Independent Study Finds Taobao.Com Holds 57% Market Share in China's Online C2C Market
Posted on: Friday, 9 December 2005, 09:00 CST
Latest Analysys Study Confirms Taobao.com Clear Market Leader vs. eBay China
BEIJING, China, Dec. 9 /Xinhua-PRNewswire/ -- A new study by Analysys International has confirmed Taobao.com to be the market leader in China's online C2C market, with a 57% market share, vs. a 34% market share held by eBay China. The study also predicts Taobao.com's leadership will continue into 2006 when, according to Analysys, ''Taobao.com will likely dominate the market.''
The market share data is based on the transaction volumes, or Gross Merchandise Volume, handled by China's online consumer-to-consumer marketplaces. Gross Merchandise Volume is the global industry standard metric for determining market share in the C2C market.
In addition to confirming Taobao.com's market leadership, the Analysys study found the overall China C2C market has grown dramatically in the first three quarters of 2005, reaching more than US$1billion in total transaction volume -- nearly double the transaction amount for the full year of 2004.
Additional details about the report and Analysis International can be found on the Analysis International website: http://english.analysys.com.cn/ .
About Alibaba.com Corporation
Alibaba.com Corporation is China's leading e-commerce company, operating the world's largest online marketplaces for both international and domestic China trade, as well as China's most popular online payment system, AliPay. Alibaba.com also owns and operates Yahoo! China, which it acquired in October, 2005.
Alibaba's Portfolio of Businesses
Alibaba International ( http://www.alibaba.com/ ) is the world's largest import-export marketplace primarily serving Small and Medium-Sized Enterprises (SME's) in the international trade community.
Alibaba China ( http://www.china.alibaba.com/ ) is China's largest online marketplace for domestic trade among businesspeople.
TaoBao ( http://www.taobao.com/ ) is China's most popular consumer-to- consumer trading site.
Yahoo! China ( http://www.yahoo.com.cn/ ). Yahoo! China, a division of Alibaba.com, is a leading internet search brand serving China's consumers and businesses. In October 2005, Alibaba.com acquired Yahoo! China and formed a long-term strategic partnership with Yahoo! Inc.
AliPay Online Payment Solution
Alibaba operates AliPay ( http://www.alipay.com/ ) which enables individuals and businesses to securely, easily and quickly send and receive payments online.
Alibaba.com's Team
Alibaba.com was founded in 1999 and is based in Hangzhou, eastern China. It has approximately 3,000 employees and 14 regional offices across China and other offices in Hong Kong, Silicon Valley, and Europe.
For more information, please contact: Alibaba.com Corporation Porter Erisman Vice-President, Corporate Marketing Mobile: +86-138-1782-6630 Email: porter@alibaba-inc.com Worldwide Communications & Television for Alibaba.com Marcy Simon (Media Relations) Tel: +1-212-445-8220 Email: Marcy@wctv.com
Alibaba.com Corporation
CONTACT: Porter Erisman, Vice-President, Corporate Marketing ofAlibaba.com Corporation, +86-138-1782-6630 or porter@alibaba-inc.com; MarcySimon (Media Relations) of Worldwide Communications & Television, forAlibaba.com, +1-212-445-8220 or email: Marcy@wctv.com
Web site: http://alibaba.com/
Source: PRNewswire
Related Articles
- GSMA and International Finance Corporation Partner to Support Investment in the Renewable Energy Base Station Market
- International Speedway Corporation Names Vice President, Multi-Channel Marketing and Chief Information Officer
- Mars North America Inks NASCAR Marketing Partnership With International Speedway Corporation (ISC)
- China Nutrition Market Report 2007 Report Reveals That China's Domestic Supplement Market Expanded to $6.7 Billion in 2006
- The Report 'China Alcohol Market Report 2008' Provides Statistics of the Sales Scope of Such Alcohol and Provides Predictions on Their Market Size From 2007 to 2011
- The 2008 China Beer Market Report Announces That Large-Sized Beer Enterprises Accomplished CNY 83.88 Billion Sales Revenue in the Year, Up 16.37%
- International Technidyne Corporation Says CMS Decision to Expand Coverage for INR Self-Testing Will Increase the Market Opportunity for Its ProTime(R) Microcoagulation System
- Examine the China Dairy Market
- International Dispensing Corporation Announces Exclusive Agreements With 7-Eleven and White Hen; Two Convenience Store Chains to Carry New 3-Inch Beverage Carafe for On-The-Go Market
- ProxyMed, Inc. Successfully Completes Internal Analysis and Announces Reorganization to Address the Unmet Needs of the Evolving Healthcare Market
 |
 |
User Comments (0)
RSS Feeds