Posts Tagged: ecommerce in China


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Alibaba’s profit doubles to $1.36 billion in Q4 ahead of long-awaited IPO

The Chinese ecommerce juggernaut pulled in US$3.06 in revenue in Q4 2013, which is up 66 percent on the same period a year before.

  • April 16, 2014
  • at 10:44 am
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Alibaba puts itself on the map, buys Autonavi in $1.5 billion deal

Alibaba puts itself on the map, buys Autonavi in $1.5 billion deal

Today Autonavi confirmed it has accepted the Alibaba deal for that acquisition price, pending the approval of shareholders.

  • April 11, 2014
  • at 11:46 pm
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China's mobile commerce spending to surpass $50 billion in 2014, nearly double last year's total

China’s mobile commerce spending to surpass $50 billion in 2014, nearly double last year’s total (INFOGRAPHIC)

We know that China’s ecommerce market is set to see $274.5 billion in spending in 2014, but how much of that will be done from mobile ...

  • April 3, 2014
  • at 11:34 am
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Tencent invests in a mobile commerce site for low-income feature phone owners

Chinese mobile commerce retailer Maimaibao announced it received an undisclosed amount of funding led by Tencent and followed by MediaTek ...

  • March 19, 2014
  • at 2:00 pm
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Asia online shopping spending 2014 and 2015

These numbers from Asia’s half-trillion dollar ecommerce market will blow your mind (INFOGRAPHIC)

Take the world’s most populous continent and combine it with one of the best things about the internet and you have a recipe for huge ...

  • March 12, 2014
  • at 4:24 pm
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You can now pay for your coffee inside WeChat as brands get permission to do purchases in the app

Starting today, Chinese consumers will be able to buy almost anything inside WeChat

WeChat, the popular messaging app made by Tencent, is pushing even further into mobile commerce territory. Today Tencent (HKG:0700) added su...

  • March 5, 2014
  • at 1:36 pm
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China ecommerce

New regulations force China’s e-stores to offer hassle-free, 7-day product returns

All e-commerce sites operating in China must soon offer hassle-free seven-day product returns to their customers. This new regulation from C...

  • February 18, 2014
  • at 2:16 pm
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VIPShop pays $112 million for controlling stake in cosmetics e-store

VIPShop pays $112 million for controlling stake in cosmetics e-store

Chinese flash sales site VIPShop (NYSE:VIPS) has paid $112.5 million in cash to acquire a majority stake of cosmetics e-store Lafaso. The de...

  • February 14, 2014
  • at 5:11 pm
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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

China’s second biggest e-store files for US IPO, aims to raise up to $1.5 billion

After years of speculation, one of China’s top e-stores, JD, has filed to list publicly in the US. According to JD’s filing with...

  • January 30, 2014
  • at 11:33 pm
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China, Jumei make-up daily deals

China’s daily deals sector gets a boost as one site seeks to raise $400 million in US IPO

China’s daily deals industry is worth about US10 billion per year – and that makes the risky and highly fragmented sector worth fighting...

  • April 14, 2014
  • at 11:20 am
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Chinese wine estore Jiuxian uncorks $70 million in funding

Chinese wine estore cracks open a bottle of bubbly to celebrate nearly $70 million in funding

Jiuxian, arguably China’s top wine-specialist ecommerce site, has revealed it has secured RMB 420 million – that’s US$69 m...

  • April 4, 2014
  • at 8:57 am
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Alibaba invests $692 million in Chinese department store chain to fuse offline and online shopping

Alibaba invests $692 million in Chinese department store chain to fuse offline and online shopping

China’s biggest ecommerce company is fusing online shopping with good, old-fashioned brick-and-mortar retailing. Today, Alibaba announced ...

  • March 31, 2014
  • at 11:36 am
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Alibaba issues statement, set to IPO in New York

A statement issued by Alibaba today confirms that the ecommerce company will not go public in Hong Kong. Rather it is in process to IPO in t...

  • March 16, 2014
  • at 3:49 pm
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david goliath paipai

After JD deal, a little-known online marketplace could be Tencent’s secret weapon against Alibaba

Many analysts view Tencent’s new 15 percent stake in China’s largest B2C marketplace JD (a.k.a. Jingdong) as a landmark move i...

  • March 11, 2014
  • at 9:00 am
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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Will Tencent buy a stake in China’s second-largest e-store? So far, signs point to yes

Amid swirling rumors that Tencent (HKG:0700) is keen to boost its flagging e-commerce operations by taking a stake in the Amazon-esque JD, t...

  • February 27, 2014
  • at 7:30 pm
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Jumei US IPO plan

Here comes the first daily deals site from China to seek a US IPO

China’s daily deals market is huge, but it’s even more fragmented and risky as a business than the country’s cut-throat e-...

  • February 14, 2014
  • at 8:28 pm
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Alibaba wants to acquire all of Autonavi

Alibaba offers a premium to acquire 100% of online mapping company Autonavi

E-commerce titan Alibaba forked out $294 million to take a 28 percent stake in Autonavi (NASDAQ:AMAP) in May last year. Today, in a letter t...

  • February 10, 2014
  • at 10:30 pm
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JD acquires HotelVP

Chinese e-commerce giant JD boosts travel offerings with acquisition of hotel booking app

Chinese e-commerce company JD – the closest rival to Alibaba’s Tmall in China – has acquired a startup company to boost it...

  • January 23, 2014
  • at 5:29 pm
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