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.
Only a few years ago, Chinese consumers made most of their luxury goods purchases abroad. Today, 60% are made in mainland China, says McKinsey. China’s second quarter luxury online sales reached 3.45 Billion yuan (about USD $540 million), according to Chinese research company Analysis International.
The revenue for B2C platforms is commission based while B2C online retailers source products and sell.
The above graph from iResearch shows that China’s online shoppers are more active in workdays than weekend except for evening time on weekends. If we take a look at Amazon.com’s traffic trend in May, it seems to conform to the finding:
Today is International Children’s Day and an ad is spotted on Baidu’s homepage for the first time as shown in the above screen capture. This text link points to cause marketing campaign by online shoes retailer Letao. This Letao campaign donates 61,000 pairs of shoes to kids in the rural areas in China. It’s not […]
Total online transactions on Taobao Mall exceeded 30 billion yuan (about USD$4.6 billion) in 2010.
Taobao just launched Taobao Electronics Mall, a B2C platform for 13 categories of electronic products: Mobile phone mp3 player / mp4 player / ipod / digital recroder Laptop Computer and accessories / imaging products Electronics accessories Office equipment Memory card / storage devices Personal care / health / massage equipment audio-visual appliances kitchen appliances household […]
Analysys International, a tech & media consultancy firm based in China, released its forecast comparing China’s C2C and B2C online retail market. Analysis predicts more growth in B2C online retail business than C2C.
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
Department of The Walt Disney consumer goods in Shanghai, announced the launch of China’s first authorized Disney B2C online shopping platform “The Disney on Little Master” (little master in Chinese: xiaozhuren) officially entering the online shopping market in China. The reporter found that, although this is the first time Disney is in B2C business, it […]
Taobao.com, C2C branch of Alibaba Group, achieved 43.3 billion yuan (over US$6 billion) total online sales in year 2007; it has recently launched its B2C section: Taobao Mall, giving numerous well-known brands such as Nokia, Lancome, Chivas…an online channel to reach more customers. Its objective is to build a 24-hour open online mall selling all […]