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Alibaba’s surging e-commerce sales boost June quarterly earnings
Alibaba Group’s e-commerce business’ profit increase contributed to a blockbuster quarter for China’s top online player. For the period ended June 30, China’s largest online retailer reported total revenue of 50.1 billion RMB ($7.1 billion U.S.), an increase of 56% year-over-year. This beat analysts' estimates of 47.7 billion RMB, according to Thomson Reuters. Net income was 14 billion RMB $2 billion U.S.). -
Generational Perspective: How our past defines our future buying behaviors
Everyone’s trying to figure out what drives consumers to purchase. But to understand how they shop, you need to know what makes them tick. Alliance Data’s Analytics and Insights Institute conducted a study with more than 2,400 respondents to better understand consumer buying habits and expectations. These insights, cross-referenced with results from our "Understanding Customer Loyalty" study, confirmed that consumer buying habits track closely with life stage and each generation’s cultural identity.

