By the end of June 30 2013, China e-commerce transaction reached 4.4 trillion yuan (USD 713.27 billion), which grew 24.3% compared to last year. B2B transaction totalled 3.4 trillion yuan(USD 551.17 billion), with a 15.3% YoY increase. B2B revenue in the first half of 2013 reached 9.38 billion yuan(USD 1.52 billion), with a 25.9% YoY […]
Top 10 China B2B Platform in Q2 2013
According to 52b2b.cn research, the top 10 B2B platforms ranked by brand influence in Q2 2013 were: Alibaba B2B, HC, Global Sources, DHgate, Focus Technology (Made in China), 315.com, Shengyibaoku, Shanghai steel Union (My steel net), the global market, B2B.com and IBI.
Top China Social Sharing Websites in July 2013
For quite a long time, Sina Weibo and Qzone took the first and second place in terms of China social media sharing ranking, and in July, Sina Weibo beat Qzone to be the top one.
Alibaba and Tencent Challenging Banks?
Alibaba is said to be launch its credit payment service very soon, allowing users to use up to 5000 yuan(USD 810) credit to pay for purchasing. At the mean time, the newly launched Wechat 5.0 draws a lot of attention for its payment service. Internet companies like Alibaba, Tencent, 360buy and Jingdong Mall are all […]
Tencent’s Latest Weibo Threatening Alibaba Taobao
Taobao stated on August 12 shutting down QR code access within one month. Alibaba said this was to prevent possible advertising and even fraud from some sellers, who used QR code to avoid normal transaction procedures on Taobao. About 10 days ago, Taobao just shut down the interface between its platforms and Tecent’s Wechat (or Weixin […]
Alipay to Launch Offline Payment
Alipay is going to launch offline payment partnering with Ubox to be its first partner next month. Consumers could use offline in bad internet connection areas. Ubox is a Chinese top vending machine company, which developed its own app for mobile payments at vending machines. Now it will be the first company to support Alipay’s […]
Alibaba and Sina Exploring “Social Commerce” Business Model
Alibaba and Sina released “Weibo for Taobao” version on August 1, 2013. Before that, they had linked their accounts, and cooperated in various areas, such as exchanging and sharing their user data, online payment and internet marketing, etc. They combined social media and E-business platform to explore a totally new area: Social Commerce.
China Top 100 Internet Enterprise in 2013
The revenue of Top 100 Internet enterprises in China was over 200 billion yuan (USD 32.44 billion). The top three giants were Tencent, Alibaba and Baidu, their revenue together surpassed 100 billion yuan(USD 16.22 billion). Internet industry has been highly concentrated and has achieved economies of scale. The top 100 enterprises covered comprehensive industries. 90% […]
China SME B2B Market Close to 5 Billion Yuan
China SME B2B total revenue is 4.96 billion CNY in Q2 2013, which has a year-on-year growth of 19.2% and QoQ increase of 7.4% according to data from iResearch. Compared to Q1, the year-on-year growth in Q2 slowed down, but QoQ growth goes up a little. Due to international market sluggish, China SME B2B growth […]
Alibaba Released Weibo for Taobao with Sina
Alibaba announced Weibo for Taobao on Aug 1 2013, merely three months after investing 586 million in Sina Weibo, which was announced on April 29, 2013. The collaboration has two major benefits. Users can bundle their Sina Weibo and Taobao account together, saving them time to register and log in. Taobao sellers coud upload more […]
China B2B Market Had A Better Quarter in Q1 2013
In the respect of the development of small and medium-sized B2B enterprises, the international need is declining and the growth of total revenue is slowing. However, with the trend of foreign trade market turning better and more and more beneficial policies releasing, China SME B2B business had a better quarter in Q1, 2013.
Alibaba Has Become the Top-Earning Internet Company
With the release of Alibaba’s Q4 financial results in 2012, the rank of top 3 internet companies, including Baidu, Alibaba and Tencent, has changed finally. Because of the great performance in the last quarter of 2012, Alibaba has risen to the top, becoming the top-earning internet company.
10,000 Packages from Taobao Being Shipped to Taiwan Every Day
The annual financial report of Alipay, part of Alibaba Group, showed that half of Alipay revenue came from Taobao. In the top 10 cities of per capita Alipay expenditure listed in the statement of account, four cities of Taiwan are included. Perhaps more surprising is that Taiwan’s Chiayi City climbs atop. The per capita Alipay […]
China B2B Market in 2012
According to Enfodesk, Alibaba led the B2B market with the 47.9% market share, followed by Global Sources and HC360 ,with market share of 10.6% and 4.0% respectively. Eofodesk held a view that China’s B2B market is now in times of change, and every enterprise is going through the transformation according to their advantages and features.
Top 3 Online Advertising Platform in 2012: Baidu, Alibaba, Google
According to Enfodesk, Baidu accounted for 30.9% of the total online ad revenue in China; Alibaba for 15.3%, and Google China for 6.2%.