06. March 2017
Today marks the flagship store Grand Opening of German drug store dm-drogerie markt on Alibaba's Tmall Global platform. Web2Asia worked for over one year in preparation of the launch together with dm, it's German agency oddity as well as Alibaba Tmall and Cainiao. Already in the soft-launch phase from December 2016 to February 2017 the flagship store became the largest German drug store on Tmall in terms of monthly Gross Merchandise Volume (GMV). The store currently features dm's private label...
09. October 2015
China E-Commerce Tmall Global to launch O2O retail stores Interesting developments in the China cross-border e-commerce market: Tmall Global will launch 23 offline stores in Hangzhou as an initial test run. The stores will offer a mix of approx. 70% immediately available imported products as well as 30% of inventory through O2O cross-border shipped foreign products. The offline retail expansion will be in cooperation with Chinese department store operator Intime Retail Group - one of Alibaba's...
21. April 2014
China E-Commerce Alibaba to Start Telecom Services in China Alibaba, China’s biggest e-commerce group, will be launching Chinese telecom services in June. The company received China’s first mobile virtual network operating licenses late last year. The exact details of the services will remain under wraps, but it has been reported that Alibaba has coordinated with China’s major telecom companies – China Mobile, China Telecom, and China Unicom – to offer the ultimate services to...
15. April 2014
China E-Commerce 14% of Chinese Shop Online Everyday According to a report created by PricewaterhouseCoopers, 14% of Chinese respondents shop online daily. Over 60% claim to shop online at least once a week, which is much higher than the global average of just 5% who shop online everyday and 21% every week. When it comes to mobile shopping, Chinese consumers ranked first, with 4% of respondents shopping via mobile everyday, 20% using it once a week, and 27% once a month. The global percentages...
11. April 2014
China Digital WeChat adds image recognition feature which can benefit online-retailers Since the release of the WeChat 5.0 version (launched in August last year) users could already learn more about a product like books or music albums by scanning the barcode on the cover or packaging and be redirected to the company website – and in some instances directly to the e-commerce sites for purchase. This week WeChat released a new Image Recognition Feature. Now users no longer have to rely on...
10. April 2014
China E-Commerce China’s Mobile Internet Industry China’s Internet industry has taken a turn to focusing on monetizing the smart phone market. Companies are gradually shifting their businesses from PC to mobile due to high mobile phone penetration rates in the country. Mobile phone penetration is nearly at 100%, and the majority of the aforementioned commoditization is coming from the increasingly popular, lower-cost, domestically produced smart phones, particularly within rural areas....
09. April 2014
China E-Commerce JD.com to Develop its O2O Model Jingdong has signed with about 10,000 Chinese convenience stores to establish an innovative online-to-offline retail plan. These 10,000 convenience stores will cover 15 cities, and will include brands like Quik, Good Neighbors, Buddies, C&U, and Meijiya. The deals will let Chinese customers buy items online and have them delivered or be picked up at physical locations. It will also let them use online payment methods at the brick-and-mortar...
31. March 2014
China E-Commerce Why Foreign Brands Use Tmall When considering selling their products in China, foreign companies simply cannot ignore the influence and significance that Tmall has on the market. The site attracts hundreds of millions of Chinese shoppers, a fact that should not be overlooked. Asos, having officially entered China a few months ago with a bit of a thud, has realized this and will finally be opening its official Tmall flagship store in April, offering a 50% off cardigan sweater to...
27. March 2014
China E-Commerce Tencent Invests in South Korean Mobile Game Company Tencent has invested $500 million USD for a stake in South Korea’s CJ Games. CJ games develops both casual and more in-depth mobile RPG games. The casual ones are meant to be integrated with Korea’s KakaoTalk and its social gaming functions. When the deal is finalized, Tencent will own 28% of CJ Games. Not only does Tencent have the country’s most popular messaging app, WeChat, is is also China’s biggest gaming...