Yihaodian.com Claims Record Chinese E-commerce Sales

January 19, 2014 | Print | Comments | Category: Internet







Yihaodian and Wal-Mart logo

Yihaodian.com, the Chinese B2C e-commerce website subsidiary of the American retailer Walmart, realized sales of CNY11.54 billion in 2013.

According to Yu Gang, chairman of Yihaodian.com, the company's five major strategies for 2014 are category expansion, mobile business acceleration, regional expansion, business model innovation, and big data application implementations.

Yu revealed that by the end of 2013, Yihaodian.com achieved online sales of 3.4 million stock keeping units, which was twice as that of 2012. Meanwhile, the number of their registered users increased from 29 million at the end of 2012 to 57 million.

Yihaodian.com reportedly gained excellent performance in the imported food market. From January to November 2013, Yihaodian.com's sales of imported milk accounted for 37.2% of total imported amount in China.

At present, Yihaodian.com has established operating centers in Quanzhou, Fujian province, and Jinan, Shandong province. The company also built an automation B2C e-commerce warehouse in Hongmei, Guangdong province, which is claimed to be the largest of its kind in South China.

While maintaining its development in Shanghai, Yihaodian.com accelerated its expansion in first- and second-tier cities across China. Its sales in Beijing, Tianjin, and Tangshan achieved an annual growth of 162%; its sales in Guangzhou and Shenzhen increased by 169% year-on-year; its sales in southwestern China increased by 136%; and its sales in Central China increased by 209%.





One Response to “Yihaodian.com Claims Record Chinese E-commerce Sales”

  1. By Tian FeiJanuary 20, 2014 at 7:39 pm

    Breaking small businesses in America is Walmart's job and now they can do the same thing in China. Once China falls we are all screwed and walmart is the bully.

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