China’s Online Retailers Eye Global Markets; Chinese Firms So Far Pose Little Threat to U.S. Giants
December 21, 2013 Leave a comment
China’s Online Retailers Eye Global Markets
Chinese Firms So Far Pose Little Threat to U.S. Giants
WEI GU
Updated Dec. 19, 2013 7:16 p.m. ET
Chinese Internet retailers serve what has become the world’s biggest e-commerce market. Their next target: the U.S., and the rest of the world. Jingdong Corp., a leading Chinese Internet retailer by sales, has logged millions of yuan in sales on its English-language site in the past year, despite almost no advertising, according to the firm. AliExpress, which Alibaba Group launched in 2010 as its overseas platform, is growing rapidly in emerging markets, reaching 700,000 registered users in Russia alone. Read more of this post





