Tmall.com, JD.com, Suning.com Top Chinese B2C Internet Shopping MarketSeptember 10, 2013 | Print | Comments | Category: Business, Internet
During the first half of 2013, the trading scale of China's Internet retailing market increased by 47.3% year-on-year to CNY754.2 billion, accounting for 6.8% of the total retail sales of consumer goods in the country.
The report published by China e-Business Research Center predicts that for the entire year of 2013, the trading scale of online shopping will reach CNY1.741 trillion.
The statistics show that by the end of June 2013, Tmall.com, with market share of 50.4%, ranked first in the Chinese B2C Internet retailing market; and this was followed by JD.com with market share of 20.7%. Suning.com was in third place with market share of 5.7%. For the fourth to the tenth on the list, Tencent's e-commerce gained 5.4% market share, Vipshop.com had a paltry 2.6%, Amazon.cn with 2.3%, Dangdang.com with 1.9%, Gome's e-commerce with a measly 1.7%, Yihaodian.com with 1.6%, and Vancl.com with 0.8%. All other B2C Internet retailers in China shared the remaining 6.9% market share.
The report also revealed that the Chinese C2C Internet shopping market maintained stable structure during the first half of 2013. Taobao.com firmly held the first position with 95.1% market share, followed by Tencent's Paipai.com with 4.7% market share and Eachnet.com with 0.2% market share.
With the development of e-commerce, China's express delivery services also maintained fast growth. From January to June 2013, Chinese major express delivery companies completed delivery of 3.84 billion packages, a year-on-year increase of 60.6%; and the related revenue was CNY62.98 billion, a year-on-year increase of 34.5%.
Image Credit: Kheng Guan Toh
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