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Posted inNews

Rural China: The Next Battlefield for Domestic E-commerce

China’s urban e-commerce market is nearing saturation after years of explosive growth, a trend leading China’s online retailers to address the untapped markets in rural areas. Nearly 50% of the country’s 1.36 billion population lives in rural areas; however, less than 30% of rural residents are online and only 10% have bought things online, according to […]

Posted inNews

LightInTheBox President Kevin Wen on Building a Cross-border Online Retail Business

Chinese online retailer LightInTheBox was aimed at global audiences from day one, Kevin Wen, co-founder of the company, told us today at 2014 TechCrunch China/ TechNode event in Beijing. Back in 2007 when LightInTheBox was founded, there were only three well-known e-commerce sites in China, Taobao, Dangdang, and Joyo (would be acquired by Amazon). And all of them were targeting […]

Posted inNews

B5M Claims It’s the Largest Independent Shopping Search in China, Announcing $16 million Series B Round of Funding

B5M claims it’s now the  the largest independent shopping search service and the second largest after Alibaba’s Etao in China. Launched in December 2011, B5M has indexed 300 million items from Taobao & Tmall, over six thousand business-to-consumer sites, over 200 group-buying sites and over 40 social shopping websites. There are more than 3 million visitors and 50 million […]

Posted inNews

New Features That Helps WeChat To Gain Foothold In B2C Sector: Alexis Bonhomme, GM of WeChat Integrated Agency Curiosity China

Although instant messaging tools are most commonly used by individuals for personal communication (C-to-C), WeChat, a leading Chinese IM app, gradually established its presence as a major channel of online marketing (B-to-C). The newly launched WeChat 5.0 gives special focus to business users by adding a list of new features that caters for the business […]

Posted inNews

How Tiger Fund Hunts Techie Pandas

Nov. 21st , YY Inc. priced its 7.8 million share IPO in Nasdaq at $10.50 and began trading on that day. In 2011, Tiger invested $76m in YY, and now the value was almost halved to approximately $40.27m. Since 2003, Tiger Fund has started sowing seeds in China tech industry, with ecomm being its main […]

Posted inNews

Taobao Turns Ten: A Look Back

Taobao — “exploring treasures” in Chinese — now is a household name in China. Ten years ago, Alibaba wanted to try out the online auction by putting up a Nokia phone online. That phone turned out to be the first item on the customer-to-customer platform. eBay-like auction, however, never prevailed in China. Taobao simply became the biggest marketplace for online […]

Posted inNews

Meilishuo: 32 Millions Chinese Users, 80000 Serial Pinners

[Editor: The article is written by Laure de Carayon (@laure2carayon) of China Connect (@chinaconnectEU)] China’s digital ecosystem is a vibrant scene. Among the (numerous) new players, Meilishuo, the Fashion social network with almost 5 millions followers on Sina Weibo, has a growing audience and major brands are joining. The following is the exclusive interview of […]

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