eTALK China Insights: Chinese Digital Megatrends Series – Foundations of the Chinese E-Commerce System
Vast Digital Userbase Image Source: iResearch, CNNIC, MOFCOM, eMarketer and sampi.io China has a scale advantage compared to the rest of the world – approx. one billion internet users across the nation. This massive userbase acted as the building block for China becoming the largest e-commerce market. This is all possible thanks to the virtuous cycle propagated by the fast growing mobile payment penetration in conjunction with the large internet userbase. Pressure to Quickly Scale Image Source: Sekkeistuddio.com China’s population…
eTALK China Insights: Tightening Regulations
Tech Company Share Prices are Falling! China has recently been cracking down against monopolies and internal anti-competition agreements. Since late 2020, new regulations have been regularly enacted. As a result, the share prices of Chinese tech giants such as Alibaba, JD and others have been falling sharply. The Chinese State is taking action due to the high market shares occupied by a few large players. While Alibaba's held 56% of the e-commerce market in 2021, Meituan led the food delivery…
Online Payment Tools in China
Part 1 - Online Payment Market Overview Considerable and growing online payment market Affiliate marketing, an advertising tool in which companies compensate third-party publishers to generate traffic towards its products and services, plays a significant role in the e-commerce economy. Vendors only need to cooperate with affiliates to reach a wide base of potential consumers. However, affiliate marketing is different in China; Taobaoke is the most widely used affiliate marketing approach. What exactly is Taobaoke? Why do we choose Taobaoke…
How to choose logistics solutions for new brands China entry?
With the rapid development of China's e-commerce market, more and more brands have entered the Chinese market and achieved outstanding results. Choosing a suitable logistics solution is very important and can help brands save a lot of unnecessary costs. In this article, you will learn how to choose an appropriate logistics solution based on your products’ characteristics, and other important knowledge and regulations for cross-border e-commerce (CBEC):Can my products be sold to China via Cross Border E-Commerce?How to choose a…
Top 10 e-commerce platforms in China
The above figures show the number of active users of corresponding e-commerce apps in China as of October 2020. It also shows the growth rate of the respective e-commerce transaction volume in the Chinese market.This article will introduce you the top 10 Chinese e-commerce platforms based on the number of active users. 1. Taobao Currently, Taobao is the largest e-commerce platform with the highest number of users in China. Taobao had 710 million monthly active users in October 2020. Taobao…