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Alibaba's global arm signs David Beckham as international e-commerce brand ambassador - TL;DR CNBC

Alibaba's global arm signs David Beckham as international e-commerce brand ambassador

Publishing timestamp: 2024-05-27 03:01:06


Summary

Soccer star David Beckham has signed a partnership deal with Alibaba's international e-commerce platform AliExpress to promote the platform as its global brand ambassador. The deal comes as Chinese rivals like PDD Holdings and Shein are rapidly expanding globally. AliExpress is also sponsoring the UEFA European soccer championship.


Sentiment: NEUTRAL

Tickers: PDDBABAZE594-CN921-HKZ921-CN

Keywords: byd co ltdalibaba group holding ltdbusiness newsmarketshisense home appliances group co ltdmarket insiderpdd holdings incstock markets

Source: https://www.cnbc.com/2024/05/27/alibabas-global-arm-signs-david-beckham-as-international-e-commerce-brand-ambassador.html


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