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Jingdong mall or JD.com is the second largest e-commerce business in China. This year, the financial results of Jingdong’s third quarter have increased by 111 percent. The company receive the quantity of $11 billion (RMB 29 billion) as Gross Merchandise Volume (GMV) meanwhile, net revenues were about $4.7 billion. That means an increase of 61…
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.76″ background_layout=”light” border_style=”solid”] China’s e-commerce leader Alibaba recently impressed the international community by reaching more than $9 billion transaction on 11th of November 2014, this year’s online shopping festival called Double 11 in China. Experts of e-commerce’s previsions are saying that Alibaba has a key role to play in the online B2B…
Every year, on 11 November, China celebrates the “Double 11 Day”, a day for single people. Invented by some students in Nanjing in the 1990’s, this day of celebration has quickly become a “commercial celebration”, during which millions of companies and brands grant discounts and slash prices – especially on sales websites – to encourage consumption. Double 11…
China’s retail market saw its digital revolution. New players emerge and take a significant share of B2C . Yihaodian is part of this new generation of online sales site . Strategy worth considering. Here is a company created in July 2008 and five and a half years after its creation, became the third on-line distributor…
China’s 2013-2017 online travel CAGR is expected to reach 21% of growth … 2013-2017 CAGR of online travel in China is expected to reach 21%, which is almost the same as the growth of the overall e-commerce market, according to intelligence research firm iResearch. source photo The Ecommerce Sector in China has reached a high…
Within 15 the last years the number of Internet users in China has increased from 2 million in 2000 to over 632 million today. This phenomenal increase led to a great metamorphosis of the Chinese e-commerce market. Chinese eCommerce Market Overview Despite the fact that the rate of Internet penetration in China is only 50%,…
Xiaomi is the company to keep an eye on As of late it is Xiaomi you should focus on if you are a Smartphone market fan. A report from Canaly reveals that within a year Xiaomi has risen to the top of the Chinese phone makers effectively pushing down well-established brands like Lenovo or…
KuanJinTong arrives to provide tax-free imported goods In Shanghai, an e-commerce platform is starting to make a name for itself. It is called Kuajingtong. Part of the Orient Electronic Payment Co, state approved-company, the idea is as follows: Based in the Shanghai Free Trade Zone it is very similar to Alibaba in spirit but for…
The high potential of the Chinese e-commerce With an average yearly growth of 71% from 2009 to 2012, the Chinese e-commerce has everything to make the rest of the world envious. Since buying power and Internet users both increase, this trend is not going to change anytime soon Well-designed and aggressive marketing strategies adopted by…
China smartphone market fast growth The e-commerce in China will reach 10% of the entire retail in China by the end of 2014. Therefore, company start to get really interested into the segment growing faster as ever. Most of the Chinese market is dominated by Alibaba. The company own a lot of well known website,…
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