Alibaba, Tencent Benefit From Luxury-Goods Boom

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Luxury sales in China are expected to increase between 6% and 8% this year, presenting a big opportunity for ecommerce giant Alibaba Group and rival Tencent. Thanks in part to increasing discretionary spending on the part of Chinese consumers, easy … Read More

VistaJet Now Lets Clients Book Private Jets on WeChat

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VistaJet is now the first international private jet operator that lets clients book flights on WeChat. The company hopes its newly launched service on the mobile platform can replace the convenience of owning  or renting a private plane by allowing affluent Chinese … Read More

Alibaba’s “New Retail” Model: A Better Omni-Channel Experience for Luxury Consumers?

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In just a few years, the explosive development of the e-commerce industry in China has led to the revolutionary transformation of the ways in which luxury brands do business there. Alibaba group has played a crucial role in shaking up … Read More

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