China Retail Landscape is the world’s Leading e – commerce Market.
China’s cross – border E – Commerce is booming to more than $100B expected in 2017 from $87B in 2016 and $58B in 2015.
Each of China’s digital shoppers has spent an average of $474 on foreign goods, up from $447 in 2015.
By 2020, half of China’s digital shoppers (or more than a quarter of the country’s population of about 1.4 billion ) will buy foreign products online, with total sales of $158 billion.
Alibaba is the Largest Retail Commerce Company in the World.
Ma Yun, known professionally as Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses.
As a Unit of Alibaba Group, Tmall Global provides a cross – border business model that offers foreign brands and retailers an opportunity to establish a presence in China via the entire Alibaba Group ecosystem.
Launched in 2014, today, Tmall Global distributes more than 3700 imported product categories and above 14,500 international brands from 63 countries and regions.
For 80% of the brands, this virtual store is their first foray into China market.
As far as France is concerned, more than 10 French brands sucha as LANCOME, PETIT BATEAU, SANDRO, LACOSTE, ETAM, MAJE PARIS, CHEVIGNON, PSA GROUPE, CAUDALIE PARIS, L’OCCITANE EN PROVENCE, DECATHLON, PERNOD RICARD, GUERLAIN have opened flagship stores to access more tha 430 million annual active Chinese consumers via Tmall, the world’s largest online shopping mall.