On September 29, 2020, China Internet Network Information Center (CNNIC) released the 46th “Statistical Report on Internet Development in China”. As of June 2020, the number of cross-border e-commerce users in China has reached 138 million. China’s short video users reach 818 million As of June 2020, the number of short video users in China has reached 818 million, accounting for 87.0% of the total…
Category Archives: B2B e-commerce
Online Live Ordering Meeting of Alibaba’s 1688 Flooded 700,000 Buyers in 2 Days
On September 22, 2020, Alibaba’s 1688 platform held a live online ordering meeting. This has completely changed the thinking habits of SMEs. The two-day order fair for digital home appliances flooded with 720,000 buyers to watch online, which is equivalent to the traffic of 7-8 large offline exhibitions. What’s more amazing is that there is 1 transaction for every two leads! In the past, traditional…
Overseas SMB Brands Facing Good Opportunities on Tmall Global
Tmall Global is becoming more and more popular with consumers and overseas businesses. Recently, in order to target overseas small and medium brands, Tmall Global will launch a series of measures to accelerate the process of foreign brands entering China. Alibaba’s Tmall Global plans to hold a virtual online event called “Go Global 11.11 Pitch Fest” on September 15, 2020 to help overseas SMEs enter…
Amazon & Alibaba Calling for Live Streaming
Recently, the Chinese government has issued documents calling for the stabilization of China’s foreign international trade, and proposed 15 policy measures to stabilize foreign trade and foreign investment. In 2019, China’s cross-border e-commerce retail import and export volume reached 186.21 billion yuan. Although this figure is five times that of 2015, with an average annual growth rate of 49.51%, it only accounts for 0.59% of…
China’s Imports of Cross-border e-Commerce Transactions Continue to Expand in 2020
Cross-border e-commerce can be divided into B2B model, B2C model, and C2C model. In recent years, China’s cross-border e-commerce industry has continuously developed, and the market scale has continued to expand. In 2018, China’s cross-border e-commerce retail import and export transactions exceeded 100 billion yuan. In 2019, China’s cross-border e-commerce retail import and export volume reached 186.21 billion yuan, five times that of 2015, with…