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August 10, 2014

Biggest Ecommerce Internet properties in China :Led by Tmal and JD, Amazon a distant 5th




According to Chinese news site Jing daily ,Tmall  has emerged as the biggest online shopping portal  as China's total ecommerce shopping revenue hit 181.92 billion yuan (US$29 billion) in the first quarter of 2014, marking year-on-year growth of 44% The B2C sector  has been growing  than C2C (consumer-to-consumer) sites, which grew by 18.3% according to Chinese research company iResearch.
The leaders and Laggards in terms  revenues( excluding Taobao )

  • Alibaba’s behemoth Tmall tops the chart by sizable margin with 50.55 percent of market share by revenue, 
  •  JD.com comes in second with nearly a quarter (23.28 percent) of the total market. The next three runner-ups, VIP.com, Yixun.com,
  •  Amazon lag far behind, with between 2 and 3 percent eachincludes business-to-business (B2B) transactions, the top 3  Chinese business-to-consumer (B2C) sites