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Tag Archive | "Taobao"

MKVenture|Week 33: Holding Hands and Breakups

The past two weeks have seen some new tech coalitions take form as Alibaba piloted to monetize on its Weibo investment and 360 Search took the place of NetEase as the search subsidiary of Youdao’s default search engine. Additionally, there was a breakup between Alibaba and Tencent, as Alibaba cut off WeChat over concerns that…

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Posted in Mobile Comments

Is the Sina Weibo Empire Crumbling? Weibo and Alibaba Deepen Relationship. No Investment Planned.

Commonly perceived as the Twitter of China, Sina Weibo has recently reached the 400 million user mark, receiving praise from abroad and contributing almost single-handedly to the rise of the information age in China. Yet this milestone notably lacks the “active user” label on the equation and their quarterly financial report is lacking in luster to…

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Posted in Mobile Comments

First Wave of iPhone 4S Smugglers in Shenzhen Brought to Trial

Smuggling goods from Hong Kong to the Chinese Mainland has been a common occurrence for years.  The nature of tax differences between the two “systems” makes it an attractive way to make money, and in recent years due to a soaring demand for luxury products and electronics, it has become common to smuggle Apple products across the…

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Posted in Mobile Comments

Alibaba Rakes in $3 Billion in Single’s Day Online Sales Event

Consumption in China may outdo the US this year, at least in e-commerce.  Alibaba and its two platforms Taobao and Tmall are raking in cash from yesterday’s “Single’s Day” sales event, which some predict will overtake America’s Cyber Monday when it occurs later this month. Originally a day to celebrate being single on November 11th,…

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Posted in Mobile Comments

Ebay Comes Back to China with Xiu, Can It Fare Any Better This Time?

Ebay has decided to take another shot at the Chinese consumer market this week partnering with luxury goods site Xiu.com, who will be representing them in their next great foray into China. Xiu will be handling all their listings, payments, shipping, customer service and regulatory concerns as they sell luxury American brands at a discounted…

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Posted in Mobile Comments

Taobao Makes Progress in US Against Piracy Allegations

With approximately 70% share of the market and 500 million registered users, the go-to online retailer fir Chinese is not Amazon or eBay, but rather Alibaba‘s services Taobao and Tmall, two online platforms for C2C and B2C respectively that have captured China’s e-commerce market and contributed greatly to its online infrastructure and retail markets. Many in the…

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Posted in Mobile Comments

Chinese Luxury E-Commerce: Not Just For the Super-Rich

E-Commerce and the e-tailing scene in China is exploding, expanding new horizons for luxury goods. Taobao Marketplace, an e-commerce site online owned by Alibaba, is reporting a 100% increase in sales yearly over a range of high-end and luxury goods (via Jing Daily). E-Commerce is helping to contribute to the overall growth of Chinese luxury…

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Posted in Mobile Comments

Cross-Platform Monetization Strategies Panel

In a panel on cross-platform monetization strategies led by Zhang Peng, Chief Editor of Business Value Magazine, five panelists from diverse companies provided insight on the mega-trends and importance of cross-platform strategies that are taking place in the realm of mobile business. Wang Yulin, EVP, iFeng.com – Mobile Internet is certainly the major trend of…

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Posted in Mobile Comments

Launch of Lashou Mall – Paving the Way for Others?

Birth of Lashou Mall Just last week, we discussed the tipping point of the Chinese group buying market, and how firms have to diversify out of pure group buying models to survive. News has it that Lashou, one of the top 10 group buying sites in China, will be launching ‘Lashou Mall’ this week. The…

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Posted in Mobile Comments

NewsWrap: Taobao 11/11/11 Sales, China Telecom and China Unicom Investigation, VANCL IPO, PC Industry Growth in India, iPhone 4S Hong Kong Release

NewsWrap brings you the latest today in Tech News from China and the world at large. Today we look at Taobao’s sales on 11/11/11, the anti-monopoly investigations against China Telecom and China Unicom, VANCL’s December IPO, PC Industry’s growth in India, and the iPhone 4S’s release in Hong Kong. Taobao 11/11/11: Incredible Sales Amid Reports of Manipulated…

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Posted in Industry Leaders, Mobile Comments


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