Everyone knows that China boasts more than 700 million Internet users, double the USA population. Many do not know that one single platform, WeChat has nearly 900 million registered and daily active users. How do you reach this marketplace?
CUBD provides an end to end solution which takes the complexity out of selling online in China. We will manage the process from beginning to end including all technical and regulatory matters. Via WeChat, Taobao or TMall you can gain a presence in this huge marketplace.
China’s popular C2C online shopping destination
Launched in 2003, Taobao Marketplace (www.taobao.com) is a popular consumer-to-consumer (C2C) online marketplace in China. Its mission is to foster a comprehensive e-commerce ecosystem that will provide partners and consumers with the best user experience possible. With more than 800 million product listings and nearly 400 million registered users currently, Taobao Marketplace is one of the world’s top 20 most visited websites.
China’s B2C shopping destination with an extensive selection of quality brands and authentic products
Launched in April 2008, Tmall.com (www.tmall.com) is an online shopping landmark in China with an extensive brand selection. An open B2C platform, Tmall.com has established itself as the destination for authentic, quality products catering to increasingly sophisticated Chinese consumers and is the most visited B2C online retail website in China*. In June 2011, it was separated from Taobao’s C2C marketplace and became an independent business.
Tmall.com currently features more than 70,000 major multinational and Chinese brands from more than 50,000 merchants. It offers several product verticals with customized customer services, including Consumer Electronics mall; Book mall; Home Furnishing mall; Designer Footwear mall; Beauty mall; and Imported Goods mall. Brands with flagship retail storefronts on Tmall.com include UNIQLO, L’Oréal, adidas, P&G, Unilever, Gap, Ray-Ban, Nike and Levi’s. Tmall.com set a record for highest single-day transaction volume during a special promotion on November 11, 2011, facilitating the sales of goods totaling RMB3.36 billion (US$531.76 million) on the day or an average of more than RMB38,000 (US$6,022.18) per second.