Posted inNews

Gome Teaming up with Dangdang to Rival 360buy

Gome is really at it. We wrote about Coo8, one of the online arms acquired by Gome has agreed on a comprehensive partnership deal with Etao to leverage the price engine for joint force promotion, affiliate program and so forth. Now, Gome.com.cn, the more-of-its-own online outlet of the HongKong-listed Gome Electrical Appliances Holdings Limited announced […]

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

Suning Book Business Backed up by Dangdang?

Jack Ma, founder, chairman and CEO of Alibaba Group once said that “buying stuff from elsewhere then reselling them online is a stupid business model”, well, how about buying from your competitor rather than channels and then reselling online? Unbelievable yet might be the sure thing at least to Gong Wenxian, VP of etailer 360hqb.com, […]

Posted inNews

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 […]

Posted inNews

Dangdang EBook Service Goes Online Today

Dangdang, the Chinese online retailer launched its ebook service today with more than 50,000 books in its ebook store and 90% of which are priced under RMB 10 yuan (US$ 1.5 dollar). 360buy is also said to follow suit and launch its own ebook store in early next year with north of 80,000 books and […]

Posted inNews

DangDang To Launch Kindle-Like E-book Reader

Everywhere I go, I see people reading something on their mobile, iPad or Kindle. At least in Beijing, people make long journeys on public transport, to and from work, so they need to make good use of their travel time. Realizing the big market size, DangDang, a ‘Chinese Amazon’ is releasing its own version of […]

Posted inNews

Rumor: 360buy to Start Proprietary Clothing Brand Soon

Local media broke that 360buy is about to start a proprietary clothing brand soon following the debut of Dangdang Youpin (or 当当优品), the new home furnishing brand made available by Dangdang.com, the NASDAQ-listed Chinese online B2C giant. Dangdang Youpin Wu Sheng, the former VANCL veteran and VP is said to oversee 360buy’s clothing brand effort. […]

Posted inNews

Tencent Open B2C Platform Coming Soon

Local media reported that Tencent this week would be holding an internal meeting featured around 300 merchants discussing its buy.qq.com, signaling that the company is considering opening up its B2C platform. Having received $1billion investment from Tencent, the e-commerce subsidiary of the penguin Kingdom is speeding up. A Tencent staff revealed that, user experience and […]