Strategies of China online group buying websites
Past four years from 2010 to 2013 have witnessed tremendous changes happening in China online group buying industry. Market player number shrinks from above 5000 to 213 from 2011 to 2013. Previous market leader Lashou significantly lost its competitive edge within one year. Contrarily, Meituan stood out in the race, with 42.6% market share ranked […]
ZTE and Houston Rockets collaborate to gain position on their respective markets
ZTE (Zhong Xing) Corporation is one of the worldwide leader manufacturers of communications devices and network solutions from China. Created in the beginning of the 1980’s, ZTE is registered on the Hong Kong stock exchanges as well as on the Shenzhen stock exchanges. It is the biggest China based telecom equipment society registered and one […]
Infant formula in China
The market size of infant formula in China is growing In 2013 China is the global leading country with $12.93 million and still has enormous market growth. Indeed, the market of infant formula in China is supposed to gain up to $20.72 million in 2016. Still the infant formula market has to struggle with many […]
What are the differences between Chinese and Western consumers for luxury goods?
A substantial growth in China’s luxyry goods market mainly thanks to young consumers China is the second largest country in terms of luxury goods consumption after Japan. By March 2011, the total amount of its consumption has reached 107 billion U.S dollars, accounting for 27.5% of the global luxury goods market. It seems that the […]
European Commission invited Stephane Grand to discuss about doing business in China
To prepare the visit of Xi Jinping and the negotiation with Chinese partners at the end of March 2014, the European Commission invited Stephane Grand to discuss with commission members. The founder and associate director of China-based financial and accounting firm SJ Grand has discussed with the members of the commission, including president Jose Manuel Barroso, […]
What are the key drivers to success on Chinese B2C Market? (2/2)
Tmall VS. Shangpin Tmall Tmall, spun off from Taobao into a separate business in 2012, is the largest B2C e-commerce platform in China. The site stocks over 70,000 Chinese and international brands and sells almost everything from socks to laptops. According to the Alibaba Group, Tmall’s gross merchandise value exceeded 100 billion RMB in 2011 […]
What are the key drivers to success on Chinese B2C Market? (1/2)
Few technologies have impacted China as profoundly as the Internet, which has changed almost every aspect of our lives, including the way we communicate with each other, how we keep track of our finances, how we do research, and even where and how we buy things. E-commerce has been growing steadily every year in breadth […]
The failure of eBay on the Chinese Internet
EBay entered into the China market in 2002 by acquiring EachNet, a leading auction site in China and was successful in capturing a considerable share of the Chinese e-commerce market. However, even if the company modelled its Chinese site on the lines of its globally successful site, eBay failed to attract significantly the Chinese consumers . eBay […]
The new approach of Chinese investors in Africa
Since the development of the commercial and diplomatic relation between China and African countries, many Chinese companies are willing to extend their business to this continent. While the first Chinese aim in Africa was to harvest natural resources such as mining, there are more and more companies looking at these countries as a prospecting market […]
Nursing home market (2/2)
The elderly population in China is steadily growing and the demand for nursing home is increasing as well. What is the future and opportunities for the nursing home market in China? Future and opportunities In urban areas, the one-child policy will play an important role. The parents of the first one-child policy generation – suppose […]
Nursing home in China (1/2)
With one-fifth of the world’s elderly living in China, the country having the largest absolute number of senior citizens in the world has become the center of attention in the world nursing home industry. This relatively untapped, unregulated and unsaturated infant industry in China is currently facing both great opportunities and risks. The demographic situation enable […]
Healthcare market in China
A behavioural change which lead to the growth of Healthcare market in China China’s healthcare development is far slower than China’s economic growth. In 2010, China’s health expenditure accounted for 5.1% of overall GDP, while the world’s average was 6.4% and the developed countries’ average is up to 8%. China ranked 149 in the world. […]