According to HSBC, the Chinese O2O (online to offline) market is more than $150 billion in size with just 4% internet penetration. The online portion of this market surged 80% year on year to $47 ...
Despite its exceptional growth and the role it has played in transforming the retail landscape, ecommerce only accounts for about 5 percent of all retail sales. The main reason the majority of ...
Alibaba Group Holding Ltd BABA has been promoting its recent $4.63 billion investment in consumer electronics retailer Suning Commerce Group Co Ltd as its latest push toward “O2O.” O2O is a buzzword ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s e-commerce industry is no longer just about selling goods on the internet. As internet penetration has ...
58.com is the clear leader in the home services O2O sector, with a huge user base of more than 300m monthly active users. And the O2O site further enhanced this dominant position in April 2015, by ...
In China's competitive and fast-growing online-to-offline (O2O) market, more and more entrepreneurs are looking into customers' homes for untapped opportunities. Now Chinese customers have their nails ...
It would seem the hype in the lead-up to Singles Day was justified, with Alibaba posting a record $17.8 billion in online sales, easily surpassing the $14 billion record set in 2015. A startling ...