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Insights
12-Mar-19 Kenya’s Safaricom has secured a deal to use its M-Pesa mobile payment service for online shopping on Aliexpress, run by Chinese e-commerce giant Alibaba Group. The agreement will allow Kenyan shoppers to buy goods on the site using M-Pesa. [image: Reuters / Noor Khamis]
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11-Mar-19 Alibaba Group will take a 14% stake in STO Express through a USD693 mn exchange for a 49% stake, making this the e-commerce giant's fourth significant investment in a Chinese courier company. [image: Reuters / Aly Song]
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Insights
02-Mar-19 Alibaba’s Tmall expects cosmetics brands to open 1,000 shops this year to meet demand from Chinese consumers. Seven international cosmetics companies - Tom Ford, P&G’s Oriental Therapy, Cosme, d-program, Primera and Barnängen - will open on Tmall in 2019. [image: Retail In Asia]
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Insights
28-Feb-19 Thumbay Group announced a new partnership with Noon.com, a MENA e-commerce platform, to offer its entire range of products including optical and nutrition portfolio through an online platform strengthen its presence in Egypt and GCC countries. [image: Khaleej Times]
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Insights
26-Feb-19 Pinduoduo, an e-commerce platform allowing users to participate in group buying deals, is expanding into China’s booming cross-border e-commerce business. The expansion comes as Chinese e-commerce giants are raising their globalization initiatives, to bring in more imported products. [image: Jill Shen / TechNode]
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