China’s total online shopping revenue in B2C market reached 181.92 billion yuan (USD 29 billion) in the first quarter of 2014, up by 44.6% compared to the same period in the previous year, with much faster growth than C2C market (up 18.3%) according to data from Chinese research company iResearch.
Top 4 Trending in Chinese E-Commerce Market
The Chinese e-commerce market have seen a sharp rise in both B2C and C2C channels in the recent years. Rapid development in online shopping platforms, social media, online payment and mobile devices is not only driving the market to a boom, but also revolutionizing consumer experience and business marketing methods. Here are the four major […]
Is Alibaba’s Evaluation Too High?
Word said that Alibaba’s evaluation grew 9.8% because of the Q4 good financial performance in 2013. According to Bloomberg’s data, Alibaba’s evaluation reached $168 billion, in that way, Alibaba would surpass Amazon’s market value. Carlos Kirjner, Sanford Bernstein’s analyst, claimed that Alibaba’s evaluation was too conservative and suggested to increase Alibaba Group’s evaluation to $245 billion.
Tmall Reposition To Target Tier One Cities
On April 16, Wang Yulei (CEO of Tmall) said during an interview that Alibaba decided to reposition Tmall and separate it from Taobao. That is, Tmall targets at fashionista in tier one and tier two cities, and Taobao targets at all levels of consumers.
42.8 Mn Mobile Phones Sold Online In China In 2013
iResearch data showed that China mobile phones online sales volume reached 42.8 million and online sales hit 66.39 billion yuan (USD 10.74 billion) in 2013, with over 40% YoY increase. Mobile sale peaked during Double 11 promotion, sold out 4.48 million on November 11, 2013. Many mobile phone manufacturers laid emphasis on online channels, at […]
Unbelievable: 600K Boxes of Milk Sold Out In One Hour
Chinese online B2C enterprise Yihaodian made a Guinness World Record on March 18 in 2014. At 10 am sharp, “Imported Milk Flash Sale” began, 600,000 boxes of milk in 30 containers sold out in merely 52 mins 25 seconds! It became a new Guinness record of “selling out most milk in the shortest time”.
EnfoDesk: China B2C Market Hit 763.71 Billion Yuan in 2013
According to report released by EnfoDesk, China B2C market GMV reach 194.65 billion Yuan (USD 31.65 billion) with 20% QoQ growth in Q4 2013. Annual GMV of China B2C market hit 763.71 billion Yuan (USD 124.18 billion), and the YoY growth fell slightly to 59.4%.
It’s Official: Jingdong Teams Up with Tencent
On the morning of March 10, 2014, Tencent and Jingdong (JD.com) together announced that they just reached strategic alliance. Jingdong is going to buy 100% equity, logistics personnel and asset of Tencent’s B2C platform QQ wanggou (wanggou.com) and C2C platform PaiPai (paipai.com), besides, a few stake in Yixun (yixun.com) and the right to buy the […]
Comparison Analysis of JD and Amazon Financial Performance
How Amazon Achieved Profitability Guotai Junan Securities did a profit analysis for Amazon, it found out that if other operating revenue was excluded, the gross margin would drop by 3 to 4 percentage points. Amazon’s net profit margin was around 3% before 2011, which indicated that if other operating revenue excluded, the company’s net profit […]
China Online Shopping Transaction Overview
In 2013,China online transaction value reached 1850 billion Yuan with a gradually stable growth .
16 Charts to Demystify China’s B2C Market
Enfodesk published its 2013 Q3 China B2C Market Report recently, China B2C market reached 162.4 billion yuan (USD 26.52 billion) with 50% YoY increase.
Shanghai Launched Cross-Border B2C E-Commerce Platform in FTZ
Shanghai Free Trade Zone officially launched cross-border e-commerce platform kuajingtong.com on December 28, 2013. It is the first cross-border e-commerce enterprises granted by Chinese government as the government supports cross-border shopping.
China B2C Growth Slow Down in Q3 2013
According to Andy Yeung, an analyst in Oppenheimer, whose report on November 11 2013 showed that China B2C YoY increase rate was 50% in Q3, much lower than 82% growth rate in Q2 and 96% in Q1 2013.
China B2C 3C Market Update in Q3 2013
China B2C 3C market reached 57.22 billion yuan (USD 9.33 billion), 35.2% of total B2C market. YoY increase rate was 63.9%, and QoQ increase was 9.5%.
China Online Sales in Q3 Exceeded USD 67b
According to Enfodesk, China B2C market reached 162.4 billion yuan (USD 26.47 billion) in Q3 2013, with a 3% QoQ increase and a 50% YoY increase. China online sale reached 415.3 billion yuan (USD 67.7 billion) in Q3, 41% more than 2012. B2C occupied 39% of total online sale, catching up with C2C market.