other perks. Unlike the

more reputable Nov 11 annual sales event, the 10-day event is targeted at good-quality budget items.yabo888体育夜生活女神会所

“We see massive growth in lower-tier cities this year via the Juhuasuan platform. This is the

yabo888体育夜生活engine fueling future growth and a bluesea market-meaning opportunities abound for each and e

very industry player to take a share,” said Liu Bo, general manager of Juhuasuan.

Media publications and industry analysts often categorize Cyabo888体育夜生活女神会所

hinese cities into tiers, defining them based on population, gross domestic prod

yabo888体育夜生活uct and other criteria. Tier-one cities normally refer to super metropolises like Beijing and Shanghai.

Alibaba’s strategy to penetrate into lower-tier markets has reaped some early gains. In the

quarter ending June 30, over 70 percent of increased annual active consumers came from less devyabo888体育夜生活女神会所

eloped markets. The company attributed the achievement to initiatives to cater to a b

roader user base, such as “using simpler interfaces for first-time or less-frequent users”.yabo888体育夜生活

Realizing the potential, Juhuasuan has announced a slew of plans to rev up services. On the

supply side, the platform aims to help manufacturers digitize their factories through consumer anayabo888体育夜生活女神会所

lytics and the internet of things technology. Liu said he hopes such efforts will foster

brands, create 1 million sought-after items and nurture 10,000 digital plants.

nqlbn.cn