China's biggest C2C e-commerce website, Taobao has grown at an unbelievable rate. Taobao is a mix of Amazon and Ebay with innovations like instant messaging with vendors and an escrow based payment system, Alipay. The parent company, Alibaba, is going public on 9/19/2014 and is set to be a huge IPO. Check out this infographic for some amazing facts about Taobao and e-commerce in China.
1. Taobao Facts
Taobao was founded in 2003. On
9/19/2014 the parent company, Alibaba,
will have it's IPO on the NYSE
Sellers
9.7 millions
jobs created
80% of sellers are
under 33 years old
Shoppers
51.4%
48.6%
62%
BETWEEN 18
AND 29
YEARS OLD
306
million
online
shoppers
in China
Taobao Daily
Unique Visitors
127,793,164
Daily Page Views
1,022,345,312
World's 10th most
visited webpage
Big Sale Dates
8/29/14 - 9/1/14: 1,000 tons of laundry detergent
6/18/14: 1,039,900 cellphones
6/16/14: 300mil RMB in skincare products
11/11/13: 34,2000,000,000 RMB total transactions
11/11 is China's Black Friday, known and single's day
because of all the 1's. The 2013 revenue was triple
that of Cyber Monday in the US
Sources:
www.kpmg.com
www.chinainternetwatch.com
www.forbes.com
www.tao-how.com
sales@tao-how.com
by Nicholas Braman