The number of brands and merchants on the Tmall Global platform as of December 31, 2020, grew over 60% year-over-year, according to Alibaba's announced financial results.
Merchants Growth on Tmall Global
From 2017 to 2020, the number of online businesses on Tmall global grew rapidly, with an average annual compound growth rate of 55.2%
In 2021, 38% users prefer Tmall Global as a top choice for cross-border e-commerce shopping. 24% would recommend; and, 27% like it, according to a survey by iResearch.
In order to better connect international brands with Chinese consumers, Tmall Global continues to innovate in its cross-border logistics solutions.
Brands that do not have a physical presence in China can now store inventory in Alibaba's warehouses located in their home markets,...
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