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Jindongs’s impressive financial results on the Chinese market.
China e-commerce

Jindongs’s impressive financial results on the Chinese market.

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…

Alibaba’s huge opportunity in B2B
China e-commerce

Alibaba’s huge opportunity in B2B

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 market in China: <p style=”font-size: 1.5rem;…

Double 11 Day : big buzz for Tmall in China
China e-commerce

Double 11 Day : big buzz for Tmall in China

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. <p style=”font-size:…

A new e-commerce platform arrives in the Shanghai Free Trade Zone
China e-commerce

A new e-commerce platform arrives in the Shanghai Free Trade Zone

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…