Following the success of Sam's Club, Freshhippo is also launching its own in-house wines, raising concerns among traditional wholesale wine merchants for fear of losing out lucrative market share. Read More
Alibaba
Here are the top 10 wine shops on Alibaba's Tmall and Taobao during this year's Singles Day promotion based on sales figures obtained by Vino Joy News. Read More
Joe Tsai, chairman and co-founder of Alibaba Group, has reportedly purchased vineyard plots in Burgundy’s prestigious Gevrey-Chambertin, located in the renowned Côte de Nuits wine region. Read More
In an era where e-commerce and consumer habits evolve at breakneck speed, here are five supermarket operators that have proven to be effective in driving wine sales. Read More
China’s biggest online drinks retailer 1919.cn has announced that it is suspending its trading on China’s third national equity trading venue starting from February 17, paving its way for eventual delisting. Read More
A tersely worded official statement announcing the arrest of a person surnamed Ma in Alibaba founder Jack Ma's home base has triggered concerns over Ma's fate. Read More
China’s antitrust watchdog has handed another round of penalties to the country’s tech giants including Alibaba and Tencent that involve investments in two of the country’s leading drinks trading platforms in ongoing crackdown on monopolies. Read More
China’s leading online wine and drinks retailer 1919 gets a fresh round of cash injection of RMB 200 million (US$31 million) from a Chinese property developing company. Read More
A sharp-tongued criticism of boozy business drinking from China's anti-graft watchdog takes direct aim at Alibaba scandal and has sent major Chinese drinks producers' stocks spiraling on Wednesday. Read More
China’s technology giant Alibaba has been embroiled in a fresh scandal where a female employee alleged that she was molested by Alibaba’s client and then raped by her direct supervisor last month after a booze-filled business dinner. Read More