Alibaba’s B2C subsidiary Tmall just revealed its score card for the first half of this year: total turnover hit RMB 20 billion, up 200% yoy. It is estimated that by year’s end the number will exceed RMB 50 billion.

Let’s walk through the dazzling numbers. In Q1, Tmall’s turnover was merely RMB 8 billion, and then with the grand B2C price war starting since May, the number rose to 12 billion in Q2.

It seems that 3C products are to take the credits. Tmall held a flurry of promotional sales in H1, while most were 3C products. On the platform, sales of Haier, the Chinese electronic appliance group jumped by 600%, kitchen appliances Fotile also saw a rise by 230%. What’s more, on June 18 report showed sales of laptops soared by 600%, DC by 300%, and tablets by 400%. As to the popular items, 20 million iPhone4S were sold at the price of RMB4499 (the lowest price online as promoted), and 50 million iPad2 were sold out.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Charlie Sheng

动点科技驻湾区记者. Charlie is an entrepreneur based in San Francisco and Hong Kong who calls herself the undefeated caffeine champion. You can reach her at charlie.sheng (at) technode.com