The success of Taobao on the Chinese Internet
How have Taobao on the Chinese internet evolved compared with its Western counterparts? In many ways, the Great Firewall has allowed China to develop unique applications, and not equivalent versions, of the biggest online platforms the West enjoys. Just as Baidu (百度) is not China’s Google, nor is Tencent (腾讯) China’s Facebook, their similarities are […]
Online survey: Payment methods are increasing in variety in China
Online survey: Payment methods are increasing in variety in China With rapidly increasing popularity of e-commerce and online shopping market in China, payment methods are becoming more diverse. Traditionally, Chinese customers prefer Cash on Delivery or COD method, which allows controlling the quality of a product before payment is made. Credit cards are not popular […]
Online Shopping Industry in China
Online retailing in China is going through a period of exceptional boom. Regardless of world economic condition, online retailing in China has experienced an explosive growth. Customers appreciate online price advantages over offline stores and love purchasing online. The number of online buyers reached 310 million by the end of 2013, quadrupled from the figure […]
Taobao, Tmall and the online market in China (1/2)
China’s Ecommerce revolution has effectively changed the way Chinese shop, retail stores sell, and how business is conducted. It has further given rise to new entrepreneurs and new businesses which are largely supported by the E-commerce engine. Consider that Alibaba Group, owner of the largest ecommerce web sites as Taobao and Tmall has a value […]