Feb 26, 2014
In a word, Alibaba is China’s answer to Amazon ( AMZN ) and eBay ( EBAY ), but it is bigger than the both of them combined With the US$170 billion in annual revenue last year, The Economist predicts that the online giant can hit the $1 trillion-mark within five years. Though Alibaba itself is privately held (for the time-being), a number of companies are also vying for a piece of the ever-growing market. Each shop should have a number. When you find one with the right price, memorize the number. At the same time, look at each shopkeeper. Try to find the one your most comfortable with.
Write reviews based on the level of service, the ability to answer questions, speed of response, even the design of their website! Anything which you believe would be of use to other online shoppers! Stores will be encouraged to get involved so they can see possible issues and improve their service. We also plan to award the best stores at the end of each year with the “GizChina Award of Approval” (a better name would be welcome) to further help prospective customers navigate the minefield that is Chinese online shopping. Work in progress, suggest stores you want added
Ed Mort of Los Gatos arrived at Valley Fair shortly after 9 a.m., and before 1 p.m. he was happily getting his purchases wrapped at the mall gift-wrapping station. Among Bay Area sports fans, there was another reason to finish shopping on Sunday – the San Francisco 49ers game on Monday, when the team plays its last game at Candlestick Park before it moves into its new $1.3billion stadium next season in Santa Clara. While Sunday closed out one of the busiest shopping weekends of the year, a National Retail Federation survey declares that about about 10 percent of consumers will wait until Christmas Eve to finish their shopping.
Alibaba reported Monday that it had 402 million unique visitors to its sites — more than a third of the adult population in China — and prepared 152 million parcels for shipping. Tmall.com, one of Alibaba’s shopping sites, said Chinese bought 1.6 million bras, which it helpfully noted would reach three times the height of Mount Everest if folded and stacked, and two million pairs of underpants, which if linked together would stretch 1,800 miles, all before the lunch hour. In all, Ms. Yuan spent 1,500 renminbi, or nearly $250, before calling it a night. That, Ms. Yuan said, represented about half a month’s living costs for her.
Goodwill has long been the premiere thrift shop of choice for those with a conscious. Created by the Goodwill folks of Orange County, shopgoodwill.com is a robust online auction site more akin to eBay than the traditional store counterpart we all know and love. The site hosts a wide array of items, from decrepit instruments and gaudy china to that one-of-a-kind polyester suit you’ve been trying to think of a practical use for, and features simply filtering options and search tools for better fine tuning your results by collectibles, tools, electronics and a swath of other common groups. The “Hot 50 Items” is also always worth a look.