China’s first e-commerce service report, released at the first China E-business Service Conference on Dec. 15 in Shanghai, said the market size of China’s e-business is taking a leap.
According to the report, by the end of 2011, the number of China’s …
Alipay, China’s leading third-party online payment platform and a subsidiary of the Alibaba Group, has spinned off its reward points service as a wholly-owned subsidiary to tap the country’s booming e-commerce market.
Jifen Bao, the relaunched reward …
Top Chinese sports brand Li-Ning is making a second pass at the U.S. market and for now their strategy is branded e-commerce.
“The biggest brand you’ve never heard of … now available here,” proclaims the greeting on a bold red background on www.Li-N…
The explosive growth of China’s online shopping market is attracting more and more international brands.
Benefit, LVMH Moet Hennessy (LVMH)’s well-known cosmetics brand, has officially opened a flagship store on Taobao Mall to attract China’s young co…
“Shoppers are more cautious this year with their spending. Even if they said they were spending more, they were doing so mainly to keep up with the rising cost of products,” Paul Jung, Visa’s head of eCommerce for Asia-Pacific, Central Europe, Middle E…
President Obama’s National Export Initiative, which calls for a doubling of the nation’s exports to support creating two million jobs in the next five years, was launched to encourage small businesses to grow through exporting. And while the idea of expanding into foreign markets can seem daunting for small and midsize businesses, the launch of Export Now (www.exportnow.com) is looking to change this with a first-of-its-kind, e-commerce solution to help businesses efficiently and inexpensively export to China.
Export Now:
• Allows U.S. companies of any size to grow revenue and compete in foreign markets through exporting.
• Eliminates the biggest challenges of doing business abroad by bridging the cultural and financial gaps of complex foreign markets.
• Distributes goods via its exclusive store on Tmall.com, while simultaneously listing them on Taobao.com, the largest B2C platform in the world (last year more than 370 million people used Taobao.com, spending over $60 billion on China’s largest, fastest-growing e-commerce marketplace).
The Export Now launch event will include an introduction about growth opportunities through exporting and new technologies to make exporting easier, as well as an Export Now product demonstration and discussion on the importance and ease of exporting for U.S. businesses from Export Now founder Frank Lavin.
E-Commerce China Dangdang Inc. reported a loss in its third quarter, weighed down by declining gross margin and higher operating expenses.
The online retailer, which went public in December, said Wednesday that it lost 73.4 million yuan ($11.5 million…
The new US Commerce Secretary, John Bryson, is travelling to China along with US Trade Representative Ron Kirk for a meeting of the US-China Joint Commission on Commerce and Trade (JCCT), an official announcement said on Tuesday.
Chinese Vice Premier …
Market research firm Synovate has some new insights into Chinese netizens usage of the web – how it differs between poorer and richer cities, that more people than ever in China go online on their mobiles, how e-commerce has exploded even in less prosperous cities, and that the internet has (for the first time) surpassed television in terms of engagement levels.
It’s a part of Synovate’s Media Atlas China study, which surveyed 66,000 consumers across 88 ‘tier one’ to ‘tier five’ cities and rural areas across mainland China. Before we get to the meat on the bones, we have to gnaw at the gristle of what exactly constitutes these levels of cities.
So here’s a quick primer on China’s cities: