The total revenues of China B2B e-commerce market reached 6.39 billion yuan in Q4 2015, an increase of 7.9% QoQ according to Analysis.
Alibaba remains the dominant player in China’s B2B e-commerce market with close to 40% market share by revenues, followed by Global Sources (5.45%) and HC360 (3.92%).
Overseas new users increased rapidly on Alibaba.com in 2015, particularly in Europe, America, and the Middle East. Domestic merchants on 1688.com spent much time online and CXT users spent 47 hours on average in receiving their first orders in 2015 according to Alibaba. Alibaba is predicted to keep growth in sales and users in 2016.
Read more on China B2B Market Insights 2016