Alibaba vice president revealed in public that Alibaba B2B platform 1688.com achieved daily transaction of 300 million yuan (USD 49.1 million) after a year’s transition to online wholesale transaction platform.
Search Results for: taobao
Insights on China’s Top Search Terms in 2013
What did Chinese search for in 2013? As the dominant search engine in China, Baidu’s search data will no doubt shed some light on China’s culture, top events and user behaviors; and, based on top search terms in selected categories from Baidu, this post aims to provide you some insights.
China BTC Registered User Over 200 Thousand by Dec 2013
Bitcoin’s price has been surging crazily in the recent, it hit an apex of USD 1,240 on December 5 2013. Early in January this year, Bitcoin’s price was USD 13. Chinese buyers played an important role in the surging of Bitcoin. BTC China daily transaction ranked top in the world, even some taobao sellers accepted […]
The Secrets Of Xiaomi Marketing Success in China
Xiaomi, claiming as Apple of China, has been extremely successful after three years of set up. By the end of September 2013, Xiaomi 2 (including 2A/2S) sold out 10 million in 11 months. MIUI users surpassed 20 million. It is expected to sell over 18 million smartphones in 2013, and the estimated sales will be […]
China’s Post-90s Favor Mobile Shopping
Mobile transaction occupied 20% of total on Double 11, and the transaction grew 560% compared to 2012. This was regarded as the omen of mobile shopping outbreak. Nearly half of post-90s used mobile phone to purchase on Double 11, 2013. It means that online shopping began to transfer from PC to mobile.
11 Business Models of Chinese Internet Enterprises
Today we’ll share an overview of how China internet enterprises make money via these eleven common business models.
Alipay Yu’E Bao Fund Reached 100 Billion Yuan
Tianhong Asset Management announced on November 14 2013 that Yu’E Bao fund users surpassed 30 million, fund size reached 100 billion yuan (USD 16.32 billion). It was the first Chinese money fund over 100 billion yuan, ranking 51 in the world.
Baidu Launched Brand Digital Equity List With Millward Brown
Baidu, in cooperation with Millward Brown, announced 2013 brand equity list on November 18 2013. Brand digital equity, a new concept proposed by Baidu, which combined big data of consumer search results with Millward Brown consumer brand equity research, evaluates brand performance in digital area from multi-dimensions.
Best-Selling Brands On Double 11 2013
The total transaction on China’s biggest online shopping day – Double 11, which was November 11 2013 known as Bachelor’s Day, reached 35 billion yuan (USD 5.71 billion). According to ebrun, one of the biggest Chinese E-Commerce social media, the best-selling brands of clothing, cosmetics, diaper, jewelry, personal care and watch were listed in the charts […]
60 Million Packages Processed on China’s Bachelor’s Day
Double 11 in 2013 created 152 million packages; and, in 2012, the number was 78 million. About 100,000 packages were created in one minute. It is a huge challenge for logistic companies.
China Ecommerce Online Marketing Advertising Status Update
iResearch just published China Ecommerce Online Marketing Advertising Report 2012-2013, which showed that China Ecommerce online advertising market reached 22.59 billion yuan (USD 3.68 billion) with 88.1% YoY increase in 2012.
Double 11: More Than 80 Million Added Favorites In Shopping Cart
Double 11 , the Bachelor’s Day in China, has become a shopping carnival year by year, millions of people are purchasing at the same time. You really don’t have time to choose and pick, or your favorite products would be sold out in a few seconds. Consumers have learned to add favorites in shopping cart […]
China Mobile Shopping Market Reached 34.1b Yuan in Q3 2013
According to Enfodesk, China mobile shopping market in Q3 2013 reached 34.1 billion yuan (USD 5.56 billion), with a QoQ increase of 17.7% and a YoY increase of 104%, growing pretty fast. The growth in Q3 was due to the drive of e-commerce enterprises. They improved mobile-end user loyalty by offering discount and coupons, in […]
Second Hand Online Shopping in H1 2013 Doubled
Online shopping can be very alluring sometimes, some people just couldn’t help buying a lot of commodities which look pretty but they seldom use. Now, they have another option – to sell these commodities on second hand online markets. Data showed that second hand online shopping in the first half of 2013 had a dramatic […]
Weitao, Wechat and Weibo Marketing Value Comparison
Weitao Recently, Taobao has shut down QR code access from Wechat, officially waging war with Tencent on mobile traffic entrance. Taobao released its own CRM service Weitao, competing Wechat directly. For Taobao sellers, they have to keep up with Taobao’s changes and learn how to do marketing on Weitao. Before they begin investing and putting […]