Posted on 22 November 2012.
Commonly perceived as the Twitter of China, Sina Weibo has recently reached the 400 million user mark, receiving praise from abroad and contributing almost single-handedly to the rise of the information age in China. Yet this milestone notably lacks the “active user” label on the equation and their quarterly financial report is lacking in luster to…
Posted on 15 November 2012.
Smuggling goods from Hong Kong to the Chinese Mainland has been a common occurrence for years. The nature of tax differences between the two “systems” makes it an attractive way to make money, and in recent years due to a soaring demand for luxury products and electronics, it has become common to smuggle Apple products across the…
Posted on 12 November 2012.
Consumption in China may outdo the US this year, at least in e-commerce. Alibaba and its two platforms Taobao and Tmall are raking in cash from yesterday’s “Single’s Day” sales event, which some predict will overtake America’s Cyber Monday when it occurs later this month. Originally a day to celebrate being single on November 11th,…
Posted on 02 November 2012.
Ebay has decided to take another shot at the Chinese consumer market this week partnering with luxury goods site Xiu.com, who will be representing them in their next great foray into China. Xiu will be handling all their listings, payments, shipping, customer service and regulatory concerns as they sell luxury American brands at a discounted…
Posted on 27 September 2012.
With approximately 70% share of the market and 500 million registered users, the go-to online retailer fir Chinese is not Amazon or eBay, but rather Alibaba‘s services Taobao and Tmall, two online platforms for C2C and B2C respectively that have captured China’s e-commerce market and contributed greatly to its online infrastructure and retail markets. Many in the…
Posted on 08 June 2012.
E-Commerce and the e-tailing scene in China is exploding, expanding new horizons for luxury goods. Taobao Marketplace, an e-commerce site online owned by Alibaba, is reporting a 100% increase in sales yearly over a range of high-end and luxury goods (via Jing Daily). E-Commerce is helping to contribute to the overall growth of Chinese luxury…
Posted on 13 May 2012.
In a panel on cross-platform monetization strategies led by Zhang Peng, Chief Editor of Business Value Magazine, five panelists from diverse companies provided insight on the mega-trends and importance of cross-platform strategies that are taking place in the realm of mobile business. Wang Yulin, EVP, iFeng.com – Mobile Internet is certainly the major trend of…
Posted on 05 December 2011.
Birth of Lashou Mall Just last week, we discussed the tipping point of the Chinese group buying market, and how firms have to diversify out of pure group buying models to survive. News has it that Lashou, one of the top 10 group buying sites in China, will be launching ‘Lashou Mall’ this week. The…
Posted on 14 November 2011.
NewsWrap brings you the latest today in Tech News from China and the world at large. Today we look at Taobao’s sales on 11/11/11, the anti-monopoly investigations against China Telecom and China Unicom, VANCL’s December IPO, PC Industry’s growth in India, and the iPhone 4S’s release in Hong Kong. Taobao 11/11/11: Incredible Sales Amid Reports of Manipulated…
Posted in Gadgets, Industry Leaders, Internet, Mobile
Mobile Internet news from China and the world