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DangDang.com is in Trouble

DangDang.com (NYSE:DANG), China’s largest online book store is going through some major problems at the moment. Firstly, financially they have recorded three consecutive quarters of losses due to setting lower prices and promotions to attract customers away from 360Buy.com and TMall.com. Shares have dropped 84 percent last year, falling below the December 2010 initial public […]

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Chinese B2C Online Retail Market Share in Q1 2011

Analysis International releases its research data on Chinese B2C online retail market share in Q1, 2011. It says that in Q1, 2011 the total transaction value of Chinese B2C online retail market has reached rmb 47.07 billions (~$7.3 billions). Taobao is still leading the market (31.4%), followed by 360buy (10.2%), Joyo (Amazon China, 2.3%) and […]

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Problems with China’s Logistic Industry

Last week, I wrote about express delivery services stopped in China over the Chinese New Year because of not enough capacity.  In fact, there are more problems with China’s logistic industry than a simple lack of hands. (But why we are spending so much time discussing warehouses and delivery crew?  Isn’t Technode a blog for […]

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Tips for Luxury Brands in Chinese e-Commerce Market

Sales of luxury goods grew 12% in 2009, to $9.6 billion, accounting for 27.5% of the global market, according to Bain & Co. In the next five years, China’s luxury spending will increase to $14.6 billion, making it the No. 1 luxury market globally. In 2009, China overtook the U.S. to become the world’s second-largest […]