Tag: VC China

  • Cashback News: What’s up with China’s Singles Day promotion and sales projections?

    Cashback News: What’s up with China’s Singles Day promotion and sales projections?

    Alibaba has already racked up more than $1 billion in sales and more than $5.2 billion in the first hour with more than 84% of sales on mobile devices. 2015 Singles Day sales were $14.3 billion in China for one day alone. compared with a $5.8 billion in US Black Friday/Cyber Monday sales.

  • Cashback News – Sept 23: China e-commerce news, trends and innovations

    Cashback News – Sept 23: China e-commerce news, trends and innovations

    Today, we’re looking at e-commerce news and innovations in China. iResearch reported 2016 Q2 e-commerce sales reached $167.5 billion in China compared to $131.3 billion in Q2 2015. Mobile sales were an impressive 70.1% of sales. Spending online offshore by Mainland Chinese reached $17.9 billion in 2015 according to iResearch. 109 million outbound Chinese tourists traveled last year and…

  • Cashback News – Aug 31: E-commerce driving Chinese economic growth in 2016

    Cashback News – Aug 31: E-commerce driving Chinese economic growth in 2016

    eMarketer reports China will become the largest e-commerce market in the world by the end of 2016, reaching $899.09 billion or 47% of all online sales. Online sales will hit $2.416 trillion in 2020 and mobile will account for 55.5% of all ecommerce sales in 2016 and reach 68% by 2020.

  • Cashback News – July 13: What’s the magic to Alibaba’s global e-commerce success?

    Cashback News – July 13: What’s the magic to Alibaba’s global e-commerce success?

    Like Amazon, Alibaba is a global e-commerce powerhouse. As with its competitor, Alibaba’s success is primarily driven by its CEO Jack Ma. It’s a fascinating company to analyze and we’ve got a roundup of recent news to keep you up-to-date on Alibaba’s growth, strategic directions and acquisitions. One of Alibaba’s key strategies is its “Iron Triangle” combining e-commerce,…

  • Cashback News – June 16: China e-commerce grows despite soft economy

    Cashback News – June 16: China e-commerce grows despite soft economy

    We’re overdue for an update on the China market and e-commerce, so here’s the latest news, highlights and developments. 13% of Chinese consumers spent more than $85.7 billion on cross-border e-commerce, reflecting strong interest in foreign products. Chinese authorities postponed a proposed cross-border e-commerce tax for one year to the relief of e-commerce companies and consumers.…

  • Cashback News – May 18: China e-commerce news roundup

    Cashback News – May 18: China e-commerce news roundup

    Today, we’ve got a roundup of China e-commerce news, new developments and trends. According to Business Insider, Chinese e-commerce is growing quickly but still faces a big challenge of logistics and getting products to consumers in “the last mile.” Luxury products in China are growing leaps and bounds as the Chinese middle class grows even…

  • Cashback News – May 13: VCs – Where’s the money going in Q1, 2016?

    Cashback News – May 13: VCs – Where’s the money going in Q1, 2016?

    E-commerce, technology companies and startups depend on venture capital for growth, market development and marketing. Today, we take a look at recent VC news, developments and some interesting insights. While e-commerce is only 7% of retail sales in the US, CB Insights scopes out 75 startups that are reshaping how and where consumers buy online. Entrepreneur and…

  • Cashback News – April 15: Can Alibaba keep working its business growth magic?

    Cashback News – April 15: Can Alibaba keep working its business growth magic?

    There’s just one question on everyone’s mind about Alibaba, from VCs, investors, business partners and market watchers to e-commerce, logistics, payment services, clients and competitors around the world. Like Amazon, how far can it go and how big can Alibaba grow? Will the magic last? Today, the answer is as big as it wants to be, in every niche…

  • Cashback News – April 14: China watch: e-commerce news, updates and innovations

    Cashback News – April 14: China watch: e-commerce news, updates and innovations

    Our focus today is a roundup of China news, innovations, new developments and trends. Chinese economy hasn’t recovered but big e-commerce players are still doing significant business inside the country and through outside investments and collaboration to bring in international goods. Some have called new China regulations a “crackdown” Australian dairy cooperative Murray Goulburn sees it…

  • Cashback News – Mar 18: What’s the news and chatter about China e-commerce?

    Cashback News – Mar 18: What’s the news and chatter about China e-commerce?

    Post-Chinese New Year and following the economic downturn in 2015, there’s been a lot of new chatter about e-commerce in China. We’ve got a comprehensive roundup of recent developments, research, news and insight to keep you up-to-date. China’s 100 million foreign travelers are reshaping global luxury retail marketing strategies. Vogue will start streaming fashion news via What’sApp and…