In the China market during the fourth quarter of 2006, B2B (business to business e-commerce services) and C2C (customer to customer on-line auction services) web portals generated an estimated total transaction values of 629 million yuan (US$80 million) and 8.27 billion yuan (US$1.05 billion) respectively.
The Chinese government has been increasingly participating in domestic B2B business transactions, especially those through platforms set up by industry organizations and state-run enterprises.
|
China B2B market: Fourth quarter 2006 |
|
Total transaction value |
|
|
Amount (million yuan) |
Q/Q |
|
Domestic sales |
216 |
54.30% |
|
Exports & imports |
413 |
32.90% |
|
Aggregate |
629 |
39.50% |
|
Top web portals by occupation of total transaction value |
|
Alibaba (local) |
68.04% |
|
Global Sources |
12.08% |
|
HC360 (local) |
5.09% |
|
China C2C market: Fourth quarter 2006 |
|
Item |
Description |
|
Total transaction value |
8.27 billion yuan (Q/Q 28.1%) |
|
Total number of users |
67.36 million (Q/Q 9.74%) |
|
Top web portals by occupation of the total transaction value |
|
Taobao (local) |
60% |
|
eBay |
29% |
|
PaiPai (local) |
10% |
Source:佚名