Ecommerce China

News about Ecommerce in China

jD and Dangdang come with CR very respectable 85 and 83, respectively, while Jumei has a so-so CR 73. Alibaba Group, by far the No. 1 e-commerce company in China, is expected by the end of this month to one of the largest IPOs in the United States forever, but just add to a list already significant e-commerce Chinese companies trading in the United States
In IBD Composite Rating (cr), the best China e-commerce companies are E-Commerce China Dangdang (NYSE: DANG), JD.com (NASDAQ: JD) Jumei International Holding (NYSE: Jmei) Vipshop Holdings (NYSE: VIPS) and 58.com (NYSE: WUBA).
Two of the companies, and Vipshop 58.com, sports the highest possible CR 99. CR ranks companies by key measures, including earnings growth and sales

Fashion and ecommerce in China

VipShop Guangzhou specializes in clothes at big discounts. Fashion firm e-commerce Web-only reported a 145% increase in revenue to $ 1.7 billion in 2013 and its first annual profit. The company says it is positioned to continue its growth by developing and optimizing its product offerings and improved merchandising, warehousing and technological capabilities.
58.com has made its IPO in October. It has a market and business model similar online in United States online classifieds site Craigslist-. Shenzhen-based aggregates and processes orders 500.com lottery Web and leads the market for sports online lottery in China with about 30 million registered users.
JD.com based in Beijing with over 40 million items for sale on its website, all the computers and mobile phones to household appliances, auto parts, clothing, luxury goods, food and nutrition, books, e-books, music, movies, plane tickets and hotel reservations. Hong Kong stock market, Tencent Holdings - top rival Alibaba - this year bought a 15% stake in JD.com.

 Tencent and Ecommerce

Tencent also recently announced it would buy a 19.9% ​​stake in 58.com.

Dangdang

Dangdang offers books, other media products and general merchandise in areas such as fashion and apparel, baby, children and maternity, and home and lifestyle. Its program of market allows third-party merchants to sell their products alongside products from Dangdang itself.
Jumei offers brand cosmetics and clothing big discounts through its flash shopping malls and online sales.
One third of Chinese consumers shopped online more than 40 times last year, according to a report by the China Internet tracking company iResearch.
Last month, the American Web portal Yahoo (NASDAQ: YHOO), which holds a 22.6% stake in Alibaba, announced an agreement to sell a number of shares in the IPO Alibaba, give more benefits shares of the company China increases. It stil sell 140 million shares in the IPO, and Yahoo said it will return at least half of the proceeds to shareholders.
Participation Yahoo in Alibaba is worth about $ 26 billion, according to IPO filing the e-commerce giant China in May.
Written by Yang

Ecommerce for the start-up fashion in China

Chinese e-commerce goliaths like Taobao provide a powerful platform for start-up fashion and apparel e-tailers


The year 2013 will be remembered as one in which China has surpassed the United States as the largest market for digital retail world,  writes the author of a report published by Bain & Company,

564 million Internet users in the country and 242 million e- customers. 

 " Retail online already totaled 6 percent of all purchases ,"

Meanwhile, in the clothing sector , e -commerce sales represent an even larger share of the overall cake .

Approximately 13 percent, according to iResearch estimates .

But for most Chinese e-commerce is dominated by a few domestic giants, including Taobao, VANCL , M18 and Jingdong . In fact, the top five players control 65 percent of the online retail market in China, according Workshop Paribas.

In fact , Taobao alone - which consists of Taobao market, a consumer survey which is China's response to Ebay and Tmall , a site selling business-to -consumer on which brands can open and manage their own e-commerce stores - more than 50 percent of all retail spending online .

Faced with this reality , are trademarks of medium-sized retailers and sentenced to nibble at the edges of the growth of the party e-commerce in China?

Chinese society casual Metersbonwe recently failed to launch a platform independent e -commerce , despite investing millions of dollars in the initiative. Meanwhile, Mecoxlane , clothing once pure play e-tailer and accessories plans to launch a disconnected network of 400 stores to survive.

Indeed, many Chinese fashion and clothing brands have their options of e -commerce as a binary : launch with one of the key players, or wait . Some have decided to wait for a more favorable market environment , but the vast majority of fashion retailers have lined up with the giants of Chinese e- c0mmerce - positive results .

Being on the big sites like Tmall , which hosts more than 50,000 branded stores, allows retailers to tap into the eastern several million daily visitors site. " On 11 November 2012 a special shopping day like Cyber ​​Monday in the United States ,
Tmall had over 250 million visitors, almost the entire population of online shopping in China ," said Florence Shih , responsible international public relations Taobao Group .

At the end of the day , sales sales through Taobao and Tmall market had exceeded $ 3 billion .

By comparison , sales of the entire United States on Cyber ​​Monday in 2012 were less than $ 2 billion . In addition, the launch platform scale as Taobao, with their millions of users, is certainly a good way for brands and retailers to increase knowledge of consumer behavior online .

In fact, it turns out that instead of stopping the growth of e-commerce in China Goliaths offer many opportunities for highly profitable business online fashion medium to flee on their platforms forms , as evidenced by the success of companies like Justyle and Angel Citiz .

Justyle (简 时尚 品) 

www.justyle.org/‎
Founded in 2007 by Xu Qun with English partner Dr. Martin Shoben Research Center of London fashion , Justyle designs and sells clothing menswear for the mass market of China. With charm and vision, Mr. Xu , who goes by the nickname " Runzhi " ( borrowed form Chairman Mao himself) , has raised $ 15 million in investments Zhixin Capital, Balderton Capital and DFJ .

The company has no physical or traditional e -commerce stores. Instead , every day on his Tmall shop Justyle grows a wide range of fashion basics such as jackets . Prices are low - about 100 RMB ($ 16) for a T- shirt or RMB 300 for a jacket - but the volumes are high, up to 50,000 units a bestseller . With about 300,000 frequent buyers Justyle had sales of $ 80 million in 2012 and an annual growth rate of 400 percent.
But this has not been easy for Justyle . When BoF met Mr. Xu Jiaxing , last winter , optimizing its supply chain is a major concern . Indeed, Justyle struggled to plan purchases of fabric and thread correctly to match the extent of consumer demand .

Citiz Angel (天使 之 城)

shop217225.taobao.com/
 In 2004 , the founder Li Jing , also known as Miss "A" left a job in an insurance company to launch a fashion boutique on Ebay , which quickly gained popularity. To avoid increasing costs Ebay , Jing moved the store to Taobao market and today 's women's fashion brand online Angel Citiz is one of the best interpreters of Taobao , and in 2010 and 2011 , was voted a favorite customers.

From 2006 to 2009 , sales of Angel Citiz increased steadily at a rate of 300 percent per year. The success came from the selection of boutique products - from Japan , Korea and Europe - which were otherwise difficult to find in China. Miss "A" also modeled all products Angel Citiz itself, which was not only profitable, but makes for a funky shopping experience and distinctive.

In 2012, Angel Citiz income reached $ 38 million , and in the search for greater growth , Miss "A" sold 80 percent of shares in the company for $ 16 million to Liebo , another another fashion industry successful online which began modestly on Taobao Marketplace. The company started with an initial investment of RMB 1000 ($ 163), has since gone on to raise venture capital funds Matrix Partners and Sequoia Capital , and now leads annual sales of 500 million RMB


http://ecommerce-china.blogspot.com

Yahoo, Softbank back Chinese e-commerce giant Alibaba in fallout

In the past year , as the graph above shows , has been Yahoo! ' s stock on a steady rise , from well under $ 20 to now just over $ 32 a share - the highest level in almost seven years. The company is now worth around $ 33,000,000,000th
So what is behind the new-found love ? Yahoo is basically still a bit player in search , with only 11.4 percent of the market. And according to Ad Age , changes in the advertising market and a shift of users on mobile devices to a 11 percent decrease in Yahoo! led ' s core business of selling large display ads.
Certainly the big, glamorous profile of Marissa Mayer CEO has contributed to Vogue to focus attention on the company.

History

The company also has a new design of high-traffic website. Meanwhile, it is muscular sports and financial sectors (Yahoo Sports is consistently near or at the top of sports sites such as Yahoo Finance for companies) have helped here , Yahoo! to top Google as most popular site in July. And that's not even counting the billions of page views nicked by the recent acquisition Tumblr.
Speaking of Tumblr, perhaps the purchase of a site with so much street cred among tech- savvy hipsters , the company increased the usefulness . There were also numerous reports about the change in culture at Yahoo, once seen as stodgiest the big tech companies. Another advantage could be that keep investors interested in the company to participate in Yahoo! Japan, the nation's most visited web - portal .
But no, the real reason for the interest in Yahoo has called to do with a Chinese e- commerce giant Alibaba. When Scott Kessler of Standard & Poor recently it's on Bloomberg News , "To be realistic, we think a large part of the profits and a lot of the interest in Yahoo shares are predicated on one thing , and that is Alibaba. " ....

What? Alibaba

A woman walks past a wall of advertising on Alibaba in Hangzhou , Zhejiang Province on 26 September 2013 start . ( Chance Chan / Reuters ) Investors have long pointed out that Yahoo! 's investments in Asia, especially its stake in Alibaba , which controls about 80 percent of e -commerce burgeoning Chinese market, a hidden source of value were . But it was never an easy way for the company to unlock that value , or for investors to understand exactly how much percentage Yahoo! is worth . Alibaba is a privately owned company in a country where financial transparency is rarely based . That's changed in the past year . In September last year, Yahoo and Alibaba made ​​a deal in which Yahoo received $ 7.6 billion half of its stake in Alibaba . The left Yahoo still have about 23 percent of the company. The cash from this deal was Yahoo! breathing space not only with shareholders - the company spent a large portion of the proceeds to buy back its own shares - but also make for the purchase of fast-growing companies like Tumblr. Both these trends are good news for the stock. The more speculation about Alibaba plans have increased the number of investors have been eager to invest in Yahoo as a way of gaining indirect exposure to a fast-growing company .



And this week it was revealed that Alibaba is planning an IPO in New York, which to the company as much as $ 75000000000 to stage could appreciate . After the shares start trading , it will be easy for investors to see how valuable Yahoo! 's remaining shares in the company.
Investors may want to curb some of their enthusiasm . Reports surfaced that the real reason Alibaba decided to work in the U.S. in Hong Kong list because the company's founders wanted to iron control instead of ceding too much to keep to the shareholders control. And the record of Chinese companies go public in the U.S. has not always been outstanding.
discover the Top popular website in China..

But now investors are enthusiastic. They are expressing their enthusiasm by the exclamation mark back in the shares of Yahoo! for the media-savvy makeover coming. Stay for the chance to participate in the huge head of the Chinese e -commerce industry

source http://www.edmontonjournal.com/business/Chinese+ecommerce+giant+Alibaba+slams+Hong+Kong+stock/8966275/story.html

Ecommerce war in China: JD.com will stop the corperation with Sina Weibo

Domestic jd.com online shopping platform will end cooperation with popular social network Sina Weibo services in the country by the end of September, and consumers will not be able to connect to the market through their Weibo accounts , e -commerce retailer said Sunday .



"Since our partnership with Sina Weibo will soon expire , we expect users to request Weibo accounts jd.com to continue their online shopping. Their previous purchase data will be stored in new accounts, " a PR representative JD who asked not to be named told the Global Times Sunday.
Analysts attributed the decision to JD recent agreements between Chinese e -commerce leader Alibaba Group and Sina Weibo . After the acquisition of a 18 per cent in the social networking service for $ 586 million on April 29 , Alibaba announced to link users Weibo accounts with both platforms for online sales - taobao.com and tmall.com of August 5
Because of its competitive relationship with Alibaba, JD is unlikely to continue its cooperation with Sina Weibo , Wang Tingting , an industry analyst with the consulting firm iResearch , told the Global Times Sunday. The move marks the intensification of the rivalry between the two platforms, e -commerce . Earlier in 2011 , JD stopped using Alipay, a third party payment service developed by Alibaba. Wang also gave another reason behind the movement of JD to cut its link with Weibo .
" Weibo is still working on a way for experienced business growth customer base or increase transactions operators e -commerce platform significantly . Consequently , JD could choose to terminate this cooperation low profit ", he noted , adding that JD still need about three years to make a profit.

The PR manager JD agreed that the number of consumers Sina Weibo gained is very low, suggesting that this transaction will have no impact on the future work of JD .
The company relies mainly on its own services and prices to attract consumers , rather than cooperation with social networking sites , the official said . JD currently has over 100 million users, he revealed.
But Wang said that the era of attracting consumers with low prices is over, and social networking sites are likely to become another important means of channeling potential consumer platforms e -commerce , if the effect is difficult to predict.

Rude competition

For the sake of data security against fierce competition, JD also severed its ties with third tenpay.com payment platform Tencent recently Shousong Chen , an analyst with independent e -commerce based in Beijing , told the global Times Sunday.
Shenzhen-based Tencent provides e-commerce services via buy.qq.com and yixun.com .

The data showed that iReseach Tmall led the field of e -commerce with a share of 50.8 percent of the domestic online purchase transactions in the second quarter , followed by JD with 17.1 percent and 5 6 percent with Tencent .

JD said in a statement e-mailed to the Global Times Sunday that the decision to end cooperation with tenpay.com not affect the payments that buyers could end processes through other channels , such as online banking .

Chinese moon cake festival 

As China gears up to the Mid -Autumn Festival on the 19th Celebrate September , President Xi Jinping recent raid on the official spending on extravagant mooncakes makes international headlines .
The crackdown on the boxes of these traditional treats that can run from a few hundred dollars per box in the thousands, is part of the newly minted president overall strategy to curb corruption in the ranks to command government .



Although mooncakes as a harmless gift seems to be in China, they are largely seen as instruments of graft , part of a gift culture that lines the pockets of officials in return for favors . Boxes of mooncakes are often re - gifted, or returned to a business in exchange for cash, while high-end mooncake boxes , the magnificent approach . Last year , the state-run Xinhua news agency on buying a house in the popular Wangfujing shopping area selling crates of solid gold mooncakes for 42.900 yen each , a price that translates to 429 grams per yen.

What does the raid for the mooncake market mean? 

That depends on which end of the market is under review. " The average person is not buying China World Hotel , they buy in the supermarket ," says Beijing -based Sienna parulis - cook, her dissertation for the University of London School of Oriental and African Studies wrote on mooncakes and the culture of gift giving in China . Manufacturers mooncake as Daoxiangcun , a popular , time-honored mooncake brand in supermarkets across the country in retail for ¥  48-260 per box or Haagen- Dazs , the ice cream filled cakes sell for a few hundred dollars per box , appeal private buyers who are looking to treat friends or family to a gift and is likely to be affected in a cultural tradition and are not much of the raid , she says.


At the Peninsula Hotel in Beijing , this year's moon cake sales " similar " to those of the previous year , says public affairs director , Cathie Yang . Yang says the peninsula , most of the mooncake customers are companies from all pre-ordered will sell 5,460 boxes, which cost between ¥ 308-980 each . The predicted total of 490 boxes is short of last year's sales. But the peninsula mooncake prices are solidly middle class. " It is the five-star hotels that were in the total expenditures made," says parulis - Cook. " The luxury ones are facing the greatest challenge .

 High -end retailers mooncake

High -end retailers mooncake the pinch more immediately feel and longer-term than their mid-range counterparts , she says , noting that the most is the upper class mooncake retailers hawking expensive , elaborate boxes that obvious cases of conspicuous consumption are be . Since the beginning of the crackdown on corruption this year, hotels around Beijing were losing money due to the loss of official spending on luxurious banquets, an indicator for what lays in store for probably mooncake sales , she says. " Banquet is another form of giving. Hotels If all money lost by official editions , I am sure that they lose money on their mooncake sales, too."


The long-term effects of the ongoing corruption crackdown on the mooncake market reflect a major change in the way the rich consume luxury goods in China, said Shaun Rein, founder of the China Market Research, a Shanghai-based consulting company that focuses on the buying habits of the wealthy class of China .

•  " The culture of giving is still there ," he says.
•  "They are just giving different kinds of gifts . " 
•  "Every gift looks mooncakes as corrupt . " Instead, market trends on items that are used or consumed at home and are not as easy to move judge at a glance , such as massage chair , or dietary supplements, he says. And the flow goes in both directions. 

Be investigated as officials for graft fear will continue to give or acceptance of bribes suspected moved the culture of gift-giving from striking objects , such as Louis Vuitton bags or gold foil wrapped mooncake boxes. " Mooncakes are obvious ," says Rein.



When the officers are increasingly paralyzed in ceremony favors at will , are those who .

Favors for hedging their bets with less expensive gifts " A few years ago , when someone has a 5000 yen clock , it was almost quid pro quo , the official could help with something," says Rein. " Well, if you give a gift , it's only 1000 yen , because they know not the official may be able to help them now. "

The influence of the Internet and Social Media in China 

You might know 90% of professional buyers begin their search on the internet. There are a total of 3.47 million requests every minute on Baidu.
There are several search engine in China, but Baidu is the leading search engine in the Chinese Internet.

It is also ranked 5th in the world (http://www.alexa.com/topsites/global). Knowing facebook and twitter blocked by the great firewall, China had Weibo 微 博 (470 million Tencent Weibo 腾讯 微 博 accounts, 400 million Sina Weibo 新浪 微 博 accounts) and RenRen 人人 网 or 校内 网 (with 162 million accounts) in 2012.

 Weibo

44% of users use Weibo to receive information about products, and almost every major foreign company has a page on Weibo. A McKinsey survey of April 2013 shows that 91% of respondents visited a social media, compared to 67% in the U.S.. And it is proved that social media is very important in the buying process: In fact, you would be more likely to buy something if it has a good reputation on social media, or some of her friends talked about it on a social media. In addition, two-thirds of China's social media users follow a brand We have been in the recent news that Sina Weibo will notice a new version on the market recently, where you can walk to the shopping platform Taobao on a Weibo account. You can see the prices, the popularity of an article, share it with your friends, and even pay online.