Daily Digital Pulse Of China: Taobao, Tmall, China

China E-Commerce

TMall to Lure More International Brands

Taobao/Tmall generated incredible RMB 19.1 billion revenue on November 11 (single’s day), alone is enough to lure traditional brands to its web premise. Tmall went to raid other B2C platforms in China by providing dedicated B2C system for international brands with independent domain name and sophisticated ecommerce solutions catered for their needs.

Source: Tech Node

China E-Commerce

Huge Consolidation of Market Share in China

China’s hotly-contested daily deals new data for 2012 Q3 shows huge consolidation of power (ie: market share) in the whole sector. In the most recent quarter, China’s top three deals sites – Juhuasuan, Meituan, andDianping – account for 62 percent of all sales.

Source: Tech In Asia

Source: Tech In Asia

China E-Commerce

Penetration Rate of Weibo and SNS in China

China’s Internet Watch reports the overall performance between Weibo and SNS. Weibo is the most talked about social media channel in the last one year, followed by social networking sites like Renren. No doubt Sina Weibo should be the most critical channel to consider for most companies.