Top Banner
  • e-Commerce May 2, 2012 | 0 Comments

    E-Commerce Weekly: Alibaba, Gome, LVMH, Dangdang, Baidu

    Gome's e-commerce platform. Losing money.

    China's online retail market looks promising: higher incomes and an expanding pool of internet users mean the sector's profits are booming. But increasingly, this has not translated to profits for all firms. As we reported in an earlier post, even Rakuten, the largest e-commerce company in Japan, had to close down its China platform, Lekutian.com, due to the fierce competition. Currently, Alibaba Group occupies 72% of the market through platforms Taobao and Tmall. Competitors have a tough time breaking in. (The Wall Street Journal) The number of people employed in e-commerce in China will reach 2.65 million by 2012, according to Analysis International, a major tech and internet information provider. The trading volume of online shopping was 806 billion yuan (USD 128.15 billion) in 2011, a 55% increase from the previous year. The industry has created new work positions, such as call centers, customer service and logistics organization, and has reformed the structure of China's domestic supply and industrial chain. (The China Daily) ...Read More

  • e-Commerce April 24, 2012 | 0 Comments

    E-Commerce Weekly: Rakuten, Alibaba, 99Bill.com, and Toys-R-Us

    99Bill mobile payment on the iPhone.

    Rakuten, the largest e-commerce company in Japan, announced Friday that it plans to discontinue Lekutian.com, an online shopping mall it launched in 2010 through a joint venture with Baidu, the ubiquitous Chinese search engine. They blamed fierce competition and worse-than-expected business performance. (The Wall Street Journal) Online sales of beauty products have been rising in China at a rate of nearly 200% since 2006, according to consulting and research firm, Kline & Co. China is now the the largest internet beauty market in the world, and made nearly USD 8 billion in retail sales in 2011. Online beauty sales in China are now equal to the entire beauty market for France, which is the largest market for cosmetics and toiletries in Europe. They are nearly nine times larger than the online beauty market in the U.S. (Market Watch) ...Read More

Twitter

    Warning: file_get_contents(http://api.twitter.com/1/statuses/user_timeline.rss?screen_name=drorism) [function.file-get-contents]: failed to open stream: HTTP request failed! HTTP/1.0 403 Forbidden in /home/buybuychina/www/www/wp-content/themes/buybuychina/tag.php on line 98
  • January 01,1970


  • January 01,1970


  • January 01,1970


  • January 01,1970


  • January 01,1970