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Quote:Chinese e-commerce sales last year hit a record 553.1 billion yuan (US$68.72 billion), an increase of 58 per cent over 2004; and the momentum is set to continue this year, says a new study.

The consumer-to-consumer (C2C) market has become the new growth point, with a turnover of 13.5 billion yuan (US$1.68 billion) triple the 2004 volume...

Domestic online auction site Taobao.com, which has 70 per cent of China's C2C market users and conducted transactions worth 9.7 billion yuan (US$1.2 billion) last year, has beaten the Chinese unit of US auction service eBay to become the No 1 C2C website in the country by offering free services...

Book, audio and video purchases topped the online shopping list, but sales of computers, mobile phones, digital cameras, mp3 players, airline tickets and accessories have increased by a large margin.

full article: http://english.people.com.cn/200602/20/e...44208.html

Taobao.com has 70 per cent of China's C2C market.



Go Taobao.com

Quote:Analysys International, a leading Internet based provider of business information about technology, new media and telecom (TMT) industries in China, says China's customer-to-customer (C2C) market users reached 37.87 million by the end of 2005, more than doubled from 15 million in 2004. Total transaction value increased from RMB 4.16 billion in 2004 to 13.924 billion in 2005.

According to the research report China C2C Market Quarterly Tracker Q4 2005 recently released by Analysys International, homegrown C2C service provider Taobao.com occupied a leading 57.74% share of the total transaction value of China's C2C market in 2005, followed by eBay China 31.46%, 1Pai.com.cn 5.75%, and Paipai.com 3.76%. Taobao kept rapid growth and Paipai also gained momentum.

full article: http://english.analysys.com.cn/3class/detail.php?id=174&name=report&FocusAreaTitleGB=&daohang=Internet&title=China's%202005%20C2C%20market%20users%20reached%2037.87%20million%20with%20transaction%20val...

1pai (Yahoo Auctions China) was  merged into Taobao at the beginning of this year so the figures are really Taobao 63.49% eBay 31.46%.

Apparently the Chinese people prefer not to get  on by Meg

Hope they can keep it up.

eBay has the eyeballs...NOT