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Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
In October 2010, Taobao beta-launched eTao as an independent search engine for online shopping to provide and merchant information from a number of major consumer e-commerce websites in China. Online shoppers would be able to use the site to compare prices across sellers. According to the Alibaba Group web site, eTao offers products from Amazon ...
Nike's leadership is bullish on China and said partnerships with the country's leading digital platforms are driving momentum. The sneaker giant posted second-quarter revenue of $1.38 billion for ...
In 2017, Alibaba started opening a chain of supermarkets, named Freshippo (or Hema; 盒马), as part of the company's "new retail strategy," where customers can either order in the store or online for delivery in under 30 minutes. It offers a mobile app that recommends customers products based on data analytics. [108]
The App is free to download and allows users to search products created by the NBY community and purchase items from the online store. The iD Studio Finder allows the user to find out exactly where the Nike By You Studios are located, and how to book an appointment with a design consultant.
Digital sales climbed more than 30% in Greater China, while sales in the region, its fastest-growing segment, fell 5% due to the store closures in the reported quarter.