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Sites like Alibaba in China

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Sites like Alibaba in China

Life is stacked with uncertainties and pressing turn of events. It is no bed of roses. One has to fall many times in the journey of life. Following that, harsh and gruelling circumstances wreck the mental peace and wellbeing of individuals. In the pursuit of working hard and achieving their goals, their psychological wellness is substantially harmed due to constant pressures, tensions, and strains. 

The American Institute of Stress researched that about 33 percent of people report feeling extreme stress: 77 percent of people experience stress that affects their physical health and 73 percent of people have stress that impacts their mental health.

As a result of this, the human mind looks for constructive demeanours to de-stress their incapacitated subconscious. They seek avenues to flush out depression, anxiety, and other psychological complications from their mind. There are various temporary ways and permanent ways to calm your racing mind and achieve happiness. 

Noteworthy is that it is not necessary to find peace and happiness by spending stacks of cash and money. Happiness and joy can be found in the little things in life too. One just needs to sit and observe their surroundings and themselves to find out what brings sheer joy to them. 

The main challenge is to find out what brings you serenity, happiness, and joy. For some, it’s listening to music, reading a book, going for a walk, meditating, spending time with their loved ones, having great food, going for a short vacation, or simply sipping a cup of coffee. It is not necessary to do something that everyone is doing for their emotional wellbeing. One should focus and do what brings them charm and joy.

Shopping 

For instance, many individuals find happiness in shopping! Yes! The thrilling feeling of buying your favorite products is beyond words. It excites individuals to an exceptional level and brushes aside their worries. 

Shopping is a way to treat yourself and to fulfill your wishes and desires. A person earns money through colossal hard work. Hence, they have a right to treat themselves and buy things that can bring them happiness. 

Research has shown that shopping sparks sheer joy and charm. It helps fight depression, anxiety, stress, and whatnot. One study conducted by a Penn State researcher surveyed a group of regular shoppers, all of whom had bought themselves a treat in the past week, and found that 62% of those purchases had been made to lift the mood.

Following that, there is no harm in shopping your heart out to achieve mental peace and happiness. Many people attribute negative stigmas to the venture of shopping as it is an extravagant act to spend money on something one does not need. However, it is evident that a person earns and toils for happiness and serenity. 

Hence, what is the harm of spending on something which brings them joy? One should never compromise on their mental fitness and continue to pursue what makes one happy.

Online shopping

However, many face the predicament of taking adequate time out from their busy routine and stepping out of their homes to go shopping. Not to forget the back-breaking jobs and chores of everyday render it difficult for many to go to the market, mall, or shops to buy things. 

Some face the complications of not having conveyance to go outside their homes. In addition to that, many encounter the problems of wanting products from far-off places in the world where it is difficult if not impossible to go. 

To ease the needs of shopping freaks, the novel innovation of online shopping has made ground-breaking innovations. Also known as virtual shopping, teleordering, electronic buying, cyber shopping, and whatnot, shopping through the web refers to the idea of buying goods and services on the internet. 

This advanced mode of shopping makes it possible to shop your favorite articles from the comfort of your homes. It opens the aperture to the world’s markets, thereby making it easy for you to shop from anywhere in the world by just sitting at home. 

Online shopping is the name of convenience, comfort, and luxury. With just a few clicks, one can get their hands on world-class and high-quality products and services. 

Online shopping staves off the need to take adequate time out, sit and drive to the market, hustle in the crowds to choose your products, and wait in lines to pay for your shopping.

It is apparent that the recent paradigm shift into the technological era has exceptionally spiked online shopping as buyers opt for shopping at their homes as compared to live shopping. The outbreak of the novel coronavirus has added more to the hype of coronavirus as people prefer to stay home and get their hands on their products. 

According to UN trade and development experts UNCTAD, the e-commerce sector saw a “dramatic” rise in its share of all retail sales, from 16 per cent to 19 per cent in 2020.

How does online shopping work?

One may wonder how they can acquire products by just sitting at their homes? The advanced websites powered with high-tech software and IT gear make it possible to buy and sell through the web. 

The e-commerce websites make it possible for buyers to search for products, add them to carts, add delivery and payment options, checkout, and place a constructive order. The e-commerce sites comprise numerous online stores that acquire various categories to deliver necessities and luxuries. 

There are numerous e-commerce websites worldwide that provide top-notch products and services to their customers. Out of the whole world, China is one of the most active and efficient countries in encompassing top-tier sites for online shopping. With more than 850 million internet users, the Chinese market is the largest in the world.

Alibaba 

Let’s take the example of one of the world’s largest e-commerce companies, Alibaba. Headquartered in Hangzhou, China, this Chinese website has global operations. Launched in 1999, Alibaba is China’s and the world’s biggest e-commerce website by some measures. Its three important sites include Taobao, Tmall, and Alibaba.com. Alibaba comprises millions of users who do business and make colossal cash. On the other hand, numerous customers also use this safe and secure website to shop their hearts out and acquire their essentials and luxuries. 

There are on a gainful mission to make it easy to do business anywhere. They give suppliers the tools necessary to reach a global audience for their products and helping buyers find products and suppliers quickly and efficiently. AliExpress brings millions of products in over 40 major categories, including consumer electronics, machinery, and apparel. 

Buyers for these products are located in 190+ countries and regions and exchange hundreds of thousands of messages with suppliers on the platform each day. This fast and effective website is growing at an unprecedented rate. 

The phenomenal website has a fast-shipping service. Packages sent with AliExpress Standard Shipping usually take 15 to 45 working days, whereas Aliexpress Premium Shipping will provide an estimated delivery time from 7 to 15 working days.

Numerous other e-commerce platforms in China are similar to Alibaba. Let’s have a look at them;

1. eWorldTrade

When it comes to the B2B e-commerce marketplace, many of us quickly scramble towards Alibaba group. However, its competitors and alternative players also add a dynamic value for customers in China. eWorldTrade brings a thriving market which is run by diverse buyers and sellers. You can find a wide range of products in multiple categories on this platform.

eWorldTrade is trusted by both buyers and sellers for the platform’s integrity, value, and commitment towards its members. It continues to oversee thousands of transactions taking place daily on the channel providing thousands of customers with an engaging marketplace.

2. Jingdong (JD)

Owned by Alibaba, Jingdong, is one of the biggest eCommerce websites in Southeast Asia, and that fights head-to-head with Lazada. Having an active monthly user of 320 million, this top-grade website was launched in 2015 and continues to grow and expand. 

This Chinese e-commerce website has exceptional customer service, fast and efficient shipping, delivery services, and WeChat Pay and TenPay payment options.  It comprises products of the following categories;

3. Tmall 

Encompassing a market share of 40%, Tmall is also an excellent e-commerce platform owned by the Alibaba group. It was launched in 2014 to differentiate sellers who are brand owners and distributors from the customer-to-customer sellers (C2C) on Taobao. It comprises products from the following categories;

Payments are made through Alipay as it is more like a subsidiary company of Alibaba. Moreover, Tmall has many foreign brands. Some examples are Nike, Adidas, GNC, Coca-Cola, Replay, Timberland, and Puma. Foreign sellers have the option to either opt-in for its local eCommerce marketplace, Tmall.com (Tmall Classic), or the cross-border version, Tmall.hk (Tmall Global).

4. Taobao

This online Chinese website is a top shop stop for many looking for a place that includes every household necessity. Comprising of estimated monthly traffic of 454 million visits, Taobao was founded in 2003 by the Alibaba Group. It is a consumer-to-consumer e-commerce platform that allows individuals, retailers, and wholesalers to list freely and sell almost everything directly to buyers. 

Ranging from electronics and fashion to home and garden products, from sports and toys to cars and vehicles, Taobao has it all. Taobao follows a similar model to eBay’s counterpart as a marketplace where goods can be sold with a fixed or negotiated price or by auction.

5. Amazon China

While talking about e-commerce, how can one miss out on the rip-roaring website of the world, Amazon? Similar to Alibaba, Amazon is also one of the worlds leading e-commerce websites which has operations in numerous cities of the world. 

Founded in the 90s, Amazon China comprises the most extensive range of products across almost every category that one could think of; Amazon China customers lean on the site most for consumer electronics and technology, followed by software and games. 

Amazon also offers digital products like Prime Video, Amazon Music, ebooks, and more. This American Company has suppliers and buyers in almost every country, which helps them pull of exceptional efficiency and productivity. 

6. Vipshop 

Vipshop is a leading online discount retailer for brands in China. The Company offers high-quality and popular branded products to consumers throughout China at a significant discount from retail prices. Compared to conventional online marketplaces or large-scale multi-category online retailers, Vipshop has successfully created a third e-commerce model and proven that it can provide tremendous scale and profitability. 

By providing special offers and deep discounts on branded products, the Company has pioneered the online discount retail model in China and become the expert and leader trusted by its customers and brand partners alike. Since its founding in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners.

7. Suning.com 

Headquartered in Nanjing, Jiangsu Province, China, suning.com is one of the largest non-government retailers in China. Suning has more than 10,000 stores nationwide, and its e-commerce platform, Suning.com, ranks among the top three Chinese B2C companies. It encompasses the following products;

Suning.com is a leading online-to-offline(O2O) smart retail company in China. In the era of the Internet, Internet of Things, and Big Data, Suning continues its long-term commitment to promote the integration of smart retail and O2O, entire category operations, omnichannel operations, global expansion, logistics cloud services, data cloud, and financial cloud services, enabling one-stop shopping solutions through bricks-and-mortar stores, PCs, mobile devices and TVs at home.

Furthermore, the advanced Company is on a mission to promote a “High-Tech, Smart Services” strategy, with the vision of “Global Suning, Built to Last” and ​operating philosophy of “Shared Capabilities, Linked Resources, Platform Building, and Win-Win Cooperation”. Suning will partner with various industry players to expand into the global market and strive to build an even more diversified portfolio.

Founded in 1990, Suning Holdings Group is one of the leading commercial enterprises in China, with two public companies in China and Japan. In 2017, the Company was ranked second in the top 500 privately-owned enterprises in China, with annual revenue of 81.3 billion USD (557.9 billion RMB).

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