In 2014, total transaction value of China online shopping market exceeded RMB2.8 trillion (US$453.61 billion) with an increase of 48.7% according to latest data of iResearch. China’s National Bureau of Statistics’ official data shows online shopping value accounted for 10.7% of total retail value in China.
Profile of China B2C E-C Weibo Accounts Users in 2014
As of November 2014, total fans of China B2C e-commerce websites Weibo accounts exceeded 30 million, which provided a large number of consumers for China online shopping market. According to Weibo’s latest research, here is the profile of Weibo fans of China B2C e-commerce websites accounts in 2014.
China’s Top 10 B2C Websites on Weibo in 2014
According to Weibo’s daily influence index, Tmall, OKHQB, and Dangdang performed best on Weibo among 1,613 active Weibo accounts in B2C e-commerce category in 2014. 92% of those active e-commerce Weibo accounts are vertical websites, the most of which is clothing and accessory category. Ranked by daily influence index by Weibo, OKHQB.com is an e-commerce website […]
Strong Growth in China Online Shopping Market in Q3 2014
In Q3 2014, total transaction value of China online shopping market was RMB691.41 billion (US$112.69 billion) with an increase of 49.8% year on year. Total retail value exceeded RMB6.5 trillion (US$1.05 trillion) and China online shopping accounted for 10.6% of total consumer retail market according to data from National Bureau of Statistics of China.
China B2C E-commerce Performance on Weibo in Sep 2014
As of September 2014, there were 1,350 active China e-commerce enterprise accounts on Weibo. And the top categories are clothing & accessory, fashion life and food & beverage.
China Mobile Phone B2C Market in Q3 2014
In China mobile phone B2C market, Jingdong, Tmall, Suning, Yihaodian and Dangdang accounted for over 90% of market share by sales volume in Q3 2014. Sales volume of Jingdong and Tmall combined accounted for over 80% market share; and Jingdong accounted for 53%.
China Mother Care B2C Market Exceeded $3 Bln in Q3 2014
In Q3 2014, total transaction value of China mother care market exceeded RMB23.48 billion ($3.82 billion) with an increase of 129% from the same period in 2013.
China 3C Home Appliance B2C Market in Q3 2014
In Q3 2014, total transaction value of China 3C home appliance B2C market was RMB107.88 billion ($17.56 billion) with an increase of 67.9% from the same period of the prior year.
China B2C Clothing Market in Q3 2014
In Q3 2014, total transaction value of China clothing B2C market was RMB91.62 billion ($14.91 billion) with an increase of 54.2% from the same period of prior year according to data from EnfoDesk.
Costco Wholesale Launched Tmall Global Online Store
Costco Wholesale, the American membership-only warehouse club that provides a wide selection of merchandise, launched Tmall flagship store on Tmall Global reaching Chinese consumers directly with competitively priced food and healthcare products ranging from clothing to groceries to laundry detergent to health and beauty aids.
China Online Cosmetics Market Overview
China retail market of cosmetics product was RMB333.86 billion (USD54.32 billion) in 2013 and it is estimated to reach over RMB700 billion (USD113.9 billion) in 2017 according to iResearch.
Dangdang GMV Had An Increase of 81.6% YoY in Q2 2014
Dangdang’s total net revenues in the second quarter of 2014 were RMB1,960.8 million ($316.1 million), a 31.3% increase YoY. Dangdang had approximately 8.5 million active customers including approximately 2.9 million new customers, in the second quarter of 2014, representing increases of 12% and 23%, respectively, from the corresponding period in 2013.
CHART: China B2C Online Retailer Market Share in Q2 2014
Transactions generated from Chinese B2C online retailers reached RMB284.5 billion, 40.4% of China’s total online shopping transactions in Q2 2014; and it is expected to continue to grow and surpass C2C online retail market in 2015.
China Online Shopping Total Transactions Reached $101B in Q2 2014, Exceeding 10% of Total Retail
Total transactions of China’s online shopping market, a combination of B2C and C2C markets, reached RMB6,28.76 billion (US$101.58 billion), 10.1% of total retail transactions in China, according to iResearch data.
Alibaba’s Ambition in Online Pharmacy Retailing
Alibaba’s B2C platform Tmall has a section offering online medicine purchase, on which the products are co-operated with other pharmacy e-tailers.