Get Our Weekly Email Newsletter
I.T. Skills In Your China Business!IPS works with institutions and corporate clients to deliver computer skills training and ICT solutions, as well as internal assessments and benchmarking. More Info Here...
Distribute Press Releases To Chinese Media!Getting your company's message to journalists is important in China and ChinaNewswire.com can assist you in English-language releases and Xinwengao.com can provide Chinese-language distribution services. Corporate press releases are the most cost-effective way for you to connect with your customers and stakeholders in China!
Vietnam Mobile & Broadband International Summit 2010 @ Hanoi - 2010/03/25
China Mobile Internet Summit 2010 @ Beijing - 2010/04/07
Green Fuels & Vehicles China 2010 @ Shanghai - 2010/04/08
TETRA World Congress @ Singapore - 2010/05/25
Global Mobile Internet Conference 2010 @ Beijing - 2010/05/27
NGMN Industry Conference 2010 @ Shanghai - 2010/06/02
Let us work with you in China to manage your email marketing campaigns, loyalty marketing programs, email newsletters, and digital marketing efforts while we improve your email deliverability in China. Our software and staff can help your company stay #1! Visit XZList.com
China's 360buy.com To Develop B2B Business
April 27, 2009 |
Print
| 
Email
| 
Comments | Category: Business, Internet
Chinese B2C e-commerce company 360buy.com will start to explore the B2B market in China while continuing to enhance its existing B2C market.
According to local media reports, 360buy.com plans to establish a team with 300 agents in Chengdu and the team's goal for 2009 is to reach cooperation with between 300,000 and 500,000 small and medium-sized enterprises clients and to realize sales of CNY1 billion. Within the year 2009, 360buy.com will reportedly set up branches in more than 20 first-tier Chinese cities and the company will increase the number of its branches to 100 before the end of 2010.
Though 360buy.com refuses to give comment on this rumor, because of the ever-increasing competition in the Chinese B2C industry and the invasion of the C2C industry, 360buy.com's development speed may slow down. If it can set up a 300-person agent team and set up 100 branches, its sales will be increased significantly.
Statistics provided by the market research firm Analysys International show that in March 2009, 360buy.com achieved sales of over CNY200 million, making it the only B2C company that has monthly sales of over CNY200 million in China.
Previous to this, 360buy.com Vice President Yan Xiaoqing told local media that 360buy.com had sales of CNY1.3 billion in 2008 and its goal for 2009 is to realize a year-on-year increase of 300%, reaching sales of CNY4 billion.
Recommend this page: 
Loading ...One Response to “China's 360buy.com To Develop B2B Business”
Leave A Comment:
-
Business
- KongZhong Posts Increased China Revenue But Warns On Weak Mobile Growth
- Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China
- Rumor: PayPal To Cooperate With Alibaba For Online Payments In China
- China Network Television, Shanda Reach Strategic Cooperation
- Hong Kong Government Increases IT Budget For New Projects
-
Commentary
-
Computing
-
Gadgets & Electronics
- Founder To Promote Copyright Pricing Standards For E-books In China
- Motorola Android Phones Go For Microsoft's Bing Search Engine In China
- NGMN Alliance Announces NGMN Industry Conference & Exhibition 2010 in Shanghai, China
- China Unicom Unveils Its First Android Wi-Fi Customized Smartphone
- Chinese Consumers Complain About HP's Products
-
Internet
- Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China
- Rumor: PayPal To Cooperate With Alibaba For Online Payments In China
- Ctrip.com Promises To Compensate Online Consumers For Price Differences
- 365anfang.com Allies With Taobao, Alipay To Ensure Online Shopping Safety
- China's Renren.com Launches Internet Recruitment Platform
-
Law & Policy
-
Security
-
Software
-
Telecom & Wireless
- Taiwan To Build WiMAX OIOT Lab
- KongZhong Posts Increased China Revenue But Warns On Weak Mobile Growth
- Founder To Promote Copyright Pricing Standards For E-books In China
- Huawei Gains GPON FTTH Contract From Hong Kong's Wharf T&T
- China Mobile Confirms Acquisition Of 20% Stake In Shanghai Pudong Development Bank
Copyright 1999-2010 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts for personal non-business use where you will not gain in any monetary way, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from ChinaTechNews.com. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 
What is their market size and how are they situated to ither compete or cooperate with Alibaba.com?