Month: November 2021

China’s Single’s Day, which is also known as Black Friday in the West, was a subdued affair this year. Despite the event’s reduced impact, Alibaba still posted record orders.
Baby formula, vitamins, and skincare products are among the top selling items in the world’s largest consumer market.
Australia and New Zealand’s products are becoming more popular in China.
Despite the slowdown in China’s overall consumption, Alibaba is still facing regulatory scrutiny. There is also a global supply chain crisis.
The Alibaba Festival is a multi-day event that was created by the e-commerce giant in 2005. It became the world’s most successful marketing campaign.
On November 11, China’s Singles Day was launched to encourage people to shop for gifts. This year, the event saw record sales.
Four years ago, Alibaba’s single-day sales reached less than half of that amount.
Despite the uncertainties around the results, demand for Australian products remained strong across Tmall.
While traditional categories such as baby food and mother and baby care are expected to perform well, the COV-19 pandemic has led to a renewed focus on well-being and family time.
Australia is expected to perform well in terms of categories addressing these two trends.
Despite the global supply chain issues caused by the COVID-19 pandemic, most Australian companies participating in the festival have sourced their logistics solutions from Cainiao.
Last year, Australia was the fourth most popular seller to China by GMV.
Infant and toddler nutrition, and adult milk powder were the top three categories sold to Chinese consumers from Australia last year.
In New Zealand, there have been Singles Day sales from stores like The Iconic. You can save on your purchase from The Iconic with a The Iconic coupon code.

The government will provide almost $2 billion to help fund the acquisition of South Pacific telco Digicel by Australia’s Telstra. The deal will help boost the company’s presence in the region.
Telstra will retain a majority stake in the newly formed entity after agreeing to sell its US$1.6 billion share sale.
The sale of the business, which has around 800,000 customers, is expected to close in the first half of 2019.
While Telstra touted the asset as a commercially attractive asset, some industry insiders questioned the government’s motives for pushing the sale of the business.
Sources told Reuters that China Mobile was not close to buying the assets of Digicel, but the government believed that it would have been beneficial for Telstra to acquire the assets.
William Stoltz, a security expert from Australia, said that despite the government’s decision to block a proposed bid by China for the telecommunications company, it was still not clear exactly how the government would react if it ever received a bid from Beijing.
Dr Stolz said that Australia would have to make more decisions in the future if security and economic considerations are not balanced.
The Pacific island nations need wealthier states to improve their infrastructure and modernise their economies in order to be more prosperous and stable.
Despite the concerns raised by the government and Telstra, the companies believe that they will not have to rip up the 4G networks that were placed by Huawei.
The Board of directors of Telstra Corporation Ltd has approved the company’s acquisition of Hutchison Telecommunications Australia Ltd. Hutchison Telecommunications Australia’s board has also approved the transaction.
The company will contribute $US270 million of its own equity and the Australian Government will provide the remaining $US1.33 billion.
The three ministers said they were pleased with the progress made by Digicel Pacific in the region.
For Australian’s, you can get a great deal on your mobile plan from Telstra using a Telstra Discount code.

Konvoy Kegs, which operates in Australia’s biggest beer markets, has raised about $30 million in fresh capital. Mr Trippe-Smith says it’s likely to be its biggest month ever, with a number of hospitality venues reopening in the country.
Konvoy is a leading indicator business because it helps alcoholic drink producers get their kegs filled before they are transported to bars.
Producer John Richardson said that the market is going gangbusters. He noted that demand has returned after Sydney was reopened following a lengthy lockdown.
Konvoy has raised another $30 million in funding, exceeding its initial target.
The business is owned by private equity groups Five V Capital, Aquasia, and Ellerston Capital.
Tom Gorman, the former chief executive of Brambles, is also a shareholder in Boral.
The group is also planning on entering the European Union and the US. Germany is its target market as about 1500 beer producers own their own kegs.
The company had a rough August and September due to lockdowns in Sydney and Melbourne. However, July was saved by a strong New Zealand economy.
Konvoy’s kegs are made of steel and has a rectangular base that’s connected to the top of its kegs. It uses a device that tracks the beer’s temperature and reports back to the user.
Mr Trippe-Smith said that his company was already working with a number of companies, and that it would like to expand to include anyone that owns a keg.
Boral‘s CEO Nikola Todorcevski is still chairman of Konvoy despite being the majority owner of the company.
Stores that can make use of this technology is Jimmy Brings, one of Australia’s leading alcohol delivery services. Use a Jimmy Brings discount code to save on your purchase at Jimmy Brings.