Tag Archives: e-commerce

e-Commerce in China: online sales boomed in 2009

Online sales in China almost doubled in the first nine months of last year, official data showed recently, as China becomes more switched on and the younger generation of shoppers bare more confident in Internet shopping [...]
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e-Commerce in China: Online Market Flourishes

The New York Times has just published an article on Taobao fever [...]
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Internet in China: ban on use of virtual money for real goods trading

China has unveiled the first official regulation, banning the use of virtual currency in trade of real goods and services to limit its possible impact on the nation's real financial system [...]
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Information Technology in China: software industry maintained rapid growth in 2008

In spite of the impact of the international financial crisis, China's software industry has maintained a growth rate of over 20 percent since the second half of 2008, making it one of the fastest growing industries [...]
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e-Commerce in China: online shopping totals over 14 billion US dollars in 2008

The annual trade volume of China's online shopping market in 2008 surpassed the amount of 100 billion yuan (over 14 billion US dollars) for the first time, totaling 120 billion yuan, up by 128.5 percent year on year. Compared with the previous year, the growth rate rose by nearly 40 percentage points. The data come from the '2008 China Online Shopping Research Report' , jointly published by iResearch Consulting Group, a domestic polling organization, and taobao.com. The report also shows that, in 2008, the number of registered online shoppers in China increased by 185 percent from the previous year, reaching 120 million customers...
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Internet in China: blogs exceed 100 million

China-based blogs total 107 million, with more than 42 percent of netizens running a blog, a senior information official said here on recently. Cai Mingzhao, deputy director of the Chinese State Council Information Office, made the comment at the 2nd U.S.-China Internet Industry Forum. The number of blogs was about 40 million just a year ago [...]
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Internet in China: Alibaba to invest over 730 million US dollars in online auction unit

Taobao, the online auction unit of China's e-commerce giant Alibaba Group, announced the parent company would invest in it 5 billion yuan (732 million U.S. dollars) over the next five years. Taobao president Lu Zhaoxi said the investment showed its confidence in the long-term Internet development and economic growth in China [...]
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Internet in China: Overview of the Chinese Internet Market

In the Olympic spirit, TrendSpotting has drilled down on the dynamics of the Internet in China in a new report entitled 'Handbook of Online China'. The report focuses on three key themes - China as an online leader, the competitive landscape, and business in online China - that are key indicators of the ongoing development of the dynamic Internet market in China [...]
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e-Commerce in China: dot-com economy grew over 60 percent year on year in the second quarter/2008

China's dot-com economy grew nearly 63 percent year on year in the second quarter, despite increasing inflation and the effects of the Sichuan earthquake, a Shanghai-based research firm reported recently. Revenue generated by China's online search, game and travel providers reached 13.32 billion yuan (US$1.94 billion) in the April-to-June period, iResearch said...
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Internet in China: Chinese market overtakes U.S. as top Web market

China has surpassed the United States to become the world's largest Internet market by number of users, a research firm said on recently. The estimate by Beijing-based BDA was based on data from China Internet Network Information Center (CNNIC) which indicated that the country's Internet users totaled 210 million at end-2007. Nielsen/NetRatings put the United States Web population at 216 million for the same period, BDA said [...]
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