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Chinese e-commerce company JD Inc (JD) is poised to steal market share from rival Alibaba Group Holding's taobao after it launches a similar website of its own in June.
JD will launch the beta version of an updated paipai Atlanta Braves Hoodie , which the firm bought from Internet service giant Tencent Holdings in March, a company spokesperson told the Global Times on Tuesday.
"Some notable changes in the website's interface will be seen in the updated paipai," the spokesperson said.
The news was announced right after the company, China's largest online direct sales retailer, raised $1.78 billion after going public on NASDAQ Thursday US time. Its top competitor, Alibaba Atlanta Braves Hats , filed its prospectus for what could be the world's biggest IPO to the US securities regulatory body on May 6.
Launching paipai would be the first attempt made by JD, which runs highly successful business-to-consumer (B2C) site jd, to try out the consumer-to-consumer (C2C) model.
While consumers buy products from companies online under the B2C model, customers purchase from their peers under the C2C model.
JD's move will put itself in head-to-head competition with Alibaba, whose taobao dominates the C2C market, while its jd is already in cutthroat competition with Alibaba's B2C website tmall.
According to a statement that JD e-mailed to the Global Times on Tuesday Atlanta Braves T-Shirts , the company's CEO Richard Liu Qiangdong has vowed several times to "invest a large amount of money in developing paipai" during internal meetings.
JD said it would "rebuild paipai" so as to extend its current main customer base of professionals in urban areas to college students and households in fourth- and fifth-tier cities, the statement said.
On Monday, JD's senior vice president Xu Lei said that the firm will soon allow buyers to place orders for products listed on jd using Tencent's WeChat, an instant messaging smartphone app that has more than 600 million users.
This move puts JD in direct competition again with Alibaba, but on the mobile front.
According to Beijng-based iRearch Consulting Group, the smartphone app of taobao took 76.4 percent of the mobile shopping market in the first quarter Custom Atlanta Braves Jerseys , while jd's app took 6.9 percent.
JD will also use paipai to enrich its current B2C product portfolio, which focuses on consumer electronics and maternal products, to cover agricultural products, fresh food and imported goods. The company also plans to strengthen the second-hand products auction function of paipai.
Lu Zhenwang, founder of Shanghai Wanqing Consulting, told the Global Times on Tuesday that it would take at least one to two years for paipai to have a strong impact on taobao.
"Taobao has a huge number of sellers and its model is very mature. Paipai Cheap Atlanta Braves Jerseys , on the other hand, has a much smaller portfolio of products, fewer sellers, and a weaker management team," Lu said.
"Therefore, it will take a long time for paipai to catch up."
According to iResearch Braves Tom Glavine Jersey , 456.44 billion yuan ($73.08 billion) of products were sold online in the first quarter of 2014, up 27.6 percent from a year earlier.
B2C websites contributed to 40 percent of sales in the first quarter and C2C sites took up the rest, an iResearch report shows.
Zhu Li, a Beijing resident and a regular buyer on taobao, told the Global Times that she is interested in trying paipai only when it has big discounts.
"There is no need for me to switch from taobao to paipai completely, because the former has everything I need Braves Phil Niekro Jersey ," said Zhu, who spent 800 yuan on taobao and tmall in April.
Taobao, though vastly popular among online shoppers, has been criticized for being plagued with counterfeit products.
The problem is so severe that experts believe it would hurt Alibaba's proposed share price for the IPO.
JD pledged to "eliminate knock-offs" on paipai.
Paipai needs to control the quality of its sellers at an early stage, before the number of fake products uncontrollably soars, like what happened to taobao Braves Orlando Cepeda Jersey , Mo Daiqing, an analyst with Hangzhou-based E-Commerce Research Center, told the Global Times on Tuesday.
JD said it plans to start inviting sellers to launch stores on paipai in the next few days.
Summary
Contains all production projects in Canada, with the majority being Oil Sands Projects.
Data
•Inventory of Major Projects by Sector for 2011.
Includes project description, location, cost Braves Deion Sanders Jersey , schedule and remarks.
•Major Production Projects 2010
•Major Production Projects 2009
•Mining Upgrading Projects 2008
•In Situ Projects - Data on Company, Project Name, Project Status, Start-up Date and Production Capacity 2008.
•Reserves estimate of initial in-place bitumen. Data includes the Canadian location, barrels in place, acres Braves David Justice Jersey , average bitumen saturation in mass percentage and ore volume percentage, and average percentage porosity, 2008.
•Historical table with number of bitumen wells drilled from 1985 through 2008; - commercial, experimental and exploration wells.
•Articles on project expansion plans and refiners capacity additions to handle oil sands production.
Reasons to Buy
•Spreadsheet format
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Browse complete Report on :
http:www.aarkstorereportsOil-Sands-Projects-Survey-2011-215148
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