Online retailers in spat with peers

Editor's note: The e-commerce industry is booming, ushering in a revolution that rocks traditional shops and grocery stores. Online shopping has largely changed people’s lifestyles, where tasks that once took hours can now be done with a few mouse clicks. In a jungle where online retailers are vying for customers’ attention, who will be the winner?

Online retailers in spat with peers

Online retailers in spat with peers

Battle for buyers heats up among e-commerce giants

It's a summer of competition everywhere. While a soccer championships in Europe arouses spectators' enthusiasm, Chinese e-commerce websites are waging a battle of their own for consumers' eyeballs.

New price war among Internet retailers

A new price war has broken out as cash-abundant e-commerce sites, enjoying a round of fresh financing from private equity firms, seek a share of an explosion in online shopping.

Online retailers go head-to-head

China's e-book industry has become the latest battlefield for the nation's top online retail giants while most publishers and industry insiders are playing wait and see.



Online retailers in spat with peers

Online retailers in spat with peers

"Xiaomi is unique because it may be the only company in China that has integrated hardware, software and services from the very beginning. It's in Xiaomi's DNA. Combining those three critical parts is also the secret of Apple's success."

--Lei Jun, chief executive officer of Xiaomi Corp

"Just because he (Lei Jun) is wearing a black T-shirt and blue jeans does not make him a second Steve Jobs. The malfunctioning smartphone Xiaomi has nothing compared with the iPhone……it is all business, nothing personal."

"QQ has no right to invade the privacy of its users through scanning, monitoring and loading information with QQ doctor."

"360 has no plan to set foot in the IM (instant messaging) business to compete with QQ, and plagiarism is not the work style of 360."

--Zhou Hongyi, chairman of Qihoo 360 Technology Co

"I was told by Lei Jun that all games on the Jinshan online portal had been blocked by 360. What a blatant, wicked revenge......QQ has also felt a similar pain."

--Ma Huateng, chief executive officer of Tencent Holdings Ltd


Online retailers in spat with peers

Online retailers in spat with peersXiaomi gets $216m

Chinese smartphone manufacturer Xiaomi Corp secured $216 million during its latest round of financing, the company's founder and president said.

Company president Lei Jun said the funding came from "leading international investment firms" but did not...[Full stroy]

Online retailers in spat with peersXiaomi, Qihoo online spat hides tensions

Lei Jun, founder of Xiaomi Corp, and Zhou Hongyi, chairman of the Chinese online security software developer Qihoo 360 Technology Co, lost their tempers and criticized each other on micro blogs.

On May 15, when Xiaomi released its youth version smartphone at 1,499 yuan ($235), Qihoo 360 announced a partnership...[Full story]

Online retailers in spat with peersSmartphone market a 'battlefield'

New mobile phone players, including Xiaomi, Shanda and Qihoo 360 Technology Co, do not expect to make profit by selling hardware.

"They dreamed of copying the success of Apple to make money from providing software and various applications...[Full story]

Online retailers in spat with peersTencent, Qihoo 360 face off in court

A high-profile dispute over online monopoly between China's Internet giants hit the off-line world during a court hearing in Guangzhou, Guangdong province, on Wednesday.

Tencent Holdings, China's largest instant messaging service provider, was accused in the Guangdong High People's Court on Wednesday of abusing...[Full story]

Online retailers in spat with peers
Online retailers in spat with peersNetEase asks Tencent to withdraw copycat app

The 2.0 version of Tencent Holdings Ltd's news app for the iPhone was a complete duplicate of NetEase's product, NetEase said in announcement on April 12.

NetEase said Tencent's product directly copied the design and functions of its news app, including the layout, and the webpages for follow-up and pictures. It asked Tencent to voluntarily pull out the copycat app from the App Store.

Tencent said its app is based on interactive design modules recommended by Apple Inc.

Online retailers in spat with peersDianping and NetEase in app dispute, China's largest user-generated and edited urban consumption portal, said NetEase's mobile app "fanfan", a restaurant recommendation engine, copied contents compiled by Dianping, including basic information, specialties and recommended dishes of different restaurants.

Jin Lei, vice operating executive of NetEase's Youdao, said fanfan's business model was completely different from Dianping, and there was no infringement of contents.

Unlike Dianping, Fanfan offers personalized search results for each individual user, and information about restaurants is accessible as it is being published.

"If there are issues relating to copyrights, then the copyrights belong to the restaurants, instead of Dianping," said Jin, "and NetEase will not withdraw the app."


Online retailers in spat with peers

Online retailers in spat with peersOutspoken, straightforward

Compared with most public company CEOs, who are usually reserved and mannered, Li Guoqing, the co-founder and chief executive officer of E-Commerce China Dangdang Inc looks is outspoken, straightforward and sometimes bad-tempered.

"It's a scarce resource in society, and I should play this role," he said, referring to some public comment he made on commercial affairs. [Full story]

Online retailers in spat with peersDangdang and Gome to cooperate

E-Commerce China Dangdang Inc may join hands with Gome Electrical Appliances Holding Ltd, the electronics retailer, to develop its product portfolio in the face of increasing challenges from competitors.[Full story

Online retailers in spat with peersNew chapter for Dangdang

E-commerce China Dangdang Inc started selling e-books, offering 50,000 titles from 200 publishers, and the number of e-book titles is expected to exceed 100,000, since Dangdang is in talks with 100 more publishers. [Full story]


Online retailers in spat with peers

Online retailers in spat with peers 

Online retailers in spat with peersFull speed ahead for 360buy

Jingdong Mall, a major Chinese online retailer, has been in and out of the spotlight.

With the aggressive expansion of its business portfolio, frequent changes in senior management, and rumored plans for going public, Jingdong enjoys both admiration as a possible Chinese answer to Amazon Inc and doubts about problems with its rapid expansion. [Full story]

Online retailers in spat with peers360buy reaches out in logisitics, the largest online store in China by market share, plans to spend 8 billion yuan ($1.2 billion) on improving its logistics and customer services over the next five years, after receiving an investment of $500 million from several venture capital companies.  [Full story]

Online retailers in spat with peersJingdong Mall to tap e-book market

Jingdong Mall is planning to launch an e-book service to tap into China's emerging e-book market. The service will offer more than 80,000 e-books upon being launched, with a goal of offering 300,000 e-books by the end of the year. [Full story]

Online retailers in spat with peersNew name, same game

Amazon China's strategy has turned more aggressive with more investment from its US-based headquarters in Seattle.

Billboards and TV ads remind Chinese consumers that Amazon China is not only an online bookstore, but also an online mall.

It also plans to bring more international approaches to China, including the hotly discussed Kindle Fire. [Full story]

Online retailers in spat with peersAmazon to ring the changes Inc, the world's largest e-commerce company by market share, announced the opening of its latest order-fulfillment center in Kunshan, Jiangsu province.

It also announced a new name for its Chinese operation and a shorter domain address. The former Joyo Amazon is now Amazon China and its shortened domain address,, will link to, the official website of Amazon China. [Full story]


Online retailers in spat with peers

Online retailers in spat with peers 


Online retailers in spat with peersAlibaba eyes rapid growth in next 5 yrs

The Chinese e-commerce giant Alibaba Group Holding Ltd expects the value of the transactions conducted on its two online shopping arms, and, to hit 3 trillion yuan in the next three to five years. [Full story]

Online retailers in spat with peersTmall to offer customers $47m

Alibaba Group Holding Ltd plans to spend 300 million yuan on summer promotions for goods sold through its Tmall. The website, which operates a marketplace similar to eBay Inc's, is subsidizing its vendors' deals for their customers. [Full story]

Online retailers in spat with peersAlibaba turns to next page

Alibaba Group Holding Ltd has launched a book-selling service through its subsidiary, which will put it head-to-head with competitors including bookseller-turned e-commerce operator E-Commerce China Dangdang Inc and the Chinese branch of Inc. [Full story]

Online retailers in spat with peers

Online retailers in spat with peersE-commerce rakes in 5.9t yuan

China's e-commerce trade volumne totaled 5.88 trillion yuan in 2011, 29.2 percent more than that in the previous year, and contributed 12.5 percent to the nation's gross domestic product, said Vice-Minister of the Ministry of Commerce (MOC) Jiang Yaoping on Tuesday in Beijing.

The country recorded 750 billion yuan in online retail sales last year, which contributed more than 4 percent to total retail sales of consumer goods, said Jiang at the China E-Commerce Conference. [Full story]

China will become the world's largest online retail market in 2013, following years of fast growth, a Ministry of Commerce (MOC) official forecast on Tuesday.
China recorded 194 million online shoppers and 782.56 billion yuan ($123.72 billion) in online retail trade by the end of last year, said Li Jinqi, director of the information technology department of the MOC, during a conference on e-commerce held in Beijing. [Full story]
Venture capital and private equity companies showed great enthusiasm for investing in new Chinese Internet companies in 2011. The year saw $5.8 billion put into such businesses, a record high.
Venture capital firms from home and abroad spent $3.3 billion, or 3.6 times as much as in 2010, on 276 investments in China's Internet industry last year, according to a report issued by the Beijing-based investment consulting company Zero2IPO Group.
Private equity firms invested $2.5 billion in Chinese Internet companies, an increase of 124 percent year-on-year, the report said. [Full story]
The market size of China's online advertising reached 14.03 billion yuan ($2.22 billion) in the first quarter of 2012, according to survey results released on Wednesday.
The figure represents 56.2 percent year-on-year increase, and 5.6 percent decrease compared to the last quarter of 2011, according to the results of a seasonal survey of the online advertising market conducted by Enfodesk, a think tank that researches new media economics in China. [Full story]

Online retailers in spat with peersChinese Internet users to hit 800m by 2015

China aims to make its Internet services accessible to more people in the coming years and bring its total number of Internet users to 800 million by 2015, according to a national development plan.

The number, which accounts for around 57 percent of the total population, includes 200 million netizens in rural areas, according to an Internet development plan for the 2011-2015 period unveiled Friday by the Ministry of Information and Information Technology (MIIT). [Full story]


Online retailers in spat with peers

Online retailers in spat with peers






Online retailers in spat with peers


Online retailers in spat with peers