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  • What's News? April 2, 2013 | 0 Comments

    Jingdong dog vs. Tmall Cat

    Netizens voted and the results are clear: 360Buy shoppers are dog people. The e-commerce mega-mall has decided on a metallic dog as its new mascot. This is the first cartoon mascot in nine years of operation for the Beijing e-tailer. The metal pup represents loyalty and integrity, traits the company hopes to profit from in competition with Alibaba's Tmall and its cartoon cat. The cartoon appears as part of a brand imagery overhaul; 360Buy will now be known as, shorthand for its Chinese name Jingdong. Source: eBrun

  • What's News? December 21, 2012 | 0 Comments

    Suning now licensed to run courier business

    Suning is now government licensed to operate its own courier business. Suning plans to use the company’s own courier services for 95% of deliveries and also plans to offer services to third-party companies. At present, Suning, 360Buy and Vancl all have their own courier businesses.

    Source: eBrun

  • What's News? November 2, 2012 | 0 Comments

    360Buy acquires online payment tool

    360Buy has been looking for M&A opportunities in the online payment sector ever isnce its cooperation with Alibaba's Alipay was terminated in 2011. Following failed negotiations with Tencent's Tenpay and 99bill, local media reports that the company recently signed a deal with Chinabank Payment. Currently the percentage of customers of 360Buy that choose the payment on delivery method has decreased from 70% to 50%, meaning that about 30 million users are using third-party payment processing tools when buying goods on 360B87. According to statistics, in 2011, Ali Pay had 49% of the online payment market, Tenpay had over 20%, while the remaining 30% was divided between smaller operators like Chinabank Payment and 99bill. Source: EBRun

  • What's News? October 23, 2012 | 0 Comments

    360Buy partners with Sina’s

    360Buy, one of China's largest e-Commerce operators, recently established cooperation with, a web site owned by Sina, to co-launch a home supplies channel. This is the first time for 360Buy to team up with an operator in that segment, and it signals the site's entrance to the home supplies and furniture arena. is one of China largest online sellers of kitchen and bathroom supplies, tiles, carpets, refined furniture, etc. Source: EBRun

  • What's News? October 19, 2012 | 0 Comments

    360Buy opens international site

    It has been reported that 360Buy plans to open an English-language website to serve the international market as domestic competition tightens. The company’s new site will sell over 400,000 new products in categories from home appliances to baby formula. 360Buy plans to set up storage overseas in the hopes of offering free shipping in some markets. The website expects to serves 36 countries when formally launched.

    Source: eBrun

  • What's News? October 14, 2012 | 0 Comments

    360Buy experiences logistics squeeze

    360Buy recently announced that its Jing Dong Express courier team will start providing services to other web sites. In response, China's leading courier companies, including ST Express, SF Express, and Yuantong Express, have been delaying order to 360Buy customers or altogether refusing to fulfill orders from the site. Source: EBRun

  • What's News? September 27, 2012 | 0 Comments

    Home Depot launches on 360Buy

    Home Depot recently started to sell goods on 360Buy and is planning to cooperate with more Chinese e-Commerce companies like Tmall and Taobao. The US DIY giant said its standard operation model doesn’t suit China. Instead, it plans to focus on the local online market in future. Home Depot entered the China market by acquiring Home Way in 2006. After three years development, it started to close down stores. It recently closed down its seventh and last store. Source: Soufun  

  • What's News? August 22, 2012 | 0 Comments

    Dangdang launches group buying channel

    Dangdang, a popular Chinese online retail of books and general goods, recently launched a group purchase channel. The new channel will serve as an open platform for other sites to promote their wares, and currently features deals from F Group and Dangdang's revenue will come from commissions. Chinese media reports that local consumers’ interest in group purchase is decreasing. According to Tuan800, Only about 327 people joined in each of its group purchase events during the first half of the year - more than a 50% decline compared to the same period last year. 360Buy and commissioned their group purchase business to other companies this year, citing low demand. Source: JRJ


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