When Baidu announced its C2C ecommerce platform in last year, many people were speculating whether Baidu will develop its own online payment service or use/acquire an existing one in the market. Now it turns out that Baidu will develop one. Its online payment service, Baifubao, will be launched soon. So does its C2C platform, which is under private pilot test already.
China’s online payment market is dominated by Alipay, under Alibaba Group. According to iResearch, in second quarter of this year, Alipay took about 51% share of online payment market in China, followed by Tenpay, an online payment service by Tencent, China UnionPay’s online payment service and 99Bill.
According to Alipay, by May 2008, the register users of Alipay has exceeded 80 million with over RMB 350 million daily transaction volume and 1.5 million daily transactions. Besides merchants on Taobao and Alibaba, there are over 460,000 e-commerce merchants are using Alipay on their sites. On August, Alipay officially launched the WAP version, allowing you to make transaction on your phone.
Instead of just serving China market, Alipay also starts its internationalization strategy, it partnered with Paymate, an Australian online payment company, to launch Haiwaibao.com, which allows Chinese consumers to do shopping directly on websites in Australia that support Paymate. It also partnered with Philliou Selwanes Partners (PSP) for Northern American market entry, among other international partnership.
With such a strong competitor in both C2C and online payment market in China, whether Baidu can take advantage of its broad user base and popular search and community-related service to gain significant market share quickly is still uncertain.
source: china web 2.0 review
Wednesday, September 10, 2008
Tuesday, September 9, 2008
Taobao Blocks Baidu, Google, Yahoo Search Engines In China
Chinese online auction and e-commerce website Taobao.com has recently announced its latest consumer protection plan, which includes blocking the search engines of Baidu, Google and Yahoo.
According to local media, Taobao.com completely blocked the search engine of Baidu and it also partly blocks that of Google and Yahoo. Taobao.com says that the blocks of search engines aim to eliminate fraud caused by ill-intentioned merchants. Through different blocking degrees over different search engines, it can prevent consumers from being cheated by illegal merchants who gain consumers trust by pay per click and search optimization techniques.
Statistics offered by Taobao.com show that at present, over 80% of consumers complaints are caused by a small number of unscrupulous businesses. One of the main means of these frauds is to optimize the general search results pages through technical and commercial methods, so as to gain higher rankings and attract consumers to click their links and pages. Therefore, blocking some search engines can protect consumers from being deceived.
Apart from blocking search engines, the consumer protection plan for Taobao.com also includes other measures such as a 30-day warranty for digital and appliances products, assurance for antique and jewelry products, certificate check for food products, and appreciation for luxury goods.
Taobao.com is owned by Alibaba Group in China.
Source:chinatechnews
According to local media, Taobao.com completely blocked the search engine of Baidu and it also partly blocks that of Google and Yahoo. Taobao.com says that the blocks of search engines aim to eliminate fraud caused by ill-intentioned merchants. Through different blocking degrees over different search engines, it can prevent consumers from being cheated by illegal merchants who gain consumers trust by pay per click and search optimization techniques.
Statistics offered by Taobao.com show that at present, over 80% of consumers complaints are caused by a small number of unscrupulous businesses. One of the main means of these frauds is to optimize the general search results pages through technical and commercial methods, so as to gain higher rankings and attract consumers to click their links and pages. Therefore, blocking some search engines can protect consumers from being deceived.
Apart from blocking search engines, the consumer protection plan for Taobao.com also includes other measures such as a 30-day warranty for digital and appliances products, assurance for antique and jewelry products, certificate check for food products, and appreciation for luxury goods.
Taobao.com is owned by Alibaba Group in China.
Source:chinatechnews
Monday, September 8, 2008
Taobao.com Announces Open API Platform
After merging with Alimama.com, Taobao.com, the auction website of Alibaba Group, has formally announced plans to open its application programming interface platform and third-party developers are able to visit data of Taobao.com through various open interfaces from September 8, 2008.
With the opening of API as its core, this platform opening program of Taobao is named TOP: Taobao Open Platform. By this opening policy, developers and companies will be able to construct various e-commerce products and realize internal and external value-added applications based on the data and model of Taobao.com.
Jack Ma, chairman of the board of directors of Alibaba, told local media that the first goal for Taobao and Alibaba in the next ten years is to become the world's biggest e-commerce services supplier. He says the company believes that most companies will be online within ten years and Alibaba will offer services to help more entrepreneurs enter the e-commerce sector.
As an important step for Alibaba's Internet strategy, Taobao.com started to plan the Taobao Open Platform since 2007. Before that, the application developments of Alibaba's platforms, including Taobao.com, Alibaba.com and Alipay.com, were mainly supported by its Internet software subsidiary Alisoft.com.
At present, there are about ten Internet companies that have opened their platforms in China, including Taobao's rival eBay, who has hundreds of independent software vendors to provide applications for it.
Source:chinatechnews
With the opening of API as its core, this platform opening program of Taobao is named TOP: Taobao Open Platform. By this opening policy, developers and companies will be able to construct various e-commerce products and realize internal and external value-added applications based on the data and model of Taobao.com.
Jack Ma, chairman of the board of directors of Alibaba, told local media that the first goal for Taobao and Alibaba in the next ten years is to become the world's biggest e-commerce services supplier. He says the company believes that most companies will be online within ten years and Alibaba will offer services to help more entrepreneurs enter the e-commerce sector.
As an important step for Alibaba's Internet strategy, Taobao.com started to plan the Taobao Open Platform since 2007. Before that, the application developments of Alibaba's platforms, including Taobao.com, Alibaba.com and Alipay.com, were mainly supported by its Internet software subsidiary Alisoft.com.
At present, there are about ten Internet companies that have opened their platforms in China, including Taobao's rival eBay, who has hundreds of independent software vendors to provide applications for it.
Source:chinatechnews
Friday, September 5, 2008
Taobao has ban Baiduspider
http://www.taobao.com/robots.txt
User-agent: Baiduspider Disallow: / User-agent: baiduspider Disallow: /
Alibaba Group merges online auction, ad units
China's largest e-commerce company, the Alibaba Group, said on Thursday it was combining the operations of two of its major units.
The combination of Taobao, an auction site, and Alimama, an online ad service, will attract more merchants and give consumers more choice, the group said in a statement.
Alimama's 3 billion daily page views will provide the most accurate and efficient network to promote services to Taobao sellers, it said.
Taobao was launched in 2003 and has 80 million registered users and a daily turnover of more than 300 million yuan ($44 million). Alimama, founded in 2007, is the largest online ad platform in China.
Both Alimama and Taobao offer free services.
Source:Chinadaily
The combination of Taobao, an auction site, and Alimama, an online ad service, will attract more merchants and give consumers more choice, the group said in a statement.
Alimama's 3 billion daily page views will provide the most accurate and efficient network to promote services to Taobao sellers, it said.
Taobao was launched in 2003 and has 80 million registered users and a daily turnover of more than 300 million yuan ($44 million). Alimama, founded in 2007, is the largest online ad platform in China.
Both Alimama and Taobao offer free services.
Source:Chinadaily
Thursday, September 4, 2008
Taobao, Alimama to Merge
An informed source has revealed that e-commerce site Taobao and online advertising platform Alimama, both of whom are owned by the Alibaba Group, will merge to satisfy customer demand. The source said Alibaba would announce the merger with further details this evening, as well as the HR arrangements for the new company.
In an interview with Sina Tech in June of this year, Alimama GM Wu Yongming said Alimama was in its "infancy", adding that the site was laying the groundwork for its lines of business in order to create a basis for its maturity in three to five years' time. At the time, Wu gave no details on whether Alimama would go public.
Source:Sina tech
In an interview with Sina Tech in June of this year, Alimama GM Wu Yongming said Alimama was in its "infancy", adding that the site was laying the groundwork for its lines of business in order to create a basis for its maturity in three to five years' time. At the time, Wu gave no details on whether Alimama would go public.
Source:Sina tech
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