The top e-commerce platforms in China are JD, Tmall, and YHD in 2016 according to Kantar Retail.
Total transaction value of China online shopping market reached 1.15 trillion yuan (US$166.85 billion) in Q3 2016, up 23.6% YoY or 2.6% QoQ, according to data from iResearch.
JD.com reported net revenues of RMB 60.7 billion (US$9.1 billion) and gross profit of RMB9.6 billion (US$1.4 billion) for Q3 2016.
JD.com GMV for the second quarter of 2016 increased by 47% to RMB160.4 billion (US$24.1 billion) from the core GMV (excluding Paipai.com) of RMB108.7 billion in the second quarter of 2015 according to JD.com.
JD.com GMV for the first quarter of 2016 increased by 55% YoY to RMB129.3 billion (US$120.1 billion); and, its net revenues were RMB54.0 billion (US$8.4 billion), an increase of 47.3% YoY according to its unaudited financial results.
JD reported net revenues of 54.6 billion yuan (US$8.4 billion) with an increase of 57% for the fourth quarter of 2015 from the fourth quarter of 2014. The increase was primarily due to the growth in active customer accounts and the number of fulfilled orders in the fourth quarter of 2015.
Transaction values of China’s B2C online market reached 503.6 billion yuan (US$78.58 billion) with an increase of 49.7% in the third quarter of 2015 compared to the same period in 2014 according to Analysys.
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.
JD.com reported net revenues of 44.1 billion yuan (US$6.9 billion) for the third quarter of 2015, representing a 52% increase from the same period last year and core GMV of 111.0 billion yuan (US$17.5 billion), up 76% from the third quarter of 2014. The increase was primarily due to the growth in active customer accounts […]
China’s personal care online shopping market included goods as oral hygiene products, hair care products, body care products, facial cleaning products, cosmetics, perfumes, etc. Transaction values of China’s personal care online shopping market was 206.88 billion yuan (US$32.60 billion) in H1 2015.
China Internet Magazine released a list of top 100 e-commerce companies in China in Q3 2015.
Tmall recently launched its virtual fitting room Mota (magic dressing), to provide users with virtual simulation sceneries as they shop on Tmall. It has attracted more than 130 brands on Mota including Topshop, GAP, Levi’s, etc.
The total number of China’s tourists is estimated to exceed 4.1 billion person trips in 2015, and reach a total revenue of 3840 trillion yuan (US$617.40 billion), according to China Tourism Academy.
JD.com net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an increase of 61% YoY. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an increase of 108% YoY. Net loss for the second quarter of 2015 was RMB510.4 million (US$82.3 million) and […]
Forbes China in April released a list of Top 30 Mobile Internet Companies in China in 2015, which records the revenue of China’s technological companies on the mobile internet. Tencent ranks first with the mobile revenue of RMB 22.171 billion (USD$ 3.571 billion), and Xiaomi is the only hardware manufacturer on the list.