Ahmedabad Stock:Online retailers in spat with peers

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Ahmedabad Stock:Online retailers in spat with peers

Outspoken, straightforward

Compared with most public company CEOs, who are usually reserved and mannered, Li Guoqing, the co-founder and chief executive officer of E-Commerce China Dangdang Inc looks is outspoken, straightforward and sometimes bad-tempered.

"It's a scarce resource in society, and I should play this role," he said, referring to some public comment he made on commercial affairs. []Ahmedabad Stock

Dangdang and Gome to cooperate

E-Commerce China Dangdang Inc may join hands with Gome Electrical Appliances Holding Ltd, the electronics retailer, to develop its product portfolio in the face of increasing challenges from competitors.[]

New chapter for Dangdang

E-commerce China Dangdang Inc started selling e-books, offering 50,000 titles from 200 publishers, and the number of e-book titles is expected to exceed 100,000, since Dangdang is in talks with 100 more publishers. []

Full speed ahead for 360buy

Jingdong Mall, a major Chinese online retailer, has been in and out of the spotlight.

With the aggressive expansion of its business portfolio, frequent changes in senior management, and rumored plans for going public, Jingdong enjoys both admiration as a possible Chinese answer to Amazon Inc and doubts about problems with its rapid expansion. []

360buy reaches out in logisitics

360buy.com, the largest online store in China by market share, plans to spend 8 billion yuan ($1.2 billion) on improving its logistics and customer services over the next five years, after receiving an investment of $500 million from several venture capital companies.  []

Jingdong Mall to tap e-book market

Jingdong Mall is planning to launch an e-book service to tap into China's emerging e-book market. The service will offer more than 80,000 e-books upon being launched, with a goal of offering 300,000 e-books by the end of the year. []

New name, same game

Amazon China's strategy has turned more aggressive with more investment from its US-based headquarters in Seattle.

Billboards and TV ads remind Chinese consumers that Amazon China is not only an online bookstore, but also an online mall.

It also plans to bring more international approaches to China, including the hotly discussed Kindle Fire. []

Amazon to ring the changes

Amazon.com Inc, the world's largest e-commerce company by market share, announced the opening of its latest order-fulfillment center in Kunshan, Jiangsu province.New Delhi Wealth Management

It also announced a new name for its Chinese operation and a shorter domain address. The former Joyo Amazon is now Amazon China and its shortened domain address, z.cn, will link to amazon.cn, the official website of Amazon ChinaAhmedabad Investment. []

Alibaba eyes rapid growth in next 5 yrs

The Chinese e-commerce giant Alibaba Group Holding Ltd expects the value of the transactions conducted on its two online shopping arms, Taobao.com and Tmall.com, to hit 3 trillion yuan in the next three to five years. []Varanasi Stock

Tmall to offer customers $47m

Alibaba Group Holding Ltd plans to spend 300 million yuan on summer promotions for goods sold through its Tmall. The website, which operates a marketplace similar to eBay Inc's, is subsidizing its vendors' deals for their customers. []

Alibaba turns to next page


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Published on:2024-11-06,Unless otherwise specified, Financial investment plan | Financial investment and investment promotionall articles are original.