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Alibaba launches US shopping website: report

Last Updated: Wednesday, June 11, 2014, 17:25

China`s e-commerce giant Alibaba has launched an American shopping website, a report said today, as the company continues a deal binge ahead of a widely anticipated US listing.

‘Affluent’ consumers in China to hit 280 million by 2020

Last Updated: Saturday, November 17, 2012, 21:38

BCG describes affluent people as those with annual household disposable incomes of between 20,000 to 1 million dollars, the Wall Street Journal reports.