Trends from the Amcham Ecommerce Conference

Last week I attended a ecommerce conference featuring a number of fairly large players in the China ecommerce space.  Listening to the speakers a couple of big trends emerged that are worth repeating about what works in this space.  So here’s my not particularly complete list of key points that stuc[......]

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China’s central bank halts use of QR codes and virtual credit cards

Last Friday, the Chinese Internet giants were hit by the latest contention put forward by China’s financial sector, especially the PBOC (People’s Bank of China). The disagreement made by the Central Bank of China involved the banning of payment through QR Codes (paying by a bar code scan) and virtua[......]

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Ali’s Women Festival

mobilefeststory

Last year in November, 2013, China’s number 1 e-commerce powerhouse, Alibaba, achieved a milestone with its 11.11 Shopping Festival, with marketplace sales records reaching $ 5.78 Billion. This year, it set out another e-commerce venture, with its online platforms, Tmall.com and Taobao Marketpla[......]

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Tencent’s Acquisitions Take China’s Tech Industry By Storm

Tencent is the originator of extremely popular mobile messaging application WeChat. It is in fierce competition with Alibaba and Baidu, as both of them dominate the mobile Internet market in China. With huge investments and acquisitions over the last five years, Tencent has maximized its outreach th[......]

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