What is the first marketplace launched in China?
DangDang.com (当当网) is one of the oldest e-commerce platforms launched in 1999. The platform started as an online bookselling website. Taobao lauched in 2003, JD.com in 2004 and Suning lauched its e-commerce platform later, in 2013.
What platform used to be named 360buy?
In 2013, 360buy.com changed its name into JD.com, with JD as the abbreviation of Jingdong.
Which platform is best known for its very low prices?
Pinduoduo’s app is specialized in bulk or grouped purchases at very low prices. VIP.com specializes more in flash sales, Xiaohongshu is known to be the social commerce platform for millennials. Finally, Jumei specializes in skincare and make-up products.
Which marketplace launched its luxury white-glove delivery service with delivery staff dressed in black suits?
The service, JD Luxury Express, was launched last year by JD for special deliveries of high-value luxury items sold on their platforms. To learn more, attend our Shanghai event about e-commerce in China on January 9!
This year, Alibaba hit a new sales record for the Singles Day – Double Eleven. How high were the sales?
This year’s double-eleven shopping festival has reached a record high at 268.4 billion RMB. This incredible amount of sales embarrasses Black Friday and Cyber Monday in the United States.
Which of these Chinese platforms cannot be considered as a marketplace?
Douyin is not a marketplace. It is a mobile video sharing app. To learn more about which channel you can leverage for e-commerce, attend our Shanghai event about e-commerce in China on January 9!
Before becoming the leading social commerce platform in China, what was the first goal of Xiaohongshu when it was launched?
In the very beginning, Xiaohongshu was for Chinese shoppers travelling overseas to publish reviews and recommendations on the products they buy overseas.
On all its platforms combined, how many active consumers does Alibaba have in 2019?
The annual active consumers on Alibaba’s online shopping properties in China reached 693 million by the end of September 2019.
What is the specialty of the Mia.com marketplace?
Mia.com is a marketplace offering maternity dresses, milk powders, diapers, and blankets.
Which of these companies has NOT developed an offer for cross border e commerce?
Suning does not accept applications from companies outside of China yet. JD, Tmall and Kaola have all created platforms for cross-border e-commerce, JD Worldwide, Tmall Global and Kaola.com. To learn more about which channel you can leverage for e-commerce, attend our Shanghai event about e-commerce in China on January 9!