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Alibaba retail sales surge 28%, over 60% on mobile

2015-10-27 13:45:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce giant Alibaba Group reported a strong set of third-quarter results, driven by its expanding online presence and new services such as cloud computing. Revenues rose 32 percent year-on-year to CNY 22.17 billion (USD 3.49 billion), and adjusted EBITDA was up 31 percent to CNY 11.15 billion. Net profit surged to CNY 22.70 billion from CNY 3.03 billion a year ago, thanks a to a valuation gain on the acquisition of Alibaba Health during the quarter. Excluding this, net profit rose 36 percent to CNY 9.52 billion. 

Tags: on sales mobile retail

 

Online wine sales outpace retail wine sales

2015-10-25 08:29:07| Beverages - Topix.net

The days of popping to the local bottle store to pick up wine may be dwindling, as online sales boom. According to the latest Rabobank Global Wine Quarterly report, growth of online wine sales are increasing and outpacing growth of sales in the traditional retail market.

Tags: online sales retail wine

 
 

Statistics Canada says auto sector boosts retail sales in August to $43.6B

2015-10-22 17:46:28| Auto Dealers - Topix.net

Statistics Canada says retail sales rose 0.5 per cent to $43.6 billion in August, boosted by higher sales at motor vehicle and parts dealers. Sales at motor vehicle and parts dealers increased 2.0 per cent in August, the seventh consecutive increase.

Tags: to august auto canada

 

Statistics Canada says auto sector boosts retail sales in August to $43.6B

2015-10-22 17:46:27| Auto Dealers - Topix.net

Higher sales at motor vehicle and parts dealers helped boost retail sales to $43.6 billion in August, up 0.5 per cent from the previous month and above an estimate of 0.1 per cent. It said sales at motor vehicle and parts dealers increased 2.0 per cent in August, the seventh consecutive increase.

Tags: to august auto canada

 

Clothing boosts UK retail sales growth in September

2015-10-22 13:42:00| Daily apparel & textile news and comment - from just-style.com

Clothing and footwear helped overall UK retail sales growth to accelerate in September, as stores now ready themselves for the all-important Christmas period. 

Tags: september sales growth clothing

 

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