30 billion dollars in 24 hours. That is the result of this year’s Single’s Day. In 2017, even foreign marketplaces had a daily increase of 6% to 9% on this day. But what if your website were to suddenly crash down due to this traffic peak? We talked about compliance challenges last time, but China …
Connecting everyone across the globe that works with Magento Commerce. That is the main goal of Meet Magento, who have been organizing live events in more than 40 countries since 2009. On 11 and 12 November, Meet Magento Shenzhen is organizing its second edition. Initiated in Germany and driven by the Meet Magento Association, this …
The China Cyber Security Law and the new China eCommerce Law. Both have great impact on international companies already active or looking to start in China eCommerce. Especially for China eCommerce cloud hosting solutions, data storage and protection it will be challenging for companies to ensure legal compliance. Violators could receive fines up to 2 million RMB and even have their business license …
More than 400 million monthly users and an explosive growth of 4.884% in the past year. WeChat mini programs have definitely found their niche to roaring success in the past months. We highlighted strategies and case studies on successful mini program strategies in a previous article. But what is currently happening with mini programs? Is it …
When it comes to Chinese online marketplaces they are numerous, large and competitive. Alibaba, JD.com and Tmall are no strangers anymore to the worldwide audience. So let’s take a look at some of the other influential players. In this article, we delve into the characteristics and recent developments for 3 other marketplaces you might be …
The masses have the power, especially in China. However, the masses and quality content go hand in hand on the currently hot Chinese app Xiaohongshu (Red, literally Little Red Book). Only a few months ago, this social commerce unicorn raised 300 million USD in its Series D round of funding from investors including Alibaba Group. …
On August 31 2018, the National People’s Congress passed the highly anticipated new China eCommerce Law. This new eCommerce law reviews penalties for China’s dynamic eCommerce market, regulates operators in key aspects and puts emphasis on consumer protection. Currently, the original text of the new eCommerce law is only available in Chinese. In this piece, …
In our last blog we mapped out the Southeast Asian eCommerce market. In this follow-up, we zoom in on one of the landmarks: online marketplaces. Looking at a glance, these names might not be as familiar to you like Alibaba or Tmall. Their numbers however are no less impressive. How do the largest Southeast Asia …
Operating a successful eCommerce business in China and ready for your next step? Well, stay close by because the Southeast Asian (SEA) Region is booming. Google and Temasek’s e-Conomy SEA Spotlight 2017 report predicts Southeast Asia’s internet economy to reach 200 billion USD by 2025. Online travel, eCommerce, and online media will primarily drive this development. …
China’s internet- and mobile phone penetration rates are 92% and 96%. Furthermore, more than 900 million users daily open WeChat. Foreign businesses looking to do cross-border eCommerce in China will first-hand experience that economic and technological development go hand in hand. So how to incorporate WeChat into your multi-channel eCommerce strategy? As the biggest consumer …