Two of the largest online retailers in China are having a price war. One of them is Dangdang, a leading online book store in China that has just listed in Nasdaq. Another is 360buy, the largest online retailer in China by revenue and the most aggressive player in the industry. (Here is an article from […]
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15-years Chinese Web, We See The Glory, Can We See The Dream?
After 15 Years of development, Chinese internet is now the biggest market with over 420millions users and has massive potential as the internet penetration is still around 32%. The recent news of Chinese companies such as Dangdang, Youku being listed in NASDAQ and companies like Tudou together with many others (i herad that there were […]
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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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Chinese Online Retailers Ready to Take off – StarWatch Report Nov Edition Released
[This article is extracted from our StarWatch report (November Edition). To read the full article, please download the report English version and Chinese version for free. The English edition of this report will also cover other hot topics such as mobile internet industry in China, and startup profile including Sky-Mobi, D.cn etc.] On October 26, […]
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Is Another Chinese Tech Bubble In the Making??
Dang Dang and Youku are finally listed. Both performed very well in their IPO debut in Nasdaq. Share of Dang Dang, one of the largest online bookstore, jumped 87 percent to close at US$29.91 on Dec 8. Youku, the leading online video site, surged 161 percent to US$33.44 yesterday. Its surge was second only to […]
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Dangdang.com Goes Public in Nasdaq Next Month
I was having a lunch with a friend today. And he told me, next month, i.e. November, the largest Chinese online book retailer, Dangdang, will be going public in Nasdaq. As one of the first major Chinese e-commerce sites going public, it must create lots of fuss. I heard from an investment bank source that […]
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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 […]
