As of November 2014, total fans of China B2C e-commerce websites Weibo accounts exceeded 30 million, which provided a large number of consumers for China online shopping market. According to Weibo’s latest research, here is the profile of Weibo fans of China B2C e-commerce websites accounts in 2014.
According to Weibo’s daily influence index, Tmall, OKHQB, and Dangdang performed best on Weibo among 1,613 active Weibo accounts in B2C e-commerce category in 2014. 92% of those active e-commerce Weibo accounts are vertical websites, the most of which is clothing and accessory category. Ranked by daily influence index by Weibo, OKHQB.com is an e-commerce website […]
In Q3 2014, total transaction value of China online shopping market was RMB691.41 billion (US$112.69 billion) with an increase of 49.8% year on year. Total retail value exceeded RMB6.5 trillion (US$1.05 trillion) and China online shopping accounted for 10.6% of total consumer retail market according to data from National Bureau of Statistics of China.
As of September 2014, there were 1,350 active China e-commerce enterprise accounts on Weibo. And the top categories are clothing & accessory, fashion life and food & beverage.
In China mobile phone B2C market, Jingdong, Tmall, Suning, Yihaodian and Dangdang accounted for over 90% of market share by sales volume in Q3 2014. Sales volume of Jingdong and Tmall combined accounted for over 80% market share; and Jingdong accounted for 53%.
In Q3 2014, total transaction value of China mother care market exceeded RMB23.48 billion ($3.82 billion) with an increase of 129% from the same period in 2013.
In Q3 2014, total transaction value of China 3C home appliance B2C market was RMB107.88 billion ($17.56 billion) with an increase of 67.9% from the same period of the prior year.
In Q3 2014, total transaction value of China clothing B2C market was RMB91.62 billion ($14.91 billion) with an increase of 54.2% from the same period of prior year according to data from EnfoDesk.
Costco Wholesale, the American membership-only warehouse club that provides a wide selection of merchandise, launched Tmall flagship store on Tmall Global reaching Chinese consumers directly with competitively priced food and healthcare products ranging from clothing to groceries to laundry detergent to health and beauty aids.
China retail market of cosmetics product was RMB333.86 billion (USD54.32 billion) in 2013 and it is estimated to reach over RMB700 billion (USD113.9 billion) in 2017 according to iResearch.
Dangdang’s total net revenues in the second quarter of 2014 were RMB1,960.8 million ($316.1 million), a 31.3% increase YoY. Dangdang had approximately 8.5 million active customers including approximately 2.9 million new customers, in the second quarter of 2014, representing increases of 12% and 23%, respectively, from the corresponding period in 2013.
JD.com had approximately 38,000 merchants on its online marketplace as of June 30, 2014 and a total of 62,061 full-time employees as of July 31, 2014. JD.com’s share of China’s online direct sales market reached 54.3% in the second quarter of 2014, according to iResearch.
Vipshop, China’s leading online discount retailer for brands, total net revenues increased by YoY 136.1% to US$829.4 million, primarily attributable to a 167.9% increase in the number of active customers to 9.3 million from 3.5 million and a 138.4% increase in total orders to 26.3 million from 11.0 million in the prior year period, according […]
Transactions generated from Chinese B2C online retailers reached RMB284.5 billion, 40.4% of China’s total online shopping transactions in Q2 2014; and it is expected to continue to grow and surpass C2C online retail market in 2015.
Total transactions of China’s online shopping market, a combination of B2C and C2C markets, reached RMB6,28.76 billion (US$101.58 billion), 10.1% of total retail transactions in China, according to iResearch data.