China’s overseas online shopping market to reach 130 billion RMB in 2014 November 7, 2014 by Julia Q.Zhu 0 comments 2985 viewson Cross-border E-commerce, Data, E-Commerce China’s overseas online shopping market has been growing exponentially with an annual average growth rate of 81% from 2008-2013. In 2013, the transaction value totaled RMB 80.62 billion yuan, 75% up from 2012. This trend is expected to continue in 2014 and reach close to RMB 130 billion yuan. By Cindy L.
Clothing, footwear and accessories online transactions to reach $100 billion in 2014 October 1, 2014 by Julia Q.Zhu 0 comments 2571 viewson Data, E-Commerce Apparel, footwear and accessories are the most popular product categories among Chinese online shoppers. Last year, over 23% of Chinese purchased these products online. The online retail transactions of apparel, footwear and accessories totaled $71 billion in 2013 – with a year-to-year growth of 42.6% – and are expected to reach $100 billion in 2014. …
Alibaba Dominates Mobile Commerce in Q2 2014 September 5, 2014 by Julia Q.Zhu 0 comments 3263 viewson Alibaba, Data, Mobile Commerce Alibaba dominated China’s mobile commerce landscape despite facing fierce competition from its rivals Tencent and JD. In Q2 2014, its Taobao and Tmall marketplaces accounted for 84.2% of total m-commerce transactions, while JD accounted for 5.3% of transaction share. Fashion flash sale e-tailor Vipshop came in third place, accounting for 2% of transaction share.Ahead of …
Going “E-Direct” Cross-Border China E-Commerce Strategies August 20, 2014 by Julia Q.Zhu 0 comments 1984 viewson Alibaba, Cross-border E-commerce, E-Commerce, Insights, Strategy Australian small business owners can now sell directly in China using e-commerce without holding any inventory within China, hiring local staff, or even establishing a local Chinese entity. This is the result of a new arrangement between Australia Post and Alibaba’s Tmall Global. Australia Post is helping to facilitate e-commerce sales of products such as …
Latest Data Reveals China Experiencing Online Retail Renaissance August 6, 2014 by Julia Q.Zhu 0 comments 1866 viewson E-Commerce, Insights New data released by China’s National Bureau of Statistics (NBS) reveals that China is currently undergoing an e-commerce retail renaissance. According to figures released by NBS, retail sales grew 12.1% year-on-year for the period January-June. H1 2014 retail sales totaled 12.42 trillion RMB ($2.02 trillion). More interesting for our readers is the fact that online retails sales are …
How to Build Trust with China’s Digital Consumers July 16, 2014 by Julia Q.Zhu 0 comments 2040 viewson E-Commerce, Featured, Strategy Observer Solutions’ Founder, Julia Q. Zhu, was invited to speak at the prestigious Global E-commerce Summit 2014. She spoke about how to win Chinese consumers through e-commerce. Contact us to get a copy of the presentation and you will learn: Key figures on China e-commerce market and consumers What makes China’s e-commerce market unique How to determine the …
Alibaba IPO benefits Western brands. Here is why. June 18, 2014 by Julia Q.Zhu 0 comments 1161 viewson E-Commerce, Insights Western retailers and brands who are looking for market access to Chinese shoppers could potentially benefit from Alibaba’s IPO in the US..Here is why. Alibaba has approximately 500 million registered users, including 60 million daily visitors on its Taobao marketplace by June 2013. The company now is eager to open its extensive user base to …
Ranking: Who are China’s Top 10 Retailers? June 11, 2014 by Julia Q.Zhu 0 comments 2242 viewson E-Commerce, Insights The 9th China Retailer Conference released the latest ranking of China’s Top 100 retailers in 2013. Tmall, the largest online retail marketplace, beat all traditional retail giants and took first place. Compared to the ranking in 2012, Tmall surpasses Suning Appliance for the first time and leaps to first place with turnover of 347 billion …
What Do Chinese Buy Online – Popular Online Shopping Categories in China 2013 June 6, 2014 by Julia Q.Zhu 0 comments 3926 viewson Consumer Behavior, Data, E-Commerce By Cindy L. Apparel, footwear and accessories are the most popular products among Chinese online shoppers, nearly 76% of whom purchasing these products online in 2013. The second and third most popular product categories are household supplies and computers, digital products and accessories – over 40% of Chinese online shoppers would go online to buy …
China Retail E-commerce Sales Reached $73 billion in 2014 Q1, Up 27.6 Percent Y-o-Y June 4, 2014 by Julia Q.Zhu 0 comments 1667 viewson E-Commerce, Insights, Mobile Commerce In Q1 2014, the Chinese retail e-commerce sector continued to grow at a double-digit pace – up 27.6 percent year-on-year to $73 billion in transaction value. E-commerce spending on mobile end increased 140.8% year-on-year to $10.3 billion, accounting for 14.1% of the total retail e-commerce sales in the first quarter. Observer Solutions believes that mobile commerce will continue to grow at …
