Category

VIPShop

Top mobile shopping platforms in China 2020 (updated)

By chinainternetwatch, ciw premium, cross border e-commerce, E-Commerce & Online Shopping, Kaola, Pinduoduo, Taobao, VIPShop, WeChat

Taobao remains the top mobile shopping platform in China in 2020 by total unique users across mobile apps and mini programs on WeChat, Baidu, and Alipay. Mobile shopping app market MAU totaled 1.02 billion in September 2020, up 4.7% YoY. Taobao, Pinduoduo, and JD saw the largest increase in MAU in Sep: By usage time, […]

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Discount e-commerce platform Vipshop active customers increased by 21% in Q3 2019

By China Retail & E-Commerce, chinainternetwatch, q3 2019, VIPShop

Vipshop (NYSE: VIPS), a leading online discount retailer for brands in China, reported 17% YoY growth in GMV to RMB 31.7 billion (US$4.51 billion) for the third quarter ended September 30, 2019. The number of active customers of Vipshop for Q3 2019 increased by 21% year over year to 32.0 million from 26.5 million in […]

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Discount retailer Vipshop active customers up 11% to 33.1 million in Q2 2019

By chinainternetwatch, q2 2019, Retail & E-Commerce, VIPShop

Vipshop’s total net revenue for the second quarter of 2019 increased by 9.7% year over year to RMB22.7 billion (US$3.3 billion) from RMB20.7 billion in the prior-year period, primarily driven by the growth in the number of total active customers, according to its official financial results. Vipshop GMV for Q2 2019 increased by 11% year […]

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Online discount retailer Vipshop’s active customers close to 30 million in Q1 2019

By Apparel, chinainternetwatch, q1 2019, Retail & E-Commerce, VIPShop

Vipshop, China’s leading online discount retailer for brands, announced its unaudited financial results for the first quarter ended March 31, 2019. Total net revenue of Vipshop for Q1 2019 increased by 7.3% year over year to RMB21.3 billion (US$3.2 billion) from RMB19.9 billion in the prior year period. Vipshop GMV for Q1 2019 increased by […]

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Vipshop GMV exceeded US$19bn in 2018, up 21%

By chinainternetwatch, q4 2018, Retail & E-Commerce, VIPShop

In 2018, Vipshop generated US$19.47bn in GMV from 60.5 million active customers who altogether placed 437.4 million orders. Total net revenue reached US$12.3bn. Vipshop’s active customers totaled 60.5 million at the end of 2018, an increase of 5% year-on-year. In Q4 2018, this figure grew by 13% year-on-year to 32.4 million. Approximately 23% of new customers came from […]

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Tmall and JD had a combined market share of over 85% in China’s B2C e-commerce market in Q4 2018

By B2C, chinainternetwatch, Gome, Jingdong, Retail & E-Commerce, Suning, tmall, VIPShop

In China, the online retail B2C e-commerce grew by 28.4% to a US$226.38bn market in Q4 2018. Tmall took the lead, followed by JD, Suning, Vipshop, and Gome. China’s online retail B2C e-commerce market reached 1,526.76 billion yuan (US$226.38bn) in Q4 2018, an increase of 28.4% year-on-year. Revenue from Alibaba’s core commerce grew by 40% […]

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China cross-border e-commerce shrunk by 16.2% in Q3 2018

By chinainternetwatch, ciw premium, cross border e-commerce, jd worldwide, Kaola, q3 2018, Retail & E-Commerce, tmall global, VIPShop

China’s cross-border import retail e-commerce market totaled US$12.14 billion in Q3 2018 with a negative growth of 16.2% quarter-on-quarter. The top platforms Tmall Global, NetEase Kaola kept expanding while both JD Worldwide and Vipshop Global saw a slight decline. China’s cross-border import retail e-commerce market reached 84.26 billion yuan (US$12.14 bn) in Q3 2018, a decline […]

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Vipshop active customers down by 3.3 million in Q3 2018

By chinainternetwatch, q3 2018, Retail & E-Commerce, VIPShop

Vipshop’s total active customers grew by 11% year-on-year to 26.5 million in Q3 2018, which was 29.8 million in Q2 2018. The number of new customers from Tencent and JD.com accounted for approximately 22% of Vipshop’s total new customers. Total orders increased by 29% year-on-year to 95.7 million in Q3 2018. The average revenue per […]

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Double 11 statistics of top retailers in 2018

By chinainternetwatch, ciw premium, Double 11, Jingdong, Kaola, Retail & E-Commerce, Suning, tmall, VIPShop, Xiaomi

The Double 11 rising on the popularity of China Singles’ Day (Nov 11) is growing bigger every year. Top e-commerce players all saw record-breaking sales on this very day. Sales on Tmall reached 10 billion yuan in 00:02:05, sales on NetEase Kaola exceeded 100 million yuan in 00:03:49, and GMV on Suning exceeded 100 million […]

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Chinese purchase behavior saw blurring gender lines

By chinainternetwatch, ciw premium, consumers, family, Jingdong, VIPShop

In consumption, the gender lines are blurring these days. More female consumers in China like digital products and outdoor fitness equipment while more male tend to favor skincare and healthcare products. It’s trending among young consumers in China based on sales data from JD.com and Vipshop. Top Cosmetic & Skincare Products by Vipshop male buyers Proportion […]

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Vipshop obtained 29.8 million active customers in Q2 2018

By chinainternetwatch, Q2 2018, Retail & E-Commerce, Tencent, VIPShop

Vipshop’s total active customers grew by 6% year-on-year to 29.8 million in Q2 2018. 85% of customers were repeat customers and approximately 96% of orders were placed by repeat customers, according to its unaudited financial results for Q2 2018. The number of new customers from Tencent and JD.com accounted for 24% of Vipshop’s total new […]

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China online retail B2C market overview Q1 2018

By Amazon, B2C, chinainternetwatch, ciw premium, Jingdong, q1 2018, Retail & E-Commerce, tmall, VIPShop

The GMV of China’s online retail B2C market totaled 952.85 billion yuan (US$148.18 billion) in Q1 2018, up by 32.2% from Q1 2017. In Q1 2018, Tmall GMV up by 41.2% over Q1 2017, taking the largest market share of 59.6% in China’s retail e-commerce sales. JD.com was next with a share of 25.3% and GMV […]

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China’s cross-border e-commerce retailer Vipshop obtained over 56 mn active annual customers in Q1 2018

By chinainternetwatch, cross border e-commerce, q1 2018, Retail & E-Commerce, VIPShop

Vipshop, one of the top cross-border e-commerce retail platforms in China, had the net revenue of RMB19.9 billion (US$3.2 billion) in Q1 2018 according to its unaudited financial results, up 24.6% over Q1 2017, primarily driven by the improvement in the average revenue per customer. Gross profit grew by 8.5% year-on-year to RMB4.0 billion (US$639.2 […]

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China B2C online retail market overview 2017, led by Tmal and JD

By B2C, chinainternetwatch, Jingdong, Q4 2017, retail, Suning, tmall, VIPShop

China online retail market totaled 1,974.59 billion yuan (US$311.69 billion) with an increase of 41% YoY in Q4 2017 according to data from Analysis. China’s B2C online retail market reached 1,189.35 billion yuan (US$187.74 billion) with an increase of 43.2%. Total transactions on Tmall grew by 45% in Q4 2017, accounting for 60.9% of the total […]

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Vipshop, China’s online discount retailer, grew annual active customers by 22% in Q3 2017

By chinainternetwatch, e-commerce, membership, q3 2017, retail, VIPShop

The number of Vipshop’s active customers for the trailing 12 months ended September 30, 2017 increased by 22% year over year to 60.5 million from 49.6 million in the prior year period. Its total net revenue for Q3 2017 increased by 27.6% to RMB15.3 billion (US$2.3 billion) from RMB12.0 billion in the prior year period. […]

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China online retail market overview for Q3 2017; led by Tmall and JD with 86% combined share

By B2C, chinainternetwatch, ciw premium, e-commerce, Gome, market share, q3 2017, retail, Suning, tmall, VIPShop

China online retail market totaled 1.8 trillion yuan (US$271 billion) in Q3 2017 with a growth rate of 38.7% YoY according to data from Analysis. The online B2C market reached 985.44 billion yuan (US$148.56 bn) with an increase of 39.1% YoY. The total transactions on Tmall grew by 47% YoY in Q3 2017 or 7.4% QoQ, […]

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China B2C Online Apparel Market Overview Q2 2017

By Apparel, B2C, chinainternetwatch, market share, Q2 2017, retail, tmall, VIPShop

China’s B2C apparel market reached 307.74 billion yuan (US$46.37 bn) in Q2 2017 with an increase of 47.3%. Tmall has 80.7% market share in China’s B2C online clothing market in Q2 2017, followed by JD (8.7%) and Vipshop. The online retail market in China reached 1.59 trillion yuan (US$244.6 billion) in the second quarter of 2017 […]

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Mobile share exceeded 80% in China online shopping market in Q2 2017

By chinainternetwatch, ciw premium, e-commerce, Jingdong, mobile shopping, Q2 2017, retail, tmall, VIPShop

China mobile shopping market totaled 1,279.42 billion yuan with an increase of 45.9% in the second quarter of 2017 according to data from Analysis. Mobile accounted for 80.4% of total online shopping transactions in Q2 2017. Tmall continued to dominate China’s mobile shopping market with 65.2% market share, followed by JD (19.5%) and Vipshop. The […]

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China Online B2C Retail Overview Q2 2017

By B2C, chinainternetwatch, e-commerce, Q2 2017, retail, Taobao, tmall, VIPShop

The online retail market in China reached 1.59 trillion yuan (US$244.6 billion) in the second quarter of 2017 (up 31.2% over Q2 2016), with B2C sales accounting for 860.5 billion yuan (US$132.4 billion), an increase of 32% over the second quarter of 2016. The second quarter is the traditional peak of the online sales season […]

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REPORT China cross-border e-commerce H1 2017 (Part 2)

By chinainternetwatch, ciw premium, cross border e-commerce, e-commerce, jd worldwide, Kaola, market share, retail, tmall, tmall global, VIPShop

Part 2 of 2 in CIW’s report on cross-border e-commerce in China (Part 1). The retail cross-border e-commerce segment makes up a significant fraction of the cross-border e-commerce market, with its 3.05 trillion yuan (US$ 457 billion) revenue accounting for 48.5% of 2016’s total 6.3 trillion yuan (US$944.5 billion) of China’s cross-border e-commerce market. Thus far in […]

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China online retail market overview Q1 2017

By Amazon, B2C, chinainternetwatch, ciw premium, Jingdong, jumei, market share, Mobile, mobile shopping, q1 2017, retail, Taobao, tmall, VIPShop

China’s online retail market totaled US$198.12 billion in the first quarter of 2017 with an increase of 27.6% YoY according to data from Analysis; B2C segment accounts for over 53%, led by Tmall (55.8%). Mobile continued its strong growth of 38.8% in China’s online shopping market, dominated by Tmall and Taobao (80.5%). The total retail sales of […]

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China online shopping market forecast 2017-2019

By 2016, Alibaba, Amazon, B2C, c2c, chinainternetwatch, ciw premium, Jingdong, market share, mobile shopping, retail, Suning, tmall, VIPShop

The total transactions of China’s online shopping market totaled 4.7 trillion yuan (US$680 bn) in 2016 with an increase of 23.9%; and, it’s estimated to reach 7.3 trillion yuan (US$1.06 trillion)  in 2019. Tmall dominates China’s B2C online shopping market with over 56% market share. B2C online shopping market will grow to over 60% in 2019 […]

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Emotibot is an AI-powered chatbot that understands human emotions

By artificial intelligence, China Mobile, Ctrip, emotibot, technode, VIPShop

Artificial intelligence is all around. Tech giants and startups are cultivating their AI technology to create better ways of living such as riding on driverless cars and making payment by scanning your face. While this lies on the grounds that AI’s practical skills can ultimately replace human labor, one startup believes that AI can be […]

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China cross-border e-commerce insights 2016/2017

By 2016, Apparel, chinainternetwatch, ciw premium, cross border e-commerce, e-commerce, jd worldwide, jumei, retail, tmall, VIPShop

The total transactions of China cross-border e-commerce market reached 6.3 trillion yuan (US$920 billion) in 2016, including retail and B2B according to a Chinese research company iiMedia. And, it’s expected to reach 8.8 trillion yuan (US$1.28 trillion) in 2018. The total number of cross-border shoppers in China exceeded 410 million in 2016 and is expected […]

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14 Chinese retailers made it to Top 250 retailers list

By 2017, chinainternetwatch, dangdang, elle, Jingdong, retail, Suning, VIPShop, yonghui

Deloitte’s annual Global Powers of Retailing report identifies the 250 largest retailers around the world. JD.com ranks on top of all Chinese companies in the Top 250 retailers list. 14 Chinese companies including China and Hong Kong who made it to the top 250 list include: JD.com, 36 Suning Commerce Group Co., Ltd., 46 A.S. […]

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Four strategies of China’s top 10 e-commerce apps

By Alibaba, China, e-commerce, JD, Mogujie, Suning, Taobao, technode, tmall, VIPShop, Xianyu, Zhe800

Pushing advertisement online and offline has been the typical strategy of China’s e-commerce giants to bring in customers, explaining why e-commerce sector is one of the toughest battlegrounds for freshly born startups since they have little money to spend on advertising. However, the trend is changing. As startups like Bolome, combining live streaming into cross-border […]

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