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China Online Shopping Statistics, Trends & Insights

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China’s B2C Market Exceeded 240 Billion Yuan in 2011

Total transactions of China’s B2C market reached 240.07 billion yuan (USD 38.03 billion) in 2011, with an increase of over 130% compared to 2010. Source: EnfoDesk, Analysis International

Third Party Payment in 2011 Exceeded 2 Trillion Yuan

China’s third party online payment continues to maintain strong growth in 2011 with an estimated total transaction exceeding 2 trillion yuan (2,203.8 billion yuan or USD 349 billion), up 118%.

Top 10 Fast Growing Chinese B2C Websites in 2011

According to iResearch, the fastest growing B2C website in 2011 by total number of orders is womai.com (owned by China National Cereals, Oils and Foodstuffs Corporation; or, COFCO), followed by vjia.com (owned by VANCL) and yaodian100.com.

Understanding China’s E-commerce Market

Boston Consulting Group shared research findings this week predicting that China online shopping, will see exponential growth through 2015, with spending that could make China’s e-commerce market worth more than RMB 2 trillion and possibly surpass the size of the U.S. market. Here is a summary of some findings of BCG survey: Less than 10 [...]

A Record Single-day Turnover of 3.36 Billion Yuan Taobao Mall

November 11 (11-11) is Singles Day in China and year 2011 makes this date more special with six “1″s. And, this date is even a bigger date for China’s online retailers. Let’s take a look at how crazy China online shoppers can be on Nov 11 2011 on Taobao Mall (all participating merchants offered 50% [...]

Google China Launched Daily Deal Aggregator “Shihui”

Google China launched a daily deal aggregation website in beta named “Shihui” which means economical and practical in Chinese. Users can browse or search daily deals in a specific city by site, product category, price and discount on Google Shihui.

Alibaba eTao Aims to Be One Stop Shopping Portal

eTao, Alibaba’s online shopping search engine, announced its plan to provide seamless one-stop online shopping experience for internet users. eTao is a comparison shopping search engine and currently it has indexed over 600 million product items covering over 2,000 b2C merchant and 660 daily deal websites. The new feature enables uses to login with either [...]

China’s Luxury Online Shopping Reached 3.5B RMB in Q2

Only a few years ago, Chinese consumers made most of their luxury goods purchases abroad. Today, 60% are made in mainland China, says McKinsey. China’s second quarter luxury online sales reached 3.45 Billion yuan (about USD $540 million), according to Chinese research company Analysis International.

Charts: China’s Top 10 B2C Websites in Q2 2011

The revenue for B2C platforms is commission based while B2C online retailers source products and sell.

China Online Shopping Market Reached 179.2 Billion Yuan in Q2

China online shopping market reached 170.2 billion yuan in Q2 2011, up 76.7% compared to Q2 2010. Among C2C websites, Taobao is still the dominant player with 90.3% market share, followed by Tencent’s Paipai with 9% market share. eBay’s eachnet has a tiny share of 0.7%.

Taobao Imagine: An Image Search Engine for Shoppers

Last Tuesday, Taobao launched their image search engine Imagine for online shoppers. The idea is simple: if a Chinese netizen sees something she likes and wanted to buy, she can search for that product as long as she has the image of that product.

Charts: Top 10 Online Shopping Provinces & Cities in Q1 2011

According to EcommercePlus data, the top three provinces by total online purchase orders are Guangdong, Zhejiang and Jiangsu; the top three cities are Guangzhou, Beijing and Shanghai.

Chart: Taobao Online Shoppers Behavior

The above graph from iResearch shows that China’s online shoppers are more active in workdays than weekend except for evening time on weekends. If we take a look at Amazon.com’s traffic trend in May, it seems to conform to the finding:

Chart: What Would Unsatisfied China Online Shopper Do?

According to a survey conducted by iResearch during last December and this January, almost half online shoppers will complain by making a phone call to the customer service and leave a complaint on online retailer’s website. Nearly 20% unsatisfied online shopper will simply never buy from that online retailer; a small percentage of online shoppers may [...]

China’s Retail Sales Up 16.9% in May

China’s retail sales of consumer goods rose 16.9% year-on-year to 1.47 trillion yuan ($226.77 billion) in May this year, the National Bureau of Statistics (NBS) announced on Tuesday.

Top 10 Online Retailer in China in 2010

Total online transactions on Taobao Mall exceeded 30 billion yuan (about USD$4.6 billion) in 2010.

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