Revenue of China's SME B2B Platforms Increased by 19.1% in Q1 2017

Source:iResearch June 16,20172:20 PM
The data from iResearch show that the revenue of China’s B2B platforms for small and medium-sized companies (SME) reached 6.37 billion Yuan in Q1 2017, decreasing 5.4% compared with the previous quarter but increasing 19.1% from a year earlier. Generally speaking, its QoQ growth slowed down slightly while its YoY growth was still high in Q1 2017.
The SME B2B market maintained stable and Alibaba still took the lead in Q1 2017. 

Among China's B2B e-commerce platforms for small and medium-sized companies, Alibaba took a share of 47.1% by revenue, showing that it had an absolute advantage over other platforms. DHGate ranked the second with a share of 6.5% in the market, which increased slightly compared with the same period of the previous year.

HC360 and JQW took the third and the fourth places with a share of 4.8% and 4.6% respectively, and their shares were almost the same as the corresponding period in the previous year. Other B2B e-commerce platforms experienced little changes in their revenue shares and showed no significant breakthrough.

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