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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China's express delivery service gets overheat
I found out about this personally when I bought some cat food online. Usually, the delivery boy will come the next day after my order. But, this time, the pet shop owner said there was no longer any express delivery. Just to make sure my cats do not starve to dead, he came the […]
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Walmart Invested 360buy, the Biggest 3C Online Retailer in China
Liu Qiangdong, the chairman of 360buy, the biggest 3C online retailer in Chinese B2C market, today disclosed its series C venture investment, the amount is over $500million. Liu said this round of investment is not from venture capitals, but also from some strategic investor including Walmart and other six large internet companies. Walmart is starting […]
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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 […]
