Month: August 2024

With 4.4 millions new companies, China is becoming the new startups “el dorado”

China is becoming the new startups place
The last years, many startups was borned in China in a positive entrepreneurship atmosphere. Indeed, when young Chineses degreed, they want to create their own business. They have many ambitions for their futur especially due to the biggest famous companies which succeed in the world such as mobile market, or Social Networks in China.

58% of Chinese consumers prefer purchasing imported products online !

The e-commerce is booming in China these last years. In addition, China’s growth economy invloved a new kind of consumers who have more expectations regarding their purchasing. Thus, they need more authenticity and innovative products. Nowadays, Chinese consumers doing shopping online.

Ecommerce Hack Companies Sued by Alibaba in Attempt to Burnish Reputation

According to the latest reports from Chinese media, Alibaba has recorded a claim against Hangzhou Jianshi Technology Co., Ltd., the organization behind snap cultivate site Shatui, for harming the validity of Alibaba’s Chinese commercial centers. The web based business monster has requested 2.16 million RMB (312k USD) in pay for fake practices on their stage. On the off chance that they win, Alibaba says they will utilize the cash to build up against snap cultivate support. This is the first run through a Chinese web based business organizations has attempted to sue a tick cultivate firm.

JD, eCommerce Giant, Made Apology for User Data Leakage

Chinese e-commerce industry never fails to provide interesting news. There are lots of things happening in this market that are keeping journalists, newscasters, media, and the public on their toes. Sometimes this market gets the attention of the Chinese government and international media. The same kind of incident happened recently. The news was that the Chinese e-commerce giant JD has apologized for a user data leak in an official announcement. The data leak exposed millions of users’ personal information like usernames, passwords, email addresses, QQ accounts, ID numbers, and phone numbers. Although the apology is no good years later, as JD claims that the leak actually took place in 2013, it is attributed to a security loophole in Apache Struts 2. This is an open-source web application framework that is used widely by Internet companies and governments. It uses and extends the Java Servlet API to encourage developers to adopt a model–view–controller architecture.

Alibaba innovated and surprised with the AR , AI

Alibaba Surprised Everyone Through its AR, VR, AI and Robotics Plans

Alibaba is not only an e-commerce company, at least, not anymore. It has become a country of its own with the immensely strong economy. The strength of Alibaba’s economy can be imagined from the fact that on the event of Single’s Day Alibaba earned 120.7 billion RMB. It is equivalent to 17.8 billion USD and it is the record because no company has ever earned this much money in the single day in the history of mankind. This success is not new for Alibaba because every year Alibaba enjoys a high number of sales of Single’s Day.

Sell in China: Top 10 challenges for International Brands

Local national brands are often expensive and of a poor quality, this puts Chinese consumers in a vicious circle of constant search for brands that they can trust.To sell in China, Brands has to solve their problems to success .

JD.com on the way to dethron the giants Baidu and Weibo

The E-retailer, JD.com is about to become the third-largest Internet company in China. The efficiency of its distribution network has made it possible to raise the distributor to the same level as the giants of the sector. (Baidu & Weibo)

Amazon China is Battling to Find its Place on the Chinese E-Commerce Battlefield

Amazon released its Key membership method in China very last Oct, however it has not found substantially results within the nation considering that then, The Wall Road Journal studies.

The New Era of Retail in China

Chinese tech companies are developing completely new business models that are totally different from those born in the Western world. It is also true that it is more difficult to have information on the digital market in China, closed behind the firewalls that isolate it from the rest of the world and make it an ecosystem in its own right.

How to make Chinese customers trust your business?

More and more foreign companies and international businesses start to look on the Chinese marketing potential since the population here is growing as incredibly fast as it’s income. Additionally to still lack of the high quality products and services it makes local market extremely opened for the new comers. However, even such well-known Western brands as Coca Cola, AirBnB, Max Factor, Costa, Gap, Uber and many others had problems building the relationships with the mysterious Asian customers. One of the reasons for failure is a bad first impression or simply not trusting the new product/company. Branding and e-reputation is the key for success.