In Q3 2014, total revenue of China small and medium enterprises in B2B e-commerce market was RMB4.96 billion ($810.7 million) with an increase of 14.9% year on year while it decreased by 9.3% quarter on quarter.
China’s economic downturn in Q3, decreasing transaction value of bulk commodities and decreasing import value all had great impact on China SMEs in B2B e-commerce market.
In Q3 2014, China’s eight key enterprises accounted for 67.6% of total revenue. Alibaba ranked top with market share of 38.5% followed by Mysteel.com and Global Sources.
Also read: China Online B2B E-commerce Market Overview in Q2 2014
