Archive for the 'alibaba' Category
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06.22.08
Internet in China: online shoppers spend 2.3 billion U.S. dollars in 1st half of 2008
"Online Chinese shoppers spent 16.2 billion yuan (2.3 billion U.S. dollars) in 19 major cities in the first half of 2008, China Internet Network Information Center (CNNIC) said on recently. The findings were based on a survey carried out in four municipalities directly under the central government -- Beijing, Shanghai, Tianjin and Chongqing -- and 15 developed cities such as Changchun, Dalian, Nanjing, Hangzhou, Jinan and Guangzhou, among others..." read on
posted in beijing, alibaba, taobao, market, shanghai, china, e-commerce, consumer behavior, trends, information technology, internet -
11.08.07
Internet in China: Alibaba.com largest IPO since Google went public
"Alibaba.com, the largest business-to-business portal in China underwent its first day of public share trading in Honk Kong, and the results exceeded all expectations, as the price tripled, raising $1.5 billion. The public offering is expected to raise nearly $2 billion in Hong Kong, making its debut offering as large as Google’s 2004 I.P.O. in the United States. "We are pleased to welcome investors from Hong Kong and around the world to join us in building a world-class e-commerce company," said Jack Ma, non-executive chairman of the company and chairman and chief executive officer of Alibaba Group..." read on
posted in google, alibaba, taobao, united states, market, hong kong, trade, e-commerce, economics, wealth, information technology, china, internet -
11.11.06
e-Commerce in China: numbers and trends
"China could become the world's biggest online market within two years: the number of Chinese netizens has surpassed 123 million and number of people with access to broadband connection rose by 45.3 percent during the first half of the year to 77 million. Studies show that a typical Chinese consumer spends an average of 17.9 hours per month (36 min./day) engaged in popular online activities such as chatting, blogging, gaming, and shopping." read on
posted in alibaba, interaction, research, taobao, market, china, information technology, economics, e-commerce, consumer behavior, trends, internet
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