This is the part 2 of a series of posts that gives you insights on Chinese netizens behaviors from Sina Weibo. Part 1, Part 3, Part 4. More and more B2C websites had registered Sina Weibo Enterprise accounts, they already started marketing warfare on Sina Weibo. By analyzing three keywords mentioned on Sina Weibo which […]
Sina tech news released on December 18 2013, that Amazon Web Service (AWS) achieved strategic cooperation with cloud valley belonged to China Broadband Capital (CBC). AWS finally was ready to launch AWS in Chinese market.
According to Enfodesk, China B2C market reached 162.4 billion yuan (USD 26.47 billion) in Q3 2013, with a 3% QoQ increase and a 50% YoY increase. China online sale reached 415.3 billion yuan (USD 67.7 billion) in Q3, 41% more than 2012. B2C occupied 39% of total online sale, catching up with C2C market.
You may wonder, how much would it cost to enter major e-commerce platforms in China? Here’s an illustration with apparel and clothing category. In the example of clothing and apparel, in Tmall, it would cost 100,000 yuan (USD 16,218) for security deposit, and 60,000 yuan service fee (USD 9,730). Commission charge is 5% of sales […]
In the first half of 2013, China mobile e-commerce reached 53.2 billion yuan(USD 8.6 billion), with a YoY increase of 44.1%. It is expected to reach 130 billion yuan (USD 21 billion) by the end of 2013. In 2012, the mobile e-commerce enterprises were 250.5 million. It is estimated to be 372.5 million in 2013. […]
According to iResearch, Jingdong’s App is the top app by monthly user coverage with over 15 million users from Aug 2012 and Jan, 2013, followed by Dangdang with over 5 million users and Amazon China. 51buy, although ranking the 7th among top 10 Chinese core B2C enterprises with 3 million monthly app users, had the […]
According to Hitwise, Jingdong is the most visited B2C website with over 462 million visits, who also had the fastest month-on-month growth of 30%.
According to Experian Hitwise, tmall.com was the most popular B2C website in China with 432,456,034 visits in March 2013, followed by jd.com and 51buy.com. There were also conerns that the visits growth rate of Tmall was up to 53%, far exceeding that of jd.com.
China’s first quarter online shopping transactions was 228.2 billion yuan, down 0.8% over the previous quarter but up 40.9% over the same period last year.
No one seems to be able to replace Taobao as the number one online shopping portal whose total sales last year exceeded 100 billion yuan (about USD $15.88 billion) with strong growth in mobile.
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.
The revenue for B2C platforms is commission based while B2C online retailers source products and sell.
Total online transactions on Taobao Mall exceeded 30 billion yuan (about USD$4.6 billion) in 2010.
The top B2C online shopping websites in China with market penetration rate: dangdang.com: 10.4% amazon.cn: 4.5% 360buy.com: 3.5% redbaby.com.cn: 1.6% 99read.com: 0.6% cncard.com: 0.5% m18.com: 0.5% newegg.com.cn: 0.3% Part 1: Penetration Rate by City