Tencent officially launched Enterprise WeChat/Weixin this morning, positions as a tool for office communications and collaborations.
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.
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.
China e-commerce market is expected to reach 16.2 trillion yuan (US$2.53 trillion) in 2015, of which business online purchase will account for about 80% or 12.9 trillion yuan (US$2.01 trillion) according to CCID Consulting. Jingdong had 39.4% market share of self-serving business purchase vertical in the first half of 2015.
China’s top 4 B2C websites, JD, Jumei, Dangdang and Vipshop announced financial reports in Q2 2015, JD further inproved its business scale while suffering from greater losses. Jingdong lost over 1.8 billion yuan in the past year.
China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.
In Q4 2014, top 3 B2B websites by influence index were Alibaba, JQW.com and HC360.com with influence index of 92.435, 68.543 and 42.432 respectively. And the average influence index of top 10 B2B websites was 39.694 in Q4 2014 in China.
Alibaba.com, Alibaba’s B2B international platform, has officially transformed into online trade platform, which will change the traditional trade model (online inquiry & offline payment).
In Q3 2014, total revenue of China small and medium enterprises in B2B e-commerce market was RMB4.96 billion ($810.7 million) with an increase of 14.9% year on year while it decreased by 9.3% quarter on quarter.
1688.com, the largest online B2B website under Alibaba Group and sourcing destinations of many Taobao sellers, is opening up to foreign suppliers with the addition of twenty four South Korean brands through Alibaba’s Direct From Overseas Markets program.
China B2B e-commerce market revenue has exceeded RMB4.53 billion (US$740 million), an increase of 6.1% from the prior quarter in the same year and by 57.29% from prior year period according to the latest data from Enfodesk.
China’s online B2B market reached 16.98 billion yuan with total transactions exceeding 7 trillion yuan.
According to report released by EnfoDesk, China B2B market GMV reached 7.1 trillion Yuan (USD 1.16 trillion) in 2013, with a 19.7% YoY growth. The market revenue was 16.98 billion Yuan (USD 2.76 billion), increasing 25.1% compared to last year. EnfoDesk regarded 2013 as the first year of a new growth cycle of China B2B […]
Alibaba vice president revealed in public that Alibaba B2B platform 1688.com achieved daily transaction of 300 million yuan (USD 49.1 million) after a year’s transition to online wholesale transaction platform.
Alibaba’s data showed that in the first half of 2013, Yiwu B2B online transaction reached 2.51 billion yuan (USD 410 million). It is expected to hit 5 billion yuan (USD 816 million) by the end of 2013. Yiwu, a city in the central area of Zhejiang province in China, is one of the most active […]