You may wonder, how much would it cost to enter major e-commerce platforms in China? Here’s an illustration with apparel and clothing category. In the example of clothing and apparel, in Tmall, it would cost 100,000 yuan (USD 16,218) for security deposit, and 60,000 yuan service fee (USD 9,730). Commission charge is 5% of sales […]
In the first half of 2013, China mobile e-commerce reached 53.2 billion yuan(USD 8.6 billion), with a YoY increase of 44.1%. It is expected to reach 130 billion yuan (USD 21 billion) by the end of 2013. In 2012, the mobile e-commerce enterprises were 250.5 million. It is estimated to be 372.5 million in 2013. […]
According to EnfoDesk, by the end of June 2013, the top 9 e-commerce platforms home appliance spare parts price index is shown above.
According to iResearch report in Q2 2013, China’s online shopping market turnover was about 437.13 billion yuan (USD 70.86 billion), increasing 45.5% compared to last year. As the National Bureau of Statistics of China report shows, the total retail sales of consumer goods reached 6.03 trillion yuan C(USD 977.5 billion) in Q2 2013, with 8.7% QoQ […]
eBay quietly returned to Chinese market in cooperation with a Chinese fashion site xiu.com, appeared on Jingdong in June 2013. Xiu.com, a Chinese leading online luxury retailer, was founded in 2008. Now Xiu.com is cooperating with the three big platforms which are eBay, Gmarket and Karmaloop. And it has got 50 luxury brands authorization.
iResearch recently released its China Internet Data Report in Q2 2013, giving us a glimpse of China internet performance in Q2. Online Markets and Online Advertising As you can tell from the chart above, Mobile won over PC devices on internet segment markets growth, such as shopping, searching, marketing(searching excluded) and game. Online shopping and […]
According to Hitwise, Jingdong is the most visited B2C website with over 462 million visits, who also had the fastest month-on-month growth of 30%.
According to Experian Hitwise, tmall.com was the most popular B2C website in China with 432,456,034 visits in March 2013, followed by jd.com and 51buy.com. There were also conerns that the visits growth rate of Tmall was up to 53%, far exceeding that of jd.com.
According to the data released by Enfodesk, Tmall accounted for 44.1% of the whole B2C market, 360buy for 16%, and Tencent for 3.8%. In 2013, the competition of the e-commerce platform is still the main melody in e-business industry. But it is worth noting that the cost of the new users acquisition will keep a […]
According to the mobile shopping market quarterly monitoring report for Q4 2012, released by Enofodesk, China mobile shopping market reached 19.6 billion yuan (USD 3.15 billion). In 2012, the mobile shopping market reached 60.05 billion yuan (USD 9.66 billion), among which Taobao alone accounted for 80%. Recalling China mobile shopping market performance in 2012, market concentration is […]
According to Quarterly Market Monitor Report from Enfodesk, China online retailing transaction scaled 331.6 billion Yuan (USD53.81 billion) in Q3 2012, with QoQ growth of 18.7% and YoY growth of 60%. Taken as a whole, online retail market forms a comparatively steady tripod complexion. The transaction amount of Taobao series, including Tmall and shopping site, […]
What is the hottest word among Chinese netizens these days? It’s the “Bachelor’s Day Promotion”. Almost every netizen has got the invitation for this ceremony whether or not you are a bachelor. About Bachelor’s Day Promotion in China November 11th has become a special festival during recent years. With four characters of “1”, this date […]
In Sep 2012, Tmall was catching up with 360buy and the gap was gradually reduced. Meanwhile, Suning slipped one spot to the fourth and Vancl even dropped off the top 10. With the coming “11.11”, so-called Bachelor’s Day, we can expect to see fierce competition among China B2C online retailers.
Image source: Sohu.com According to Trade and Industry information on Oct 29 2012, 360Buy had completed the acquisition of Chinabank Payment. Meanwhile, 360buy is investing in the technology development to build its own online payment platform.
China’s first quarter online shopping transactions was 228.2 billion yuan, down 0.8% over the previous quarter but up 40.9% over the same period last year.