China, chinese shopping, chinese ecommerce, chinese market, global, global ecommerce, Growing Global, ecommerce, buying online, online marketplace, Marketplaces, tmall.com, Taobao, Shipping/Delivery, shipping, logistics

Chinese Ecommerce Market Pegged at $1.7 Trillion by 2020

| Mike O'Brien

Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion in 2016 sales, coming from 460 million online shoppers, and projects a CAGR of 23% through 2020 – nearly triple the rate of offline sales. See what categories and companies are leading.

Walmart Increases Its Stake in JD.com

| Daniela Forte

Walmart announced it is once again increasing its stake in Chinese ecommerce marketplace JD.com to 12.1%, seeing this as a better route into the massive market than an asset-heavy play. See what this will mean for ecommerce in China moving forward.

Alibaba Singles’ Day Tops 2015 Sales with Hours To Go

| Daniela Forte

Single’s Day, the mega-shopping holiday created by Alibaba Group Holding Ltd., and held each 11/11, has surpassed 2015’s total of $14.3 billion, with several hours left. See what is being predicted for this shopping event and how it will impact shoppers.

Walmart and JD.com Expand China Partnership

| MCM Staff

Three months after entering into a strategic alliance to expand the breadth and convenience of online shopping options for Chinese consumers, Walmart and JD.com have announced a series of new ways for customers to access high-quality products from around the world. The initiatives include exclusive Sam’s Club store and a Walmart cross-border store on the JD.com platform and two-hour delivery from Walmart stores.

JD.com Announces Strategic Partnership with Bacardi

| MCM Staff

JD.com, Inc. China’s e-commerce company and Bacardi, a spirit producer, have jointly announced a strategic partnership. This will allow for JD.com to become a strategic ecommerce partner for its full line of products in China, helping Bacardi build its brand and business in the country.

Alibaba JD.com

Alibaba and JD.com Boast Big Numbers

| Tim Parry

Alibaba Group and JD.com both released quarterly sales results this week that show ecommerce in China shows no signs of slowing down. Here’s what each is doing to drive cross-border ecommerce.

JD.com and Lenovo Announce New Multiyear Partnership

| Daniela Forte

China’s ecommerce company JD.com and Lenovo announced the expansion of their existing relationship in an effort to grow consumer and business demand for Lenovo products throughout China. See how this will benefit and impact both companies moving forward.