The Traderszone Network

Published in TZ Latest News 18 December, 2015 by The TZ Newswire Staff

Alibaba Shopping Sites Most Popular, But JD.com Satisfies

A survey this month of 1,500 online shoppers in China by RBC Capital Markets found that Tmall & Taobao — both online shopping sites run by Alibaba Group Holding (BABA) ran a clear first and second place (earning response rates of 77% and 74%, respectively), well ahead of the No. 3 contender, JD.Com (JD) (with a 54% rating), and Amazon.com (AMZN) (26%). Some 70% of those consumers felt that Taobao offered the lowest prices.

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