April Wu

China Market Strategy

Banking News This Week – Nov 4

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – EastWest continues rapid network expansion

Manila : One of the fastest-growing banks in the country today, the bank plans to open 20 to 30 new branch stores in 2015, mostly in tertiary locations, to capitalize on the anticipated economic growth in rural areas. >>

2 – Mergers, acquisitions important move in restructuring banking system: experts

What is new in 2015, the last year of the three-year project on restructuring the banking system, is the acquisition of small healthy banks by major State-run commercial banks, the World Bank said in a recent report on Vietnam’s economic development. >>

3 – Smartphone boom will drive African data explosion

Vodacom chief executive Shameel Joosub says that the availability of low-cost handsets opens up huge markets for media and financial products on a continent that embraced the cellphone at an incredible rate. >>

4 – Biggest Kenyan bank seeks to strengthen east Africa position

Kenya Commercial Bank Ltd., the country’s biggest lender by assets, is seeking to strengthen its position in three countries in the region to expand its international presence. >>

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April Wu

China Market Strategy

Top 10 China B2C E-commerce Sites 2015

tmall singles day shopping

Since Double Eleven Shopping Festival is coming, most retail brands are so prepared to join this year’s event. Brand owners not only offer discounts in ecommerce sites to attract consumers, but also set up experience areas in physical stores where people can feel the products in hands and purchase online/offline at special prices set for the event. It’s big sales holiday for most famous ecommerce platforms in China.

Below is the ranking of top 10 ecommerce sites in China in 2015 published by China e-Business Research Center.(中国电子商务研究中心) The new study indicates that Tmall was number one among all Chinese B2C retail websites for 2013. The site accounts for a 50.4% share of the B2C online retail market in China, followed by 20.7% of JD and 5.7% of Suning. Following No.4 to No.10 are Tencent (5.4%)、Vip(2.6%)、Amazon China(2.3%)、Dangdang (1.9%)、Gome(1.7%)、YHD(1.6%)、Vancl(0.8%).

 No.1  Tmall.com天猫商城  TB1BOzhJVXXXXXnXVXXXXXXXXXX-190-153
 No.2  JD.com京东商城  jd
 No.3  Suning.com苏宁易购  suning
 No.4  Tencent腾讯电商QQ网购易迅网  buyqq易迅網
 No.5  Vip.com唯品会  vip
 No.6  Amazon亚马逊中国  amazon.cn
 No.7  dangdang.com当当网  dangdang
 No.8  gome.com.cn国美在线  gomelogo
 No.9  yhd.com 1号店  yhd
 No.10  vancl凡客诚品  vancl

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reference

2015 China B2C E-Commerce Market Research   (2015 年(上)中国电子商务市场数据 监测报告)

April Wu

China Market Strategy

Retail News Roundup – Nov 3

The top 5 retail news clips in Asia this week.

Newspaper

1 – Marks & Spencer goes online but via e-tailers Myntra, Flipkart

British fashion and lifestyle brand has been trying to make a foray into the online segment for some time now in the India market. >>

2 – Vingroup announces plan to buy supermarket chain

Vingroup has announced it will buy a 100 per cent stake in supermarket chain Maximark of HCM City-based An Phong Joint Investment Joint Stock Company. >>

3 – Bonia banks on Vietnam, Indonesia

Fashion retailer Bonia is ramping up its presence in Vietnam, Indonesia and Cambodia as it looks to fresh sources of income as sales slide in its home market of Malaysia. >>

4 – FedEx prepares for eCommerce boom

FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11. >>

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April Wu

China Market Strategy

Banking News This Week – Oct 28

The top 5 banking news stories in emerging markets this week.

banking news_cover

1 – Vietnam on track to replace China as new manufacturing hub: experts

With increasing foreign direct investment (FDI) flows into its manufacturing sector, Vietnam stands a great chance of leaping ahead and replace China as the new production center. >>

2 – Malaysia’s AmBank Group increases digital banking spend

Malaysia’s AmBank Group is remodelling its retail banking services with a digital boost, in a move that could give confidence to banks across the Association of Southeast Asian Nations (Asean) region. >>

3 – Six trends shaking up transaction banking

It was an opportune time. Despite immediate conditions, Asia will be the centre for business growth, trade and investment flows for banks and corporates for decades to come. >>

4 – New report explores the mobile banking services in Africa: the emergence of mobile savings, credit and insurance

The mobile money market has been evolving quickly and the African region is witnessing the emergence of mobile banking services including savings, credit and insurance. >>

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April Wu

China Market Strategy

Retail News Roundup – Oct 27

The top 5 retail news clips in Asia this week.

Newspaper

1 – Alibaba group unveils omni-channel retailing plans for 2015 11.11 Global Shopping Festival

More than 1,000 retail brands, with 180,000 stores in 330 cities across China, will participate in this year’s 11.11 Global Shopping Festival. In Beijing alone, more than 8,000 stores will join the 11.11 festival. >>

2 – Hip & Bone China plans 50 stores

Fast-rising Canadian street sportswear fashion label Hip & Bone has formed a joint venture with MRH SpaRotica Groupe to roll out 50 stores in China over the next five years. >>

3 – Yum China to split from parent

US fast food giant Yum! Brands is to spin off its troubled Chinese operation into a separate business. The new company will be called Yum China. >>

4 – Smoothie King Vietnam expansion plan

South Korea’s Shinsegae Group is to buy the Korean network of 105 Smoothie King stores and launch the brand into Vietnam. >>

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