Alibaba Group’s Q1 2023 financial results reveal a mixed performance in its retail and e-commerce sectors, while its Tmall platform experiences a significant increase in new merchants.
China B2B Market
China B2B trade and sites include domestic sourcing marketplaces and cross-border B2B sites.
The domestic B2B marketplaces in China include Alibaba Group's 1688.com, Global Sources China, HC360.com, China.cn, Baidu B2B, etc.
Cross-border B2B sites and portals include Alibaba.com, Global Sources, TradeKey, Made-in-China.com, China.cn, HKTDC, etc.
There are small sites and marketplaces and some duplicated the existing ones. The ones listed above are reputable ones.
China cross-border B2B e-commerce market »
Read China's domestic and cross-border B2B wholesale and e-commerce markets trends and insights below.
JD.com launched a cross-border B2B platform targeting overseas merchants
JD Worldwide, the international business of JD.com (Jingdong), launched a cross-border B2B platform Joybuy on June 18 2022. Joybuy connects overseas merchants with high-quality Chinese factories through the company’s selected supplier network.
China cross-border B2B e-commerce markets insights 2021-2025
The compound growth rate of China’s cross-border e-commerce market will reach 25% from 2020 to 2025. In 2019, B2B accounts for 74.1% of China’s cross-border e-commerce sales In 2019, the total market of China’s cross-border export B2B e-commerce service providers reached 539.1 billion yuan, and the compound growth rate of the cross-border B2B service market […]
Close to 80% of China internet users shop online in 2020
The number of online shopping users in China grew to 749.39 million, accounting for almost 80% of all internet users in China. Mobile shoppers grew to 746.96 million as of June 2020, representing about 80% of mobile internet users. China’s online shopping market saw a 6.8% growth YoY or 20.9% QoQ in the second quarter […]
JD acquired China’s leading procurement platform for MRO products
JD MRO, JD.com’s B2B subsidiary for industrial maintenance, repair and operations (MRO) products and services, announced its acquisition of VIPMRO yesterday, China’s leading procurement platform for MRO products.
Alibaba B2B platform GMV up 80% in the first half of 2020
Alibaba Group’ international B2B platform Alibaba.com transacted 80% more in the first half of 2020 compared with a year earlier. Orders placed on Alibaba.com nearly doubled (+98%) in the six months ended June 2020 while the number of paying buyers increased by 60%, according to data Alibaba.com released last week. Transactions surged as the coronavirus […]
China B2B market status 2020; e-commerce revenue up 20%
A McKinsey survey finds that the Chinese B2B decision-makers are responding quickly to COVID-19, though actions and customer preferences vary. About two-thirds are optimistic about the economy as of the end of April 2020, up 12 percentage points from two weeks earlier. China is more optimistic compared to other regions covered in the McKinsey survey, […]
China online shopping market overview Q1 2020
The transactions of China’s online shopping market is expected to reach 2.1 trillion yuan in Q1 2020, down 33.3% quarter on quarter or decrease of 1.2% year on year. In Q4 2019, the transactions of China’s online shopping market reached 3.2 trillion yuan, an increase of 38.5% QoQ or 26.9% YoY. The growth was higher […]
Alibaba’s B2B retail platform Ling Shou Tong has reached 1.3 million mom-and-pop stores
Alibaba’s B2B retail platform Ling Shou Tong has reached 1.3 million mom-and-pop stores as of August 2019 according to Lin Xiaohai, the Vice President of Alibaba Group and General Manager of the Ling Shou Tong division. That means that one out of six stores in the country is a Ling Shou Tong (LST) customer. According […]
China cross-border e-commerce market overview H1 2018
Transactions of China’s cross-border e-commerce exceeded US$654 billion in H1 2018. The export business accounted for 77.1% while B2B took 84.6% in shares by transactions. Transactions of cross-border e-commerce totaled 4.5 trillion yuan (US$654.08 bn) in the first half of 2018 (H1 2018), up by 25% year-on-year. The export business accounted for 77.1% of the total cross-border […]
China B2B e-commerce market overview in H1 2018, led by Alibaba, HC360
The transactions and revenues of China’s B2B e-commerce totaled US$1.63 trillion and US$3.71 billion in the first half of 2018, respectively. Alibaba.com, HC360.com, and Cogobuy were top three leading B2B platforms. The transactions of B2B e-commerce reached 11.2 trillion yuan (US$1.63 trillion) in the first half of 2018, with an increase of 14.2% compared with 9.8 […]
Alibaba cross-border B2B e-commerce report 2018
Alibaba.com, committed to helping SMEs to export and expand overseas market, has already become the biggest international trading platform. This platform has over 1,000 active overseas buyers and receives near 300 thousand inquiry orders every day. Alibaba.com app saw a year-on-year increase of 52% in active buyers and 269% in DAU. The number of exports […]
China’s B2B e-commerce exceeded US$3 trillion transaction in 2017
The transactions of B2B E-Commerce market in China reached 20.5 trillion yuan (US$3.07 trillion) in 2017, an increase of 22.75% year-on-year. The total revenues of B2B market in China reached US$5.24 billion, led by Alibaba and HC360. B2B E-Commerce revenues went up by 34.6% year-on-year to 35 billion yuan (US$5.24 bn) in 2017. Within this market, […]
China B2B e-commerce market overview 2017
E-commerce in China has assumed a more prominent role within the country’s economy than is the norm in Western countries; it controls a much larger portion of consumer spending than in the United States or Europe and accounts for a larger portion of GDP. It has also entered into the B2B sector in force in […]
China SME B2B e-commerce market overview 2012-2019
SME B2B e-commerce market totaled 23.6 billion yuan in 2016, representing close to half of total e-commerce market in China. Alibaba has close to 50% market share in 2016.