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After 4 years of existence Walmart has finally bought out 1haodian as part of an aggressive strategy to further its development in the e-commerce sphere. Earlier this month, it has been revealed that the two founders, Gang and Jun Ling have announced their desire to leave Yihaodian, effectively handing over their e-commerce platform to Walmart. Neil…
Mobile phone (e)commerce in China increased by 168%. A growing rise Chinese people are well known to spend a lot of time on their smartphone and this is not only to play games or chat with a friend. Indeed, they also order a lot through their device. These last years, purchases via smartphones increased by…
Today I will show you the most creative Lamps that I have found in the Chinese e-commerce plateforms. found on Taobao Sales of e-commerce in China reached 12.3 trillion yuan in 2014, up 21.3% from 2013, according to data compiled by iResearch. Overall data show that online shopping has increased by 48.7% in 2014, and…
12.12 or “double 12” is Taobao’s second shopping festival in China. On December 12, Taobao (the largest online marketplace in China with over 7 million vendors and around 800 million products), has launched its second shopping festival called 12.12 or double 12. China’s e-commerce market is still increasing due to the growing number of internet…
The FrenchCellar startup in Asia selling Wine subscription to Asian consumers will secure millions yuans to the Chinese Market. Investment in China ESW Manage Ltd, a private equity firm focused on investment opportunities in Asia, last week announced it’s 7-figure investment into Asia’s pioneering wine subscription e-commerce platform, ‘The French Cellar‘ (www.theFrenchCellar.asia). It acquired a 20% stake in the new…
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…
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…
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