Rumor: E-Commerce Fashion Site Vancl Preps for Q4 US IPO
There are reports emerging this afternoon that Chinese e-commerce site Vancl will file its US IPO prospectus in October with a view towards hitting the tickers in the fourth quarter. Vancl has two B2C...
View ArticleHow Much Has Lei Jun Invested in China? Hint: It’s a Lot
This is a part of our TechCrunch Disrupt Beijing 2011 event coverage. Chinese serial entrepreneur Lei Jun. After talking about his Xiaomi phone a bit earlier, Lei Jun moved on to share more of his...
View ArticleReport: Vancl Files US IPO Papers, On Course for December
E-commerce company Vancl looks all set to list in the US in December, as it has already filed its IPO papers with relevant authorities. Now that we have a concrete time-frame, the next step is to see...
View ArticleRumor: Vancl’s VP Defects as US IPO Delayed or Cancelled
The specialist e-commerce site Vancl was supposed to be on course for its US IPO in December, but rumors in the industry suggest it will be either delayed or cancelled, and that its vice-president, Wu...
View ArticleBlogger Suggests Vancl Has Lost Over $300 Million, Vancl CEO Says Not True
Another day, another he-said-she-said rumor fight between the nameless denizens of the internet and the CEOs that govern their favorite websites. This time, it’s Vancl on the hook, with rumors...
View Article360Buy Hiring Over 25,000 New Staffers in 2012, Not Planning to Acquire Vancl
(Image source: Chinaluxus.com) The CEO of 360Buy, China’s second-biggest e-commerce site, has announced that his company will create “over 25,000” new jobs next year. That public Weibo message from Liu...
View ArticleVancl Broke 4 Million Mobile Users in 2011
E-commerce is growing fast in China, but the future may be in mobile e-commerce. That’s something experts have been saying for a while, and the latest data from online retailer Vancl certainly seems...
View ArticleNeed For Speed: Some Chinese E-Commerce Companies to Expand to Express...
When a Chinese consumer buys something on one of China’s very numerous B2C e-commerce sites, the item in question is whisked off by a private express delivery company, zooming the product from one...
View ArticleVIPShop and Coo8 Say: Screw It, We’ll Deliver It Ourselves
Earlier this month we looked into the reasons behind two of China’s top e-commerce sites opting to deliver their own merchandise, subverting the fractured private delivery system that has been in...
View Article360Buy’s Express Delivery Trucks Ready to Hit the Road After Government Approval
360Buy's express delivery trucks are now licensed to hit the roads nationwide in China. (Image source: Eguan.cn) We reported recently on a significant strategic shift in China’s e-commerce industry...
View ArticleSee Who Rules China’s B2C E-Commerce Market as It Nears $100 Billion in Value...
New statistics for China’s B2C e-commerce sector in 2012 Q2 show that the market leader, Tmall, has extended its lead even further in this two-horse race. Second-place 360Buy has also grown slightly in...
View ArticleFacing Rising Labor Costs, One Chinese E-Commerce Site Opts For “Made in...
Vancl is China’s top own-brand e-commerce site, selling its own cheap yet cheerful clothing items in a manner similar to Japan’s Uniqlo. Except Vancl does it only online. Some of its clothes retail,...
View ArticleVancl Lays Off Rufengda Delivery Staff, Pulls Service from Most Cities...
Rumors of cuts at Vancl have been swirling for a while now, but until yesterday, the company had denied them. Now, after Sina Tech published a report sourced to an anonymous worker at Vancl’s Rufengda...
View ArticleMobile Commerce in China Hits $1.8 Billion in Sales This Quarter
Yes, 95.7 percent of China’s e-commerce sales are made from PCs, but the number made on mobiles is growing fast. For 2012 Q2, iResearch estimates that 4.3 percent of such purchases will be made on...
View ArticleChina’s Vancl Expands To Vietnam, is a Southeast Asia Wave Coming?
Two weeks ago, Vancl, China’s biggest clothing specialist e-commerce site, was reportedly cutting staff. But now the Chinese media (via TechWeb) are reporting that Vancl is marching towards overseas...
View ArticleVancl CEO Chen Nian Talks About the Cancelled IPO, Future IPO Plans
The last time we heard about Chinese clothing ecommerce brand Vancl in connection with an IPO, it was because the company’s planned US IPO was falling apart. That got ugly, but a year later, is the...
View ArticleVancl CEO: Sales Up 30%, Vancl Approaching Profit Goals
Vancl CEO Chen Nian Clothing e-tailer Vancl has had a rough year and has only recently started to reemerge from its shell, with Vancl CEO Chen Nian finally weighing in on the IPO cancellation and the...
View ArticleClothing E-Tailer Vancl Cutting 25% of Workforce Ahead of 2013 US IPO?
Chinese clothing e-tailer Vancl is reportedly cutting as much as 25 percent of its workforce ahead of an anticipated US IPO in the first or second quarter of 2013. Vancl, which manufactures its own...
View ArticleVancl Building $158 Million New Headquarters in Tianjin
The last we heard from e-commerce platform Vancl, the company was in the middle of major staff cuts, and there were also staff cuts earlier in the year. But all that cutting hasn’t stopped Vancl from...
View Article9 Likely Chinese Tech IPOs in 2013
2011 saw economic turmoil and financial scandals that led to only two Chinese tech companies venturing to IPO in 2012. But 2013 is looking up. This year there’s the distinct possibility of there being...
View ArticleVancl Aiming for 50% Growth in 2013
China’s biggest clothing e-commerce site has been on a bit of a bumpy road over the past few years, but this year is looking bright. The company is building an expensive and shiny new HQ in Tianjin,...
View ArticleBy 2016, China Will Have 423 Million E-Commerce Shoppers Spending $457...
Regular readers will already know that there are now over 200 million Chinese e-commerce shoppers who are spending about $40,000 per second. But with over half a billion people online in China, there’s...
View ArticleIs Vancl Giving Up the Dream and Becoming Just Another E-Commerce Platform?
China’s Vancl has always stood out in the world of e-commerce, and not just because of its often eye-catching celebrity endorsements. The company has always set itself apart by selling only its own...
View ArticleShopby Unleashes Social Commerce On Vietnam
In Vietnam, we’ve got lots of homegrown daily deals and e-commerce sites, as well as a few foreign companies like Rocket Internet and China’s Vancl entering the fray. So it’s pretty hard to find...
View ArticleMobile Commerce Worth $4.29 Billion in Q1 in China, But One Company Dominates
We know that mobile commerce in China was worth $7.8 billion in 2012 – and is expected to rise to $41.4 billion in 2015 – but who are the biggest e-commerce brands among the nation’s mobile shoppers?...
View ArticleChina Leads Asia in VC Investments in E-Commerce; Sadly Acquisitions Are a...
Earlier today we looked at a report that has counted up $6.9 billion in investments among Asian e-commerce sites from 2010 to the present day. A mesmerising $4.8 billion of all that venture capital...
View ArticleChina’s e-commerce market to hit $71 billion in sales in Q2; these are the...
China’s e-shoppers now number over 240 million, who collectively spend an average of $40,000 per second. But the nation’s e-commerce boom is far from hitting its peak. New statistics from iResearch...
View ArticleHow one Chinese e-commerce site turns its shoppers into models
As confirmed by a recent study, many women like to check out other woman’s appearances. Whether its hair, clothes, or possessions, it apparently stems from some primal desire to get ahead. The Chinese...
View ArticleChinese clothing e-tailer Vancl gets $100 million more funding, probably not...
Chinese clothing e-tailer Vancl, which sells Muji/Uniqlo-esque cheap yet funky clothing on the web, has wrapped up its seventh round of venture capital funding. The newest tranche is worth $100...
View ArticleChinese fashion e-tailer Vancl breaks half-billion funding mark with latest...
Chinese fashion brand and e-tailer Vancl announced today it just closed a seventh round of funding, according to Tech 163. The company raked in US$100 million, which might sound familiar, because...
View ArticleAs world awaits Alibaba IPO, China’s ecommerce spending grows to $74 billion...
The world is waiting for Alibaba to hit Wall Street this summer as its IPO will likely be bigger than Facebook’s. That means China’s ecommerce market matters more than ever. New figures out today show...
View ArticleWho’s China’s top retailer? It’s actually an ecommerce site that doesn’t own...
Alibaba’s Tmall, China’s largest online retail marketplace, beat all traditional retail giants to head a new list of China’s top retailers. It was compiled for the 9th China Retailer Conference....
View ArticleBeyond a billion: here are China’s 15 most valuable startups
A startup’s office in Beijing. Hey, where’s the foosball table? There are secrets that are broken; there are secrets taken to the grave; there are state secrets for which people are hanged for...
View ArticleChina’s 13 most valuable startups, in one infographic
As we approach the end of 2014, we can see that the year has been a monumental one for China’s leading startups. Several of them, such as Momo, a popular flirting app, have followed ecommerce titan...
View ArticleThese are China’s 15 most well-funded startups (INFOGRAPHIC)
China’s startups pulled in well over US$7.5 billion in investment cash in 2014, according to data from our Techlist platform – and that’s just from deals that are disclosed and publicized. In such a...
View ArticleEcommerce founder insults Jay Chou, pisses off basically everyone
Major Chinese ecommerce site Vancl’s founder Chen Nian made an appearance on a Chinese talk show recently. He should not have done that. What he said It all started innocently enough. Chen, who is...
View Article
More Pages to Explore .....