Archive for August 2014
70 percent of online shoppers use their personal computers in China
Profil of online shoppers in China !
70 percent of online shoppers use their personal computersin China to shop online, 60 percent use their smartphones and computers by 30 percent the use of the tablet, with a trend toward greater use smartphone.With speeds and faster increasingly catering to mobile users mobile websites, it becomes increasingly easy to use smartphone whenever and wherever you want. In time, with more innovation, disadvantages such as small screen sizes and poor connections will be corrected by improving the user interfaces and investment in infrastructure for the mobile Internet.
55 percent of smartphone users in China have made a mobile payment
Despite these difficulties, the use of phones for online shopping is already popular in China; about 55 percent of smartphone users in China have made a mobile payment, while the equivalent figure in the United States is only 12 percent. This highlights the importance of facilitating access to online stores for smartphone users. The primary form of payment for online shopping in China has changed over time. Previously cash on delivery was the preferred means of payment, but this has changed for automated online payments. About 70 percent of payments are now electronic, a reversal from five years ago, when about 70 percent of payments were in cash on delivery.
Payment system in China
The Chinese government has granted more than 200 licenses allowing companies to implement electronic payment systems, but the market is dominated by four major players - Alipay, TenPay, Union Pay and 99bill combined represent 85.5 percent of the market electronic money in China.Overall, the survey found that consumers in China are more partial to shopping online, especially through their smartphones. All age groups displayed great confidence in the investigation of platforms.The online found that people age, their online spending increases on average by a point. While men were found to spend more on individual purchases, women spend more of their overall online shopping. Finally, the report notes a shift from cash on delivery payments towards the use of online payments.
Tag :
Chinese shoppers,
Ecommerce China
News about Ecommerce in 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
