More and more overseas e-commerce websites providing the service of direct shipping to China appear. On the one hand, they can rapidly occupy the position in the Chinese market. On the other hand, they make customers enjoy more convenient shopping. In the U.S., many large merchants that sell products covering general goods, fashion clothes, products […]
China Cross-border E-Commerce Markets
Jingdong launched JD Worldwide last week providing imported goods from Japan, Korea, the U.S., Australia, UK and etc. In the mean time, eBay Overseas Featured channel has also launched on the new website.
There were over 2,000 cross-border e-commerce enterprises in China on record according to China General Administration of Customs.
Suning, one of the largest retailers in China, launched its U.S. e-commerce website targeting Chinese cross-border shoppers looking to buy American products.
Vitacost has started providing direct delivery service to Chinese cross border shoppers with China’s largest logistic company SF Express.
Recently, Wechat payment is discussing cooperation with some e-commerce websites on importing business and overseas e-commerce including eBay.
Some China internet users observed the shipping charge of some products at Amazon US store are reduced, which indicates Amazon’s efforts in cross-border e-commerce.
The total number of mainland Chinese cross border online shoppers reached 18 million 78% of which are mobile shoppers; and, China has become the second cross border online shopping destinations in the United States, according to a Nielsen survey, commissioned by PayPal.
Amazon China announced a tripartite memorandum of understanding with China (Shanghai) Free Trade Zone (FTZ) and Shanghai Information Investment Co., Ltd.
Some Chinese shoppers buy products on oversea online retailers, which will be delivered directly to their Chinese address. These group of users are commonly known as Haitao in China.
Alibaba Group is the largest online and mobile commerce company in the world in terms of gross merchandise volume (GMV) in 2013, according to the IDC GMV Report. They operate their ecosystem as a platform for third parties, and they do not engage in direct sales, compete with their merchants or hold inventory.
Alibaba announced through its official Weibo that it will invest SGD 313 million (about USD 249 million) in Singapore Post (SingPost) for 10.35% share in SingPost.