Gome

That’s doubled from two years ago.

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 billion) in Q1 2014.

China’s e-shoppers now number over 240 million, who collectively spend an average of $40,000 per second. But the nation’s e-commerce boom is far from hitting its peak. New statistics from

China’s biggest brick-and-mortar retailer of home electronics and gadgets has made a new move to embrace e-commerce today. Gome (HKG:0493) has launched a virtual storefront on Tmall, China’s top e-store

UPDATE: MIIT’s spokesperson said that Gome and Suning’s operational models meet the requirements for virtual telecom operator licenses, not that they had been actually granted provisional licenses. I apologize for

Recently, China’s Ministry of Industry and Information Technology (MIIT) announced a plan to permit telecom companies to lease out their networks to virtual telecom operators, opening the doors to the

For those of you who were still in holiday mode during the past week, we’ve done our best to keep tabs on what was happening in the China tech space.

With a nation full of “little emperors” needing clothing and pampering, specialist babycare e-commerce sites are huge business on the Chinese web. And that’s motivation enough for retailer Gome (HKG:0493)

Chinese electronics retailer Gome (HKG:0493) has something of an odd e-commerce strategy, with its online interests represented both by its own Gome.com.cn site and its ownership of the Amazon-esque Coo8.com.

When 360Buy CEO Liu Qiangdong kicked off a price war in China’s e-commerce sector, he probably didn’t expect things to go quite as far as they did. But thanks in