According to report released by EnfoDesk, China B2B market GMV reached 7.1 trillion Yuan (USD 1.16 trillion) in 2013, with a 19.7% YoY growth. The market revenue was 16.98 billion Yuan (USD 2.76 billion), increasing 25.1% compared to last year. EnfoDesk regarded 2013 as the first year of a new growth cycle of China B2B […]
Alibaba B2B Transaction Reaching USD 50M per Day in 2013
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.
Yiwu B2B Online Transaction To Reach 5 Billion Yuan in 2013
Alibaba’s data showed that in the first half of 2013, Yiwu B2B online transaction reached 2.51 billion yuan (USD 410 million). It is expected to hit 5 billion yuan (USD 816 million) by the end of 2013. Yiwu, a city in the central area of Zhejiang province in China, is one of the most active […]
China B2B Market Scale Reached 12.6 Billion Yuan in H1 2013
China B2B market in the first half of 2013 reached 12.6 billion yuan (USD 2.06 billion), increasing 23.8% compared to 2012. The total market is expected to reach 29 billion yuan (USD 4.74 billion) by the end of 2013.
China B2B Market Update For Q3 2013
According to EnfoDesk, China B2B market scale in Q3 2013 reached 4.24 billion yuan (USD 692 million), with a QoQ increase of 7.8% and a YoY increase of 23.3%.
Half of Chinese B2B Websites Suffered a Net Profit Drop in H1 2013
According to a research by ebrun.com, one of the biggest Chinese E-Commerce social media, 47.8% respondents said their websites net profit dropped in the first half of 2013, and websites with decrease of paid members occupied 52.1%. 52.1% respondents said revenue increased compared to last year in the first half of 2013, 30.4% said revenue […]
China Soical Marketing For B2B Enterprises
In China, social marketing began in 2010, when Sina Weibo users hit 200 million. First, Sina Weibo platform had been developed for a while then, and a lot of enterprises were willing to enter the platform. Second, Sina Weibo opened its API (Application Program Interface) to third-parties, and they could develop Weibo apps. As for […]
1688.com Suppliers Integrated in Taobao Search
Alibaba has connected its B2B platform 1688.com with its C2C platform Taobao. Last September, Alibaba integrated 1688 accounts with Taobao ones. Now, Alibaba integrated 1688 suppliers and wholesalers information in Taobao search results. For example, if you search “steel” in Taobao, you can get 4 products displayed in the search results, with company name, location […]
Alibaba B2B Single Day Transaction Broke USD 679 Million
1688.com, Alibaba’s domestic B2B platform in China, announced on September 5 2013, that the total amount of online transaction on September 4 2013 broke 4.19 billion yuan (USD 679 million). A new record in global B2B market. On September 4, 2013, 230,000 sellers on 1688 made 2.52 million transactions, online transaction in single day mounted […]
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.
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 […]
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.
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.
China B2B Total Revenue Up 11.3% in Q2 2012
According to the quarterly market monitor report for Q2 2012 by Enfodesk, China B2B operation revenue was 3.39 billion (USD 536 million). The quarter on quarter growth was 11.3% and the year-on-year growth was 13%. Chinese macro-economy had nice growth in Q2 and the import and export trade brought great chances to B2B e-commerce. Based […]