Category Archives: Syndicated

For U.S.-based retailers, running a successful global e-commerce business takes the right balance of strong local marketing and effective operations. While it is essential that retailers cater to local customer experience expectations, it is also criti…
For foreign companies looking to dip a toe in the fresh pool of Chinese e-commerce space, the waters are warm and inviting. After all, China’s middle class will swell to about 800 million people in the next 20 years, according to Acquity Group, a brand e-commerce and digital marketing firm that just released a new report on the Chinese digital market. Chinese online consumers have a total spending income of more than $2.7 trillion. The population is widely distributed, the report finds, but the Internet and mobile penetration rates are growing, reaching 34% in January 2011 with about 457 million users.
When Etao made its first dubut in late last year, Taobao positioned and touted the service as a price engine for online buyers. Taobao spun off Etao as an independent company in an aim to serve the best interests of online hunters by helping them find the best deal online through price comparison and more. In this month, Alibaba announced investing US$ 157 million (RMB 1 billion) into the Taobao portfolio, aiming to help boosting 3rd party ecommerce sites’ online exposure and traffic.
Expanding into foreign markets just became easier with today’s launch of Export Now (www.exportnow.com), which provides a one-stop, e-commerce solution to help businesses of any size efficiently, and inexpensively export to China. Export Now launched its solution today at an event in Washington, D.C., that featured Francisco J. Sánchez, Under Secretary for International Trade at the U.S. Department of Commerce. 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 entering foreign markets can seem daunting, the launch of Export Now eliminates the biggest challenges of doing business abroad by affordably bridging the cultural and financial gaps of complex foreign markets, such as China.
The Ministry of Public Security has launched a nationwide campaign to crack down on online black markets selling illegal goods including weapons and human organs, the ministry said Monday. The campaign, to last till February next year, is to investiga…
Think about your product being the first one in a Chinese city full of hundreds of thousand of upmarket discretionary spenders. If the current research has got it right, China is the new test bed for trendy items and serious brand big box purchases. Bragging rights to a unique and exclusive item might be worth sending samples of, just to get the buzz value and and let consumer interest grow. One sandwich box or branded frisbee might get thousands of clicks o the dot-com of choice. Savvy B2B managers should be compiling ideas for doing small to medium size business ventures with Chinese businesses, since China’s e-commerce market is scheduled to surpass the United States trade commerce volume by the year 2015. If online shopping is tabling off in the North American retail markets of b2b and online commerce, the Chinese intend to spend trillions of renminbi on products online. Devices, applications, games and books are ready to buy online.
More and more indie designers are emerging in China and they need a place to connect them with potential buyers. Founded by media veteran Zhao Jinwen, Wowsai is positioned to be such a platform for indie designers and people who prefer quality product…
Wu Xiaoguang, senior VP of internet giant Tencent, said yesterday that the company has firmly committed itself to further investment in the logistics industry. Details revealed by a source within Tencent’s e-commerce division suggest that over the coming 5 years, the company plans to put tens of millions of RMB into developing profitable and long-term B2C logistics partners. Wu said that following a year of investments, mergers and restructuring, Tencent’s e-commerce operations now revolve around its B2B2C e-commerce platform QQ Buy (buy.qq.com), QQ Mall (mall.qq.com), and the company’s B2C & C2C e-commerce platform, Paipai.com. Of those, QQ Buy partners mainly with independent B2C sites, QQ Mall primarily with traditional brands, and Paipai with individual entrepreneurs and small and medium enterprises.