Influenced by the “double 12” shopping festival, the rankings of best-selling brands have changed greatly in December. In women’s clothing category, Taobao brands RUMERE, MG Xiaoxiang, and DAXI RETRO STYLING have broken into the ranking of top 10. In women’s shoes category, OCANDY, a web celebrity brand, has moved into the top 10. In men’s […]
“Visit Taobao if you want to live a better life” The number of Taobao villages has grown from 3 in 2009 across 3 provinces to 2,118 in 2017 across 24 provinces. Most Taobao Villages are concentrated in east coastal areas; and, the top three provinces by total number of Taobao Villages are Zhejiang, Guangdong, Jiangsu, […]
China’s e-commerce market is already the world’s largest, and its growth, while slower than in years past, is still more rapid than that of any other large economy in the world. The following is an overview of several e-commerce sectors in Q3 2017. SME-oriented B2B Platforms B2B platforms serving small-to-medium enterprises saw slower revenue growth […]
In the ninth year of the world’s largest 24-hour shopping event, this year’s Tmall Double 11 2017 will showcase:
Alibaba saw the revenue growth of 61% in Q3 2017 to 55,122 million yuan (US$8,285 million) and generated US$3.4 billion in non-GAAP free cash flow.
Check out the top selling brands on Taobao/Tmall in September 2017 based on the transaction index from Alibaba across 10 categories including home applicance, snacks, skincare, apparel, smartphones, and etc. … Log in or subscribe here to read the full content.
The online retail market in China reached 1.59 trillion yuan (US$244.6 billion) in the second quarter of 2017 (up 31.2% over Q2 2016), with B2C sales accounting for 860.5 billion yuan (US$132.4 billion), an increase of 32% over the second quarter of 2016.
Alibaba Group reported total revenue of RMB50,184 million (US$7,403 million) for Q2 2017, an increase of 56% year-over-year. Tmall recorded 49% year-over-year growth for physical goods GMV.
Premium quality products are becoming increasingly popular in China, and more and more e-commerce companies are turning its focus from low prices to high quality including Netease Yanxuan, Mijia Youpin (Xiaomi), Biyao, and Tmall (Taobao Xinxuan).
On the afternoon of June 10th, a cruise ship called “Joy of Taobao & Tmall” set out for Japan from Shanghai Wusongkou International Cruise Terminal, starting a four-day and three-night trip to Japan. The ship was loaded with thousands of Taobao super members and APASS members as well as brand representatives of Tmall stores. Mr. […]
China’s online retail market totaled US$198.12 billion in the first quarter of 2017 with an increase of 27.6% YoY according to data from Analysis; B2C segment accounts for over 53%, led by Tmall (55.8%). Mobile continued its strong growth of 38.8% in China’s online shopping market, dominated by Tmall and Taobao (80.5%).
Alibaba reported revenue growth of 60%, the highest growth rate since its IPO. They also reported very strong fiscal year revenue growth of 56% with annual non-GAAP free cash flow of approximately US$10 billion.
The “Alibaba economy” could generate about 122 million of the 415 million total jobs available in China’s digital economy or 29.4% of all the jobs in 2035 from today’s 31 million jobs according to BCG.
Shopping of new year goods (a.k.a. “Nianhuo” in China) is a tradition of Chinese New Year (“CNY”) when retailers should get ready in advance. Data from Alibaba revealed some insights about this shopping season.
One month after Alibaba Double 11 online shopping festival on Singles Day in China, Alibaba launched Double 12 online shopping festival on its C2C website Taobao.