China E-Commerce
Chinese E-Tailer Enters Into $160m Partnership
Specialist babycare ecommerce sites are huge business on the Chinese web and that motivated Gome to enter into $160m partnership with Quinbaby.com. The new portal, specialising in maternity and babycare products, will be online within the first half of the year and is expected to be one of China’s top three B2C online sellers in that specialist area. It is suspected that this move, by Gome, has also been sparked by a similar move by Suning, who recently acquired Redbaby.
Source: Tech In Asia
China Digital
Only 20,000 Twitter Users In China
Despite previous stats claiming China had tens of millions of Twitter users, a recent study suggests that there are fewer than 20,000 in the country. A Chinese programmer analysed all the tweets in Chinese posted around the world at one point in time and divided those posts by time-zones to work out how many were from mainland China; however, posts made in other languages were excluded which decrease the robustness of this study.
Source: Tech In Asia
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