eCommerce has become a normal part of life almost everywhere on the globe. Its average penetration (share of sales made online) in 2021 was about 20% worldwide, and it is expected to slowly but steadily grow by 1 percentage point annually. This information is a great backdrop to show where China is: in the middle …
The original version of this article was written in 2018. We monitor the situation with the bonded warehouses in China, keeping this material up to date. Latest version was updated in February 2022. It’s never been easier to sell to China from abroad than now. The Chinese government has made a concerted effort to simplify …
The first version of this article was published on our website in 2017. The Chinese eCommerce landscape is one of the fastest changing in the world – we have been updating this material yearly to keep up to speed with these dizzying developments. The latest update was in February 2022. Surviving China’s eCommerce landscape isn’t …
We have published the first version of this article in the beginning of 2020, not too long after China’s new eCommerce Law went into effect in 2019, when all the major cross-border eCommerce platforms have finished their transition to full compliance. Since then we have been updating this post yearly, tracking the changes that happened …
eCommerce in China is estimated to exceed 1.5 trillion USD in 2022 – which is about a third of the global eCommerce market. The growth rate of eCommerce in the world is quite fast, about 9-fold in the last decade, but the Chinese staggering growth rate eclipses even that – in China the eCommerce market …
Drawing a blueprint of a successful pharmaceutical B2B eCommerce In this post we’d like to express our warmest congratulations to Henry Schein and their Chinese B2B eCommerce project. TMO Group was happy to participate in the inaugural event in the First Hemao Mall in Guangzhou, where the successful launch of the new platform hshemao.com has …
Cosmetics and makeup is a huge market in China. It is predicted to surpass 450 billion yuan in 2021 (about 70 billion USD). China is still behind the biggest makeup market in the world (that would be the US with about 80 billion USD), but it is catching up quickly. About 70% of sales are …
On November 1st 2021, a new Chinese law, aptly named PIPL, or Personal Information Protection Law, took effect. PIPL is a major piece of legislation that aims at protecting personal information in China, together with Cyber Security Laws (CSL) and Data Security Laws (DSL), it establishes a framework for handling personal information in one of …
In part two of our eight part series of digital transformation in B2B eCommerce in China, we discussed how companies in the field can assess their level of digital maturity, and how COVID-19 has rendered it necessary, (if it wasn’t already before the pandemic), for companies to ramp up their digitalization efforts in order to …
In article 1 of our 8 part series on conducting B2B eCommerce in China, we looked at digital transformation. In this article, we look at how companies can assess their digital maturity when embarking on B2B eCommerce. According to a recent survey that TMO Group conducted among eCommerce professionals, most respondents believe that digital transformation …