Tmall Global was officially launched on Feb 19 2014 by Alibaba which is designed for supplying imported goods for domestic consumers.
Taobao: China's No. 1 Online Marketplace
Known as China's eBay, Taobao is a huge online marketplace China internet users and merchants buy and sell products and services.
72% China online shoppers keep online all day according to a recent survey conducted by Epsilon.
Alibaba’s China retail marketplace platforms surpassed RMB 3 trillion (US$476 billion) in GMV in its fiscal 2016 which ends March 2016, as of 21 March 2016 at 14:58:37.
Transactions of China’s apparel online shopping market reached 413.05 billion yuan (US$65.08 billion) in H1 2015, including women and men’s clothes and excluding bags, shoes and children’s clothes.
Transaction value of China’s mothercare products on the online shopping platforms reached 190.24 billion yuan (US$29.67 billion) in the first half of 2015, including products such as infant formula, supplementary foods, diapers, baby supplies, baby clothing, toys, pregnant women supplies and so on.
Alitrip has cooperated with Sina to launch a tourism product Qingtingke during this year’s Double 11. This product provides resources and support to Weibo WeMedia owners and influencers in travel industry to enrich tourism product categories and improve destination tourism resources.
Despite the continuous weak growth and even decline in smartphone sales in China, major domestic mobile phone manufacturers still set a “big leap” of shipping target in H1 2015. Although foreign brands iPhone and Samsung still held a large market share, domestic brands as Huawei, Lenovo, Xiaomi and TCL etc. all set their phone sales […]
China Internet Magazine released a list of top 100 e-commerce companies in China in Q3 2015.
The post-90 is a common term in China indicating people who are born in and after 1990; the total number is about 140 million, accounting for 11.7% of the total population. The post-90s would become the future backbone of China’s internet.
Female online shoppers, which contributed to over half of the domestic consumption revenue, have always been seen as the great driving force of e-commerce in China. However, men sometimes had even more purchasing power over some products, such as clothes, digital products, sports equipment and so on.
Since the start of 2015, the growth rate of Chinese automobile transaction volume had slowed down its growth. In June 2015, the growth rate of the automobile market was merely 1.4%, 7 percentage points lower than June 2014.
Alibaba reported revenues of 20,245 million yuan (US$3,265 million), an increase of 28% compared to 15,771 million yuan (US$2,464 million) in the same quarter of 2014 and net income of 30,816 million yuan (US$4,970 million), an increase of 148% compared to 12,438 million yuan in the same quarter of 2014. The increase was mainly driven […]