Retail & E-Commerce

Vipshop active customers down by 3.3 million in Q3 2018

Vipshop’s total active customers grew by 11% year-on-year to 26.5 million in Q3 2018, which was 29.8 million in Q2 2018. The number of new

This British brand shut down their Tmall flagship stores

It’s never easy for foreign brands to successfully adjust itself to the Chinese market. Another British fashion brand Topshop announced to close its Tmall flagship

Double 11 statistics of top retailers & top 50 Tmall stores in 2018

The Double 11 rising on the popularity of China Singles’ Day (Nov 11) is growing bigger every year. Top e-commerce players all saw record-breaking sales

Ultimate guide to Alibaba’s Double 11 2018; one day sales exceeded US$30 billion

This year marks the 10th anniversary of Double 11 online shopping festival. The first Double 11 in 2009 brought in US$7.8 million in gross merchandise value

Fresh food e-commerce trending in China with 38 million users in 2018

China’s fresh food e-commerce market had a penetration rate of 3.44% and 37.88 million users as of July 2018. 85.11% users only installed one app.

Alibaba e-commerce marketplace highlights for Q3 2018

Alibaba’s annual active consumers increased by 25 million and reached 601 million in the 12 months ended September 30, 2018. Alibaba delivered robust revenue growth

Sales in EU expected to explode during Alibaba’s Double 11 shopping festival

Tmall Double 11 global shopping festival 2018 is expected to double its sales value in the UK, according to the e-commerce delivery firm ParcelHero.

China e-commerce grew 43.6% in Q3, accounting for 10.6% of FMCG

Sales of China’s fast-moving consumer goods grew by 6.3% year-on-year in Q3 2018. E-commerce saw sales growing by 43.6% in Q3 2018, accounting for 10.6%

China retail market up 9.2% to US$462B in Sep 2018; online up 27%

In September 2018, the total retail sales of consumer goods reached 3,200.5 billion yuan (US$461.81 bn) in China, up by 9.2% year-on-year (nominal growth rate),

China’s flower e-commerce market in strong growth; to hit US$7 billion by 2021

In China, the flower e-commerce has been a 12.41 billion yuan (US$1.79 bn) market in 2017, approximately 10 times larger than it was in 2013.

This Chinese bookstore chain manages to be profitable and expanding

Sisyphe Books, originally from Zunyi City of Guizhou province in China, had opened 8 bookstores after 15 years of development. In the year 2008, Sisyphe

Why and how Chinese digital media Yitiao expanding to offline retail

Yitiao, a video-focused content producer and e-commerce start-up, opened its first three brick-and-mortar stores in Shanghai on September 22, 2018. Yitiao has been one of