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Tag Archives: China

China-Japan e-Commerce Cross-Border Options Grows

Asian countries may have found a solution to their economic woes and it is e-commerce. Cross-border e-commerce trade is increasing between China and Japan as Chinese consumers regard Japanese products as safe and high quality. According to the Japanese trade ministry, online trade between the two countries is expected to reach about $22.8 billion in […]

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What Economic Slowdown? JD.com Reports Net Revenue up 58% for 2015

JD.com, China’s second largest e-commerce provider reported fourth quarter and annual 2015 earnings this week and the results appear quite promising. Net revenue for fourth quarter increased 57% to RMB54.6 billion (US$8.4 billion) and for the full year 2015, it increased 58% to RMB181.3 billion (US$28.0 billion). Even though net revenue gains were strong, it […]

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Best Logistics Seeks Funding for Expansion and Acquisitions

The Wall Street Journal reports that Chinese logistics and technology provider, Best Logistics Technologies Ltd is looking to raise $700 million in new funding. The latest fundraising round is to aid Best Logistics in expansion as well as to pursue acquisitions ahead of an initial public offering (IPO). The timing and venue for Best Logistics’ […]

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More than Alibaba – China’s Retail Industry

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Consulting firm, McKinsey noted “over the course of the next decade, the global face of the retail industry will change dramatically. Emerging markets will continue to see spectacular growth, both in regards to new shoppers and per capita spending”. Indeed, the most prominent such market is that of China. Despite weakness in its economy, China […]

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Battle for Singles Day Supremacy

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Alibaba’s latest quarterly revenue indicates a company still much dependent on its home turf and maybe that’s not such a bad thing. For the 3-month period ending September 30, Alibaba’s total revenue increased 31.7% year-over-year with the China Commerce group leading the way, up 35.1% compared to the International Commerce group, up 13.5% for the […]

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Different Focus but It’s Still About Logistics

Alibaba’s recent announcement concerning its investment of $4.6 billion in Suning definitely created a buzz but what seemed to have taken a backseat was JD.com’s $700 million investment in Yonghui Superstores just a few days prior to the Alibaba-Suning announcement. Interesting announcements from China’s two largest ecommerce providers that tout the benefits of online-offline services […]

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JD.com’s Ambitious Plans – Can it Catch Up to Alibaba?

While Alibaba tends to grab much of the headlines, the second largest ecommerce company in China is also creating some waves and it seems that logistics is indeed an important part of the competition between the two. The differences between the two companies can be noted in each one’s approach to logistics. Alibaba has created […]

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