Recently, Alibaba Group announced that by Nov 30 in 2012, total Taobao sales (including Tmall and Taobao.com) exceeded 1 trillion yuan (USD160 Billion). Great Potential of Domestic Consumption During last month’ Bachelor’s Day Promotion, Taobao accomplished sales of 19.1 billion yuan (USD3.07 billion) in only one day. Not only did this figure reflected the strong consumer […]
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China’s Bachelor’s Day (Double 11): Big Online Shopping Day
What is the hottest word among Chinese netizens these days? It’s the “Bachelor’s Day Promotion”. Almost every netizen has got the invitation for this ceremony whether or not you are a bachelor. About Bachelor’s Day Promotion in China November 11th has become a special festival during recent years. With four characters of “1”, this date […]
Part-time Sellers Account For 70% Of China Online Shops
Beijing University and Alibaba Research Center jointly issued a report on “Those started online shops”. The report demonstrates that large number of part-time sellers swarm into the main forces of online selling, which accounts for 70% of the whole online retailers. They are white-collars, students, unemployed youths, housewives, farmers and even retired workers among. Except […]
Top 10 Instant Messenger in 2011
Tencent QQ, Alibaba’s Wangwang, and China Mobile’s Fetion (Feixin) were the top three most popular instant messengers in China last year.