News about Ecommerce in China
jD and Dangdang come with CR very respectable 85 and 83, respectively, while Jumei has a so-so CR 73. Alibaba Group, by far the No. 1 e-commerce company in China, is expected by the end of this month to one of the largest IPOs in the United States forever, but just add to a list already significant e-commerce Chinese companies trading in the United States
In IBD Composite Rating (cr), the best China e-commerce companies are E-Commerce China Dangdang (NYSE: DANG), JD.com (NASDAQ: JD) Jumei International Holding (NYSE: Jmei) Vipshop Holdings (NYSE: VIPS) and 58.com (NYSE: WUBA).
Two of the companies, and Vipshop 58.com, sports the highest possible CR 99. CR ranks companies by key measures, including earnings growth and sales
Fashion and ecommerce in ChinaVipShop Guangzhou specializes in clothes at big discounts. Fashion firm e-commerce Web-only reported a 145% increase in revenue to $ 1.7 billion in 2013 and its first annual profit. The company says it is positioned to continue its growth by developing and optimizing its product offerings and improved merchandising, warehousing and technological capabilities.
58.com has made its IPO in October. It has a market and business model similar online in United States online classifieds site Craigslist-. Shenzhen-based aggregates and processes orders 500.com lottery Web and leads the market for sports online lottery in China with about 30 million registered users.
JD.com based in Beijing with over 40 million items for sale on its website, all the computers and mobile phones to household appliances, auto parts, clothing, luxury goods, food and nutrition, books, e-books, music, movies, plane tickets and hotel reservations. Hong Kong stock market, Tencent Holdings - top rival Alibaba - this year bought a 15% stake in JD.com.
Tencent and EcommerceTencent also recently announced it would buy a 19.9% stake in 58.com.
DangdangDangdang offers books, other media products and general merchandise in areas such as fashion and apparel, baby, children and maternity, and home and lifestyle. Its program of market allows third-party merchants to sell their products alongside products from Dangdang itself.
Jumei offers brand cosmetics and clothing big discounts through its flash shopping malls and online sales.
One third of Chinese consumers shopped online more than 40 times last year, according to a report by the China Internet tracking company iResearch.
Last month, the American Web portal Yahoo (NASDAQ: YHOO), which holds a 22.6% stake in Alibaba, announced an agreement to sell a number of shares in the IPO Alibaba, give more benefits shares of the company China increases. It stil sell 140 million shares in the IPO, and Yahoo said it will return at least half of the proceeds to shareholders.
Participation Yahoo in Alibaba is worth about $ 26 billion, according to IPO filing the e-commerce giant China in May.
Written by Yang