国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Technology

Itochu reveals Shanghai e-commerce platform

By SHI JING (China Daily) Updated: 2015-10-21 07:39

Itochu reveals Shanghai e-commerce platform

Japanese beverage brand Yakult on sale at a supermarket in Tokyo, April 24, 2012. [Photo/IC]

Shoppers who fly to Japan to stock up on their favorite food or other goods will be saved considerable time and money with the launch of an e-commerce platform which will deliver items within days from a warehouse in Shanghai.

Japanese conglomerate Itochu Corporation said it is creating a $483 million joint venture-F2F Cayman Islands Holdings Ltd-with four partners, including Beijing-based CITIC Group Corporation, to supply 250 of the most popular products, including baby formula and diapers.

Located in the China (Shanghai) Pilot Free Trade Zone, the JV's other partners are Thailand's leading retailer Charoen Pokphand Co Ltd, China's largest telecommunications carrier China Mobile Communications Corporation, and the State-owned investment company Shanghai Information Investment Inc.

Buyers on the newly established F2F platform will be able to receive products 30 percent cheaper than in Japan, said officials, and within just days, against what could be a month if they had bought them in Japan and chosen to have them sent back to China, or bought them through overseas online shopping agents.

The service is the latest e-commerce launch by an organization based in the Shanghai FTZ, after officials there encouraged more overseas service companies to set up at the site, following Amazon.com Inc opened there in September 2014.

Officials said the international retailing giant's operation represented a perfect model for other cross-border services. The Shanghai Customs District said it dealt with 192,200 individual cross-border e-commerce orders in the first eight months of this year, worth 52.6 million yuan ($8.28 million), with 98 percent of those made on Amazon.

Bruno Lannes, a partner at consulting firm Bain & Co, said that a growing number of imported products, previously blocked from entering China through traditional retailing channels, are now arriving via online channels as the central government throws its support behind the cross-border e-commerce sector.

Official figures show 40 percent of imported product purchases are now being completed online, compared with just 10 percent being made in brick-and-mortar stores.

According to a study by the global online payment platform PayPal Holdings Inc, China's cross-border e-commerce market has mushroomed and last year was worth more than 4 trillion yuan, which PayPal expects to double by 2017.

Hot Topics

Editor's Picks
...
兰溪市| 通道| 顺昌县| 黄梅县| 高淳县| 兴隆县| 府谷县| 武鸣县| 象山县| 霍城县| 南雄市| 睢宁县| 东丽区| 怀集县| 青浦区| 石嘴山市| 华阴市| 沾化县| 景谷| 天全县| 灵璧县| 开远市| 蚌埠市| 永清县| 武穴市| 台湾省| 祁门县| 饶平县| 望都县| 会昌县| 宁强县| 新野县| 合阳县| 汾阳市| 光山县| 留坝县| 寿阳县| 吴江市| 遂平县| 蒲江县| 汉阴县|