SHANGHAI, Jan 23, 2008 (SinoCast via COMTEX) - TaoBao.com, a consumer-to-consumer (C2C) business platform established by Alibaba.com Corporation, released that its gross merchandise value (GMV) exceeded CNY 43.31 billion in 2007, soaring 156.3% year on year.
The figure is close to the CNY 53.3 billion combined sales of Wal-Mart Stores Inc. (NYSE: WMT), Carrefour Group and Lotus Supermarket Chain Store Co., Ltd., three global retailer giants, in the Chinese market in the year. The shining performance made TaoBao.com the No. 2 integrated mart in China, after Bailian Group Co., Ltd. that recorded a CNY 77.1 billion GMV.
The user number of TaoBao.com totaled 53 million in 2007, rising 76.7% from the 30 million in 2006. Meanwhile, the number of its online goods and unique visitors per day reached 116 million and 9 million, respectively.
Total turnover of the Chinese online shopping market amounted to CNY 59.4 billion in 2007, rising 90.4% from the CNY 31.2 billion a year earlier, according to data. And the figure is expected to hit CNY 1 trillion in 2012 at the latest, accounting for 5% to 8% of the total retail sales of consumer goods.
Thursday, January 24, 2008
Subscribe to:
Post Comments (Atom)
Posts
0 comments:
Post a Comment