{"id":106649,"date":"2017-09-17T08:25:24","date_gmt":"2017-09-17T02:55:24","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=106649"},"modified":"2017-09-17T08:25:24","modified_gmt":"2017-09-17T02:55:24","slug":"now-alibaba-for-departmental-stores","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/now-alibaba-for-departmental-stores\/","title":{"rendered":"Now Alibaba for departmental stores"},"content":{"rendered":"<p style=\"text-align: justify;\">After conquering grocery deliveries, Alibaba Group Holding Ltd. is setting its sights on a new part of China\u2019s $4 trillion retail sector: department stores.<\/p>\n<p style=\"text-align: justify;\">The e-commerce giant, which is also venturing into cloud computing and entertainment, is increasingly looking at traditional brick-and-mortar businesses, Chairman Jack Ma, said on the company\u2019s 18th anniversary.<\/p>\n<p style=\"text-align: justify;\">Alibaba, started in Ma\u2019s apartment in 1999, is worth $458 billion today.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-106651 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/09\/download.jpg\" alt=\"File photo of an employee walking past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou\" width=\"831\" height=\"554\" srcset=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/09\/download.jpg 1280w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/09\/download-768x512.jpg 768w\" sizes=\"auto, (max-width: 831px) 100vw, 831px\" \/><\/p>\n<p style=\"text-align: justify;\">The executives, speaking less than a month after Amazon.com Inc. closed its $13.7 billion acquisition of Whole Foods Market Inc., discussed Alibaba\u2019s strategy for dealing with competition, its vision on data and challenges the company will face.<\/p>\n<p style=\"text-align: justify;\">Ma said Alibaba will need to embrace a different mindset given its current size, and move away from its asset-light approach to grab a bigger share of global trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After conquering grocery deliveries, Alibaba Group Holding Ltd. is setting its sights on a new part of China\u2019s $4 trillion retail sector: department stores. The e-commerce giant, which is also venturing into cloud computing and entertainment, is increasingly looking at traditional brick-and-mortar businesses, Chairman Jack Ma, said on the company\u2019s 18th anniversary. Alibaba, started in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":106650,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[14207,14209,475,54105,54103,51589,14310,54104],"class_list":["post-106649","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-alibaba","tag-alibaba-group","tag-china","tag-cloud-computing","tag-departmental-stores","tag-e-commerce-giant","tag-entertainment","tag-grocery-deliveries"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/09\/alibaba.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/106649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=106649"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/106649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/106650"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=106649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=106649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=106649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}