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Showing posts with label Online nline sopoingn n. Show all posts
Showing posts with label Online nline sopoingn n. Show all posts

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