Posts Tagged: ecommerce in China


JD boosted by WeChat, sees $10 billion in consumer sales in Q2

JD gets online shopping boost from WeChat, sees $10 billion in consumer sales in Q2

JD, China’s second biggest ecommerce company, saw RMB63.0 billion (US$10.2 billion) in consumer sales in Q2 2014, the firm revealed today.

  • August 15, 2014
  • at 6:21 pm
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chinese money renminbi rmb currency

Ganji gets $200 million funding as China’s online classifieds battle heats up

The recent IPO of China’s top online classifieds site has sparked new competition in this very unsexy sector.

  • August 13, 2014
  • at 10:48 am
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Alibaba has a second attempt at making a social network

Alibaba has a second attempt at making a social network

Ecommerce titan Alibaba has a new social network. It’s a sort of Instagram that’s based around tagging brand names that appear in your p...

  • July 21, 2014
  • at 7:08 pm
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This new startup touts uber-cool fashion designs for China’s hippest hipsters

Companies like Fab and Fancy carry the torch for US-based startups that turn a designer’s eye towards traditional ecommerce, but wha...

  • July 16, 2014
  • at 11:00 am
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Tencent pays $736 million to take 20% stake in 58.com, China's answer to Craigslist

Tencent pays $736 million to take 20% stake in 58.com, China’s answer to Craigslist

Tencent announced today that it’s paying US$736 million for a 19.9 percent stake in 58.com, which is China’s answer to Craigslist.

  • June 27, 2014
  • at 10:30 pm
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A Tesla road-trip? A cruise? China’s JD gets more creative with online travel bookings

A Tesla road-trip? A cruise? China’s JD gets more creative with online travel bookings

A month after raising $1.78 billion in its massive US IPO, Chinese ecommerce site JD is today totally revamping and relaunching its online t...

  • June 24, 2014
  • at 6:17 pm
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Who’s China’s top retailer? It’s actually an ecommerce site that doesn’t own a single store

Who’s China’s top retailer? It’s actually an ecommerce site that doesn’t own a single store

Alibaba’s Tmall, China’s largest online retail marketplace, beat all traditional retail giants to head a new list of China’s top retai...

  • June 6, 2014
  • at 3:16 pm
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Now anyone can set up a store inside WeChat

Top Chinese messaging app makes big ecommerce leap with opening of WeChat stores

WeChat is taking its ecommerce ambitions one big step forward today by allowing anyone to set up a store inside WeChat.

  • May 29, 2014
  • at 6:35 pm
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Alibaba rival JD set for US IPO today, prices shares at $19 to raise $1.78 billion

Alibaba rival JD set for US IPO today, prices shares at $19 to raise $1.78 billion

JD goes public today upon opening of Thursday’s trading. The company has just priced its shares at $19 each, which is above the initial $1...

  • May 22, 2014
  • at 12:06 pm
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China's new baby boom is a chance for ecommerce startups

2 kids estores in China get funding ahead of new baby boom

An estimated 16 million babies are born each year in China. Two million extra are on the way with China's relaxed one-child policy.

  • August 15, 2014
  • at 4:20 pm
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Luxury estore gets $100M funding to attack China’s big-bucks couture fashion market

Luxury estore gets $100M funding to attack China’s big-bucks couture fashion market

Consumers in China will account for about 20 percent of global luxury sales in 2015 - that's worth US$29.1 billion.

  • August 5, 2014
  • at 11:29 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 (Updated: shareholders approve)

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

  • July 16, 2014
  • at 7:15 pm
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China ecommerce

The power of women in China’s booming ecommerce market

In China, there are more male online shoppers than female online shoppers. However, women are the ones really shaping the thriving Chinese e...

  • July 11, 2014
  • at 11:25 am
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Alibaba picks NYSE for IPO

Alibaba chooses New York Stock Exchange, not NASDAQ, for IPO

Ecommerce titan Alibaba has confirmed that it’s choosing the New York Stock Exchange (NYSE) for its upcoming IPO.

  • June 27, 2014
  • at 10:36 am
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Alibaba issues new IPO filing, reveals people spent $272 billion on Taobao and Tmall in past year

Alibaba issues new IPO filing, reveals people spent $272 billion on Taobao and Tmall in past year

China’s ecommerce titan Alibaba filed new information with the SEC overnight. It includes details about spending and growth on its two mai...

  • June 17, 2014
  • at 11:02 am
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luxury ecommerce sales in China include a rare Maserati

Flash sales site in China looks for a luxury boost from a rare Maserati

Chinese luxury flash sales website Glamour Sales has teamed up with Italian auto-maker Maserati to sell a special edition car online.

  • June 5, 2014
  • at 8:29 pm
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JD boosted by WeChat, sees $10 billion in consumer sales in Q2

JD floats on stock market higher than expected in China’s biggest ever ecommerce IPO

Chinese estore JD (NASDAQ:JD) hit stock markets moments ago. After initially pricing its shares at $19 earlier today, the stock actually deb...

  • May 22, 2014
  • at 11:11 pm
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ecommerce spending in China, Q1 2014

As world awaits Alibaba IPO, China’s ecommerce spending grows to $74 billion in Q1

New figures out today show that spending on China’s ecommerce sites keeps growing, hitting a grand total of RMB 446.44 billion (US$74.03 b...

  • May 20, 2014
  • at 11:19 am
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