Market Share of China E-commerce Industry
The China E-commerce market is consolidated with the presence of major players such as Alibaba Group, JD.com, Pinduoduo Inc, among others. These market players hold a significant share in the China E-commerce market. The companies in the region are increasing their presence in the market by introducing new payment systems and entering into strategic partnerships or acquisitions.
- November 2021 - Chinese mobile payment services provider Yeahka Limited announced that it had agreed to invest USD 15.6 million into Qianqianhui, a provider of in-store e-commerce services in China. In exchange, Yeahka Limited will receive 60% of Qinqinhui's enlarged share capital from the company's parent, Dingding Cultural Tourism Co. Ltd. The investment in Qianqianhui is part of Yeahka's accelerating move into in-store e-commerce services.
- March 2022 - Chinese E-commerce company JD.com announced to acquire Deppon Logistics for USD 1.42 billion. The acquisition of Deppon Logistics will expand JD Logistics' capability amid the E-commerce boom resulting from the lockdown measures intended to curb the pandemic.
China E-Commerce Market Leaders
JD.com
Pinduoduo Inc
Suning.com
Alibaba Group
Vipshop Holdings Ltd
*Disclaimer: Major Players sorted in no particular order
