that means 82% of the market is offline.believe that for consumers and merchants if we can integrate the 18 and the 82%, we will be taking advantage of the data and the opportunities in that for both merchants and consumers sochlt in our future whether it's pop-up stores, whether it's the small mom and pop shops, whether it's the big retailers or the brands, we want to integrate everything they're doing into one seamless process for both themselves and their consumers. that's the future. >> finally, michael, a lot of speculation about how global alibaba really wants to make today. this event and how much of that translates to cultures that don't have some of the dynamics related to -- inherently chinese >> david, i'll give you an example. i hosted this evening ambassadors to china from 22 countries around the world that are participating in this event. most of them for the first time other parts of the world to the china market to focus on the chinese consumers. in addition we're also selling products from china to 100 milli

in this market, it is a very different play, because most of the time the offline retailing is stillexecutive of the gfg group. there is a lot going on this week. looking at our calendar, on wednesday chinese internet gaming giant tencent releases its latest results. its 4—wood guidance will be closely watched following a $2 billion investment in snapchat and the following day we have australia‘s latest jobs the following day we have australia‘s latestjobs data and how younger generations are really struggling to find employment despite a strong economy there —— forward guidance. and on friday, a big focus on china‘s push into the electric car market at the guangzhou motor show. we are seeing asian markets trading lower, including the nikkei, there are a lot of worries about the tax plan in the us and how quickly tax reform can be hammered out. that is it for this edition of asia business report. thank you for watching. the top stories this hour: the asean summit gets under way in manila. us president trump is set to meet the controversial philippine leader, rodrigo duterte. earlier,

friday session but it looks like the pockets of americans are deep enough for both for online and offline shoppers so it really looks like a pretty strong season for the retail industry overall here in the u.s. ok well yes if you don't get your shopping done today you can do it at home by monday thank you very much reporting that for us. german competition authorities are investigating allegations of illegal ticket price hikes at lufthansa the move follows a string of complaints from consumers since rival evelyn's collapse prices on some routes have risen by up to thirty percent while also leaving lost tons of the carrier operating certain routes within germany evelyn's demise is created in the an additional a demand for around sixty thousand tickets a day of tons of wants to take over the majority of the planes to serve these routes that needs e.u. approval before it can do so. zimbabwe's stock market is starting to recover from the chaos of the past days and zimbabweans are now looking to emerson man and god to fulfill his promises almost all of the population is out of work and he has

what you heard eunice saying is their business model is going the road of amazon, they do have an offlinepresence where there is a retail physical presence in addition to the international. trades at 1.5 times pe ratio, significantly cheaper thatten big tech names here. >> especially amazon >> baba's incremental margin, this marketplace model, the incremental margin is massive. the opportunity for them is massive. this company definitely has legs, up 110% year to date or not. the total addressable market, the competition is less. i can make an argument that at 22 times ebitda next year, i would rather own baba over amazon >> you've got to like any company that can essentially take a made-up holiday and turn it into a management billion dollar -- >> like amazon >> like amazon >> prime day >> prime day's a copy cat. >> total copy cat. >> if anybody tells me bitcoin has problems, come on, it's a made up holiday, prime day, this day, all of it good for them to do it i still like the stock i actually probably yield valuation wise clearly as tim points out you want to own this more the amazon o

who twitter says is to blame for knocking the president offline. >>> we do say good morning, everybody, on this friday and begin with the president embarking/a 12-day trip to asia after getting the ball rolling, you might say on his sweeping tax reform package. >> the $1.5 trillion plan promises to significantly cut taxes for businesses and the middle class to make it simple enough to file taxes on a postcard but the plan is getting immediate pushback from both sides of the aisle. a abc's janai norman has the details. janai, good morning. >> reporter: diane and kendis we are finally learning the details of that plan and the president is hopin of headway planning to sign it into law by christmas. his first official trip to asia likely to be dominated by trade issues and tensions surrounding north korea's missile and nuclear weapon program telling laura ingraham from fox news -- >> we have a big problem called north korea. china has been helpful. we are talking trade with china. >> reporter: during the trip that includes stops in beijing, seoul and tokyo. president trump hopes republican

criminal activity is criminal activity whether it's happening offline or online. and those that are selling our children -- if there was a slave auction happening on the corner, you can't tell me that the auctioneer wouldn't be held as liable as those that are purchasing that slave. it's the same concept that's out there. and again, we're up against big tech. this is big money. but at the end of the day, honestly, peter, to me this is a simple issue of good versus evil. we should be protecting the most vulnerable in our society, giving voice to the voiceless, making sure that those poor victims -- many of whom are 9 years old and underage, so many -- from being sold into this kind of hideous life that they have such a difficult time recovering from. i've done a lot not just in the legislative area, but also in raising education and awareness on the issue of sex trafficking. it is happening in every neighborhood, in every faith community. it's hiding in plain sight. and it's something that a country like the united states of america with its strong human rights sho

jake offline yes will probably be the favorite at the world cup in russia no getting around germany or defending world and conflict cup champions plus we had a good qualifying round the pressure is always there but i think in russia it'll be even higher. great expectations how do you deal with them and what happens if they're dashed. mesmerising mountains. conrad hanka is fascinated by their beauty. for months he retires to his studio on a glacier to create. inspired by his. parents around. your romance in sixty minutes on. if you're doing something you feel passionate about then it doesn't feel like it john. you. know. when you took your. son was alive again when you can find help there.

it's about 48% off on average on apparel and accessories both online and offline.hen computers and phones, 34% on average. and appliances, 36% off on average. so those major markdowns are pretty aggressive on black fridays, stef. >> all right, thanks, jo, stay safe out there. or at least stay hydrated. it is a full contact sport, shopping after thanksgiving. >>> j.j. ramburg, host of your business here on msnbc. when i look at the slashing of prices across all stores, i know they're desperately trying to compete with online retailers. they've got to be careful. their overhead is huge. the fact they're slashing pricings this quickly this much, what does it tell you about the retail season? >> it tells you that it's tough out there. it's exactly what you're saying, is that these retailers are competing with online. and they need to do something to get people through the door. so the good picture is that retail sales are expected to be up this year, right, so that's good for everyone. but online, the growth of online is outpacing the growth of offline sales right now.

it made a lot of sense to go offline. they spend 45 minutes in the store becoming true brand advocates. you don't get that online. you don't get people on the website for 45 minutes. they may have come in for a set of sheets but all of a sudden they want to buy towels and tablecloths. >> the shop helps people experience the brand in a tangible way but aerial never wanted to create a store in the old model of retail. >> in order to build a true lifestyle brand you have to think about selling experiences. building relationships that go beyond that first purchase is so important. >> so, parachute rented space above the store and funished a rentable one bedroom apartment decked out with their products. the parachute hotel concept was born. >> they sleep between our sheets and use their towels. >> felicia booked the hotel for two nights. she said it made her a true parachute believer. >> it felt true to their aesthetic. this is what it means to have a parachute lifestyle. you want to buy into everything, not just the primary i

it made a lot of sense to go offline. they spend 45 minutes in the store becoming true brand advocates. you don't get that online. you don't get people on the website for 45 minutes. >> the shop helped people experience the brand in a tangible way. but ariel never wanted to create a store in the old model of retail. >> in order to build a true lifestyle brand, you have to think beyond selling products, and you have to think about selling experiences. building relationships that go beyond that first purchase is so important. >> so parachute rented space above the store and furnished an insta-worthy, rentable, one-bedroom apartment. >> they sleep between our sheets and use our towels. >> felecia sullivan booked the room for two nights with a friend. she says the stay made her a true parachute believer. >> we walked in here, it felt very truz to their aesthetic. you think, okay, this is what it means to have kind of a parachute lifestyle. you want to buy into everything, not just, you know, the primary item, which were the s

of online the online channel is drawing a lot of consumers creating a lot of competition for the offline store so drive traffic however i think that the offline bricks and mortar stores your main and essential component of. driving purchases and millennial generation zeke roups agree while many of these younger consumers like to spend their free time online rather. in watching television both groups actually prefer in-store to digital shopping according to a two thousand and fifteen global study by c.b.r. a group out of thirteen thousand people between the ages of twenty two and twenty nine years old seventy percent of them prefer to do their shopping at brick and mortar stores and in some instances those who did most of their shopping online preferred to go into the store for big purchases if i'm going to make a really substantial purchase for anything i'm going to want to check it out in person i'm going to want to touch it feel it compare it talk to somebody that knows about it going to a store for that but if it's like you know random thing the. threshold for money or something like

of online the online channel is drawing a lot of consumers creating a lot of competition for the offline starts to drive traffic however i think that the offline bricks and mortar stores your main and essential component of. driving purchases a millennial generation zeke roups agree while many of these younger consumers like to spend their free time online rather. in watching television both groups actually prefer in-store to digital shopping according to a two thousand and fifteen global study by c.b.r. a group out of thirteen thousand people between the ages of twenty two and twenty nine years old seventy percent of them prefer to do their shopping at brick and mortar stores and in some instances those who did most of their shopping online preferred to go into the store for big purchases if i'm going to make a really substantial purchase for anything i'm going to want to check it out in person i'm going to want to touch it feel it compare it talk to somebody that knows about it going to a store for that but if it's like you know random thing it's not a high threshold for money or somet

them which were offline if they were to found out. in i mean if they would have realized. what we did in the fog of war we got to fix this and they took action to fix it. that's a good thing they didn't. now it turns out there was something else in the contract because all that wasn't good they had an indemnity clause. so the screw anything up they don't have to pay for it the bill gets stuck on the american taxpayer there will be an indemnification even for negligence unreasonable acts by your managers agents simple if they fall within the definition of what is covered even if they cause injury or death to henri's. that under the provisions of this clause that is correct even if they cause injury or death to civilian employees. under the provisions of the cause that's correct even if they cause injury or death to american soldiers. does not and does not carve out an exception for civilians our soldiers which means that means that if in fact the activities fall within the definition of a clause saying k.b.r. could could apply for reimbursement that's right even for death o

jake offline it will probably be the favorite at the world cup in russia no getting around germany or defending world and confit cup champions plus we had a good qualifying round the pressure is always there but i think in russia it'll be even higher. great expectations how do you deal with them and what happens if their dash. stores close down. kim and he goes house music. this time. with johnny love. jazz with you. and rock with cuts. grooves. with long double. every journey begins with the first step and every language but the first word published in the. rico is in germany to learn german why not learn it simple online on your mobile and free stuff from d w z learning course nico speak german made easy. germany state by state. the most colorful. the liveliest. the most traditional find it all at any time. check in with a web special. take a tour of germany state by state on d w dot com. we took our. son was the light of the game but he can come here because.

has asked his son to take the insecurity advises offline.experts have a theory that ukraine is a kind of test lab for hackers trying out the latest cyber weapons. in november twenty fifth day in this malware called black energy triggered a widespread power outage in ukraine a year later there were more severe cyber attacks on the country even though the people of kiev don't see much of the civil war a tax on the electricity grid quickly became a matter of life and death in this struggling country the ministry for state security has invited the international press to report on the latest cyber attacks in the country they targeted the financial system the metro and once again the country's policies apply the old malware black energy is still fresh in people's minds but it already has a successor. janko witness stand tack on the electricity grid. he takes us to the scene of the crime about an hour's drive from kenya. well secured from the outside the electrical substation outside the city because of the war with russia the country's energy supp

the form of vice president emma someone i quote when he says that you know we kind of the swapping offline cheek with another and it seems you know to an extent you try to. appeal to a sense of justice in a field to a sense of order and and following the party principles and rules where as in reality he's own faction or the person that was supporting is wife way expelling former party members arbitrarily so they even sense that now that he's cornered you know he's appealing to a sense of justice at. least simply tried to play by the little book and one would look at it and say it's a case which is a bit too far too late and we hear now that new protests have been announced so far this and the whole situation things have remained peaceful this is something that mugabe himself even noted isn't likely to stay that way now. i know about the welfare the chairman has prayed that people must come out on the streets on a wednesday obviously i think they telling factor would be the what the proceedings of the impeachment going to be like going on tuesday and then after people we will have a sense i

we're still recovering from the capacity that came offline during hurricane harvey.nd since then, we've seen crude oil prices climb with the benchmark to which gasoline and other refined products are linked, up 9% over the past month alone. so, with nearly 51 million americans expected to travel 50 miles or more this thanksgiving week, according to aaa, we caught up with folks here at this busy new jersey restaurant many of them seem to be shrugging off these higher expenses >> 40 cents higher from where we live, yeah >> actually, it seems to be lower down here than it is up in maine because that's where we're coming from. >> it does seem to go up just right around thanksgiving. >> i sleep the whole time. so -- >> reporter: now interestingly many of the folks we spoke to are traveling this thanksgiving week for the first time in years. and we're not talking little trips either, maine to d.c., north carolina to new york's long island, boston down to delaware, so perhaps this is speaking to the fact that consumers seem to be more confident about the economy right now.

what is the motivation and how does it fit into alibaba's overall bet on offline? this gives alibaba access to 400 of these hypermarkets along china. this is just a string of deals they have done in off-line. they are in grocery and department stores. them access consumers in lower, smaller cities that were not familiar with regular shopping on alibaba before. the big long-term them access cs in lower strategy is they want to use their colossal amount of data, e-commerce, combined it with the virtual world with the offline world to make shopping better. this gives them a lead with what walmart has been doing with jd in china. alibaba also has a significant stake in this hypermarket world. emily: taking a look at the bloomberg, another chart. you can see how revenue growth at sun art is slowing down. the hope is this would reverse that trend. bob, any coincidence, you think about them announcing it during the big week for u.s. retailers and amazon especially? bob: obviously not, but we have to be very careful about comparing what happens in china and in the u.s. we

. >> i think online and offline retailing should be 50-50. think online retailing will definitely surpass 50% it makes sense to wipe out the online retailing we should help the offline retailers become new retailers that is what we want to do from the very beginning to me, 50%, 60%, 70% of new retail in china should be new retail i don't believe a position of retail should stay the same. online sales face the same situation. >> the idea behind the concept is that alibaba wants chinese people to go into stores using their mobile phones scanning information about each product and also ordering online, eventually having those phones and then when they go to the checkout counter at least in the part of a supermarket chain would be allows to have them pay. eunice eun, cnbc business news beijing. >>> as lebanon struggles, we speak to the governor of lebanon's central bank stay with us, that interview is coming up on "street signs" in two minutes. some air fresheners are so overwhelming, they can... send you and your family running. introducing febr

not clear what caused it to go offline. >> then there's the tradition with getting a few more hours of sleep before setting off on bld black friday shopping sprees. this is about getting up early. bob brooks explains. >> every year do you do this? >> yes. >> what's the best part about it? >> what a group. no comment on what might be in that cough an coffee and juice. >> it was cold and dark but that stopped no one. like these two with matching sweaters, they shop no matter what. >> it's a tradition for the past five years. >> what did you get? ie spent $200 at bath and body works. >> holly taylor got clothes for her grandson. >> he will love them. very nice. >> for holly and her friends, it's a tradition to get the deals. this is $15. >> you can't beat that. >> the original price was $60. >> we venture today the city to the toys"r"us in port richmond. we met zy ann martinez. >> you watch them grow. >> whom she is proud of. >> he does good in school and at home. >> they had a lot of fun and that's important on black friday. when you are shopping, have some fun. bob brooks, channel6 "act

i'm offline. and they're doing it all summer you. know and you and then they have the yet and i will one of the yes i will venture. shenlong can make more than two hundred dollars streaming for a couple of hours compared with forty dollars a day as a taxi driver. no wonder he sees live streaming as a ticket to a better life. whether they're from the countryside or the city anyone can become a stream and find an audience. but can i hold on to their stardom and stay within the government's boundaries at the same time. it doesn't actually you should do things like that you're going. to do the only other you know they don't have any confidence and spontaneity can get you more fans. going too far can mean fall in foul of the senses. that's a lesson show you one learned the hard way when a live stunt brought his career tumbling down. he got drunk and then started streaming for you know in the end you don't yeah i'm with this whole. thing i think about even. breaking the government's regulations on morality xiaoyu one got court with his pan

admitting, one of it's employees took the account offline. they said it was the employee's last day.. and a review is now underway. coming up - the so called middle class miracle republicans.. revealing their new tax plan. where you could save.. and where it could cost you more. eileen live tease at 5:xx time for a check on the forecast. toss to eileen ralcandidate for'm governor,rtham, and i sponsored this ad. rrator: they call him enron ed.rtham, because washington, dc lobbyist ed gillespie represented the worst of the worst. lenders trying to keep student loan rates high. corporations sending jobs overseas. and of course the enron scandal. like cuts to virginia school funding, and taking away healthcare from thousands of virginians. enron ed gillespie. he's not lobbying for you. want some inspirational stories for a change? you gotta check out the american dream. saturdays, 1pm, newschannel8 warm. highs: 75-80 winds: sw to nw 5-10+ mph tonight: mostly to partly cloudy. breezy. lows: 41-51 winds: n 5-15 mph saturday: partly becoming mostly

them which were offline if they were to found out. in i mean if they would have realized. and what we did in the fog of war. we didn't fix this in the took action to fix it. he didn't. now it turns out there was something else in the contract because all that wasn't good then an indemnity folks so screw anything up they don't have to pay for the bill get stuck on the american taxpayer there would be an indemnification even for negligence on unreasonable acts by k.b. or managers agents of course if they fell within the definition of what is covered even if they caused the injury or death to these. but under the provision of those clause that is correct even if they cause injury or death to civilian employees. under the provisions of a cough that's correct even if they cause injury or death to american soldiers. does not and does not carve out an exception for civilian with our soldiers which means that means that if in fact the activities fall within the definition of a clause thank a.v.r. could could apply for reimbursement that's right even for death or injury to american

illnesses and then prevented it in part because they could of years incinerators most of which were offline if they were just found out. in i mean if they would have realized. and we did in the fog of war we got to fix the mess in the took action to fix it. he didn't. now it turns out there was something else in the contract because all that wasn't good then an indemnity folks so if they screw anything up they don't have to pay for it the bill gets stuck on the american taxpayer there will be an indemnification even for negligence on a reasonable acts of your managers agents and borders and if they fall within the definition of what is covered even if they caused the injury or death to these. other purveyors of those clauses that is correct even if they cause injury or death to civilian employees. under the provisions of a cause that's correct even if they cause injury or death to the american soldier. does not and does not carve out an exception for civilian with our soldiers which means every means that if in fact the activities fall within the definition of a clause thing k.b.r. could co

. >> will we have to go offline in order to protect our votes? and still ahead, the innocent lives lost in new york. why their stories matter. ralph northam: i'm ralph northam and as a doctor, nobody ever asked if i'm a democrat or republican. they just want my help. so if donald trump is helping virginia i'll work with him. but donald trump proposed cutting virginia's school funding, rolling back our clean air and water protections, and taking away health care from thousands of virginians. as a candidate for governor, i sponsored this ad because i've stood up to donald trump on all of it. ed gillespie refuses to stand up to him at all. havertys furniture helps your home look perfect even when life isn't. are you sure you don't want me to call an exterminator? (muffled) aw, come on. it's just a raccoon that got in the attic. and there she is. oh, look. babies. [loud hissing.] darren! daddy! [crashing from above. loud and violent.] the