Posts Tagged “China E-commerce Market”

China’s Key Internet Stats Rival the US and Japan

NEW YORK - Broadband, computer and internet penetration in urban China rival the US and Japan


Chinese Online Retailer Probes Possible Security Breach

BEIJING | Yihaodian, a Chinese online retailer backed by Wal-Mart Stores Inc., WMT -0.74%is probing a possible security breach, in what appeared to be the latest attempt to steal consumer data in China's growing e-commerce sector.


Market Report: China’s E-Commerce Boom

CHINA | A recent report by consulting firm AT Kearney ranked China as the top developing economy for e-commerce. This upswing in online commerce and electronic on-site payment processing is part of a general upswing in the Chinese economy and a further sign that it is developing from a purely manufacturing base into a fully fledged digital economy. This revolution is being spearheaded not by international companies cashing in on a developing market, but by a rash of local firms such as Alibaba and SooBest.


Computop Offers Alipay | Enables Merchants to enter Chinese Market

LONDON | Computop, a leading payment service provider (PSP), today announced the addition of Alipay, a commonly used third-party online payment solution in China, to its Paygate payment platform. As a result of this cooperation, Computop Paygate customers will benefit from being able to provide Alipay as a payment option to their customers. This will help to support merchants’ expansion into the region, where online retail sales have been rapidly growing and are expected to continue to increase.


Local firms rule the roost in booming Chinese e-commerce market

CHINA | According to a recent eMarketer research paper “China Ecommerce: A Developing Marker Begins to Boom”, 423.4 million Chinese people over the age of 14 will be using the internet to do shopping online at least once a year by 2016.


360buy makes first attempt to conquer international market

CHINA | 360buy.com, China's biggest online retailer, has announced that it will start selling directly to overseas buyers in the first such move by a major Chinese e-commerce firm. The move comes as the $44.58 billion Chinese e-commerce market begins to show signs of maturity and in the context of a recent price war, which became the subject of a government investigation.


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