China’s largest online retailer by transaction volume is counting on an expansion into western markets to bolster profit margins as it is squeezed by intense competition at home.
在国内激烈竞争的挤压下,中国交易额最大的在线零售商京东商城(360buy)希望通过扩张进入西方市场来提高利润率。
360buyhopes to generate annual revenues of $100m from operations outside China within two or three years, Shi Tao, vice-president, told the Financial Times. “That would be the break-even point for the international business, he said, adding that it was “very possible that this will help boost profitability for the company overall because this is a higher-margin business.
京东商城副总裁石涛告诉英国《金融时报》,京东商城希望在两、三年内使海外业务年度营收达到1亿美元。他说:“这样国际业务就能达到盈亏平衡,他补充道,“这很可能提高公司整体的盈利能力,因为海外业务的利润率更高。
Net revenue at 360buy was Rmb21bn ($3.36bn) last year and is expected to double this year.
该公司去年的净营收达到210亿元人民币(合33.6亿美元),预计今年将翻倍。
The company, which sells a wide range of goods to Chinese consumers online, accounted for 27.7 per cent of the transaction volume on Chinese websites that conduct online transactions themselves, with transactions worth about Rmb15bn in the second quarter, according to Analysys, a research firm. The majority, or 76.6 per cent, of the country’s online retail transactions are conducted on Taobao and TMall, the retail websites of Alibaba Group. However, Alibaba does not trade itself – it only provides platforms on which third-party vendors offer their products.
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