Tuesday, February 15, 2005

Report On China's B2B, B2C and C2C Giant Alibaba (Taobao)

From CHINAdaily: Open sesame to the Net highway

"Alibaba International was launched in 1999, and in this short span (through its website Alibaba.com) has already drawn 1.2 million registered users across some 200 countries; and 1.8 million businesses to its dedicated China site. And Forbes magazine's four-years-in-a-row "Best of the Web: B2B" honour is the feather in its crown."

"We don't have an online competitor (either) in China or in the world," Ma (Alibaba.com's founder, chairman and ceo) says. "Globally, our competitors are the traditional trade magazines such as Global Sources. They are very good. But in China there is nobody. We have 99 per cent of the users." The value of transactions through all its sites in 2004 was more than US$4 billion. ... An official fact sheet ... says US GAAP revenue for 2004 was US$46 million."

"The firm's phenomenal growth saw it expanding into three dedicated B2B portals, before turning its attention to the C2C market in 2003 with the launch of taobao, an online auction website. Taobao competes directly with US online auction giant eBay's dedicated China site, EachNet, for China's more than 90 million Internet users. ... So far, eBay is still ahead in China, but perhaps not for long. EachNet, with 10 million registered users, traded US$360 million worth of goods in 2003, compared to taobao's 4.3 million customers and US$300-million transaction for a US$46-million revenue. But the Shanghai-based EachNet controlled 60-70 per cent of China's online auction market when it was taken over completely by the US company in September 2004." Read more

4 Comments:

At 4:50 AM, Blogger Trog said...

Hi great blog i must remember to bokmark you ... I have a horse racing blog myself I also have a new Online Auction to tell you about here online auction site get yourself $35.00 worth of free Advertising online auction site

 
At 5:54 PM, Blogger cc Infopage said...

Hello,

I am searching around for fresh information
for my cc Infopage, 30,000 daily updated Information Pages about all kind of subjects.

It might interest you to know that your blog has been visited and has been read. I hope you enjoy your "Blogging".

I wish you all the luck I can, keep the good work going!

Kind regards,
Jos
Today's News From & About eBay

Get the eBay Business Box Today

 
At 1:28 AM, Blogger doer said...

Hello, just visited your blog, it's informative. I also have a Eay related web site. Please visit and hope that it's useful.

 
At 12:14 AM, Blogger Zheng junxai5 said...

zhengjx20160623
coach outlet
rolex watches
concord 11
polo ralph lauren outlet
michael kors outlet clearance
celine handbags
coach outlet online
michael kors outlet clearance
coach factory outlet
air jordan 4
adidas superstar
michael kors outlet online
louis vuitton outlet
michael kors outlet
louboutin shoes
adidas stan smith
longchamp outlet
oakley sunglasses
cheap ray ban sunglasses
tods outlet store
nike roshe one
adidas uk
michael kors outlet clearance
fitflop clearance
kate spade outlet
kobe shoes
north face jackets
insanity workout
kobe 10
ray bans
jordan concords
kobe 8
ladies cartier watches
air jordan homme
oakley sunglasses
ralph lauren sale
louis vuitton outlet
christian louboutin sale
coach factory outlet online
replica rolex watches

 

Post a Comment

<< Home