" I am admittedly an Amazon shopping addict, so it was interesting to have a long conversation recently with Chinese colleagues in Nanning about their own growing addictions to online shopping. They are big fans of Taobao, although they also use other e-commerce sites likeJD.com and Suning.com. My colleagues are representative of a larger trend of… Continue reading China’s E-Commerce Addiction Has Serious Market Potential
E-commerce powerhouse Alibaba said big data technologies have helped it detect more than 61,000 individuals or groups suspected of operating shops that sell counterfeit goods on Taobao, its online shopping portal. In addition, it has detected 1,640 factories that produce fake goods and supply them to online dealers, Zheng Junfang, Alibaba's chief platform governance officer,… Continue reading Big data assists in fighting knockoffs
The Australian Brands Alliance – a group that represents various Australian companies – has announced plans to launch Ausmart stores in major cities in China this year. The store will act as a portal through which Australian local brands will be able to deliver to Chinese customers, allowing them to enjoy thousands of Australian products.
China may have emerged as the world's largest consumer market by 2016-end, but it's only recently that steps to revolutionize the retail-scape have accelerated, with merchants and brands hailing the dawn of so-called 'New Retail', according to consultancy eMarketer.
Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years.