Lenovo Group, founded in 1984 by 11 scientists with an investment of RMB 200,000 from the Institute of Computing Technology of the Chinese Academy of Sciences, is a large conglomerate and innovative international technology company in China that has diversified into the information industry.
Founded in 1987 by Ren Zhengfei, Huawei initially focused on manufacturing telephone exchanges and has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to companies in China and abroad, and manufacturing communications equipment for the consumer market.
Gome.com.cn is an online platform/store managed by GOME Online E-Commerce Co., Ltd. The online platform was launched in 2012.
Mongolia Country is abbreviated as Mongolia. It is a single-half presidential republic in East Asia, located at the intersection of the Russian Federation and the People’s Republic of China. It is a landlocked country whose capital and largest city is Ulaanbaatar.
Jumei.com is a China-based online cosmetic shopping website founded by CEO Leo Chen in 2010. The company has its headquarters in Beijing, China. The website is focused on skincare and make-up brands like body lotions, lipsticks, make-up removers, handbags, watches, clothes, facial cleaners, and mascara.
Vipshop, denoted as (VIP.com), is one of the leading Chinese online discount retailers. The company is considered to be the largest flash sale website. VIP.com was founded in August 2008 by Ya Shen and Xiao Bo Hong to provide consumers throughout China with popular branded products, incliuding men’s and women’s apparel, through flash sales at a relative discount. The company has its headquarters in Guangzhou city.
Suning.com started in 1990 as an air conditioner distributor. Over the years, Suning.com has developed into a massive electronic retailer in China. The company has benefited from China’s government reforms and policies that facilitate economic growth in the country.
JD.com was founded in 1998 by CEO Richard Liu in Beijing. The company is the largest retailer in China. JD.com maintains a high standard through its commitment to quality, authenticity, and a wide range of products. The platform hosts electronics, beauty products, and fresh food products.
Tmall.com is a business-to-customer (B2C) e-commerce retail website managed by Alibaba Group, and it is China’s biggest B2C platform. Tmall.com is used mainly by brand cautious users primarily interested in lifestyle and fashion products.
The 1688.com is a subsidiary of Alibaba founded in 1999 to promote an online marketplace for business to business (B2B). Although 1688.com was primarily designed for the Chinese domestic market, it slowly expanded its cross-borders by bringing global suppliers into the platform. 1688.com also has a new marketplace for manufacturers and retailers interested in sourcing their products worldwide to reach a large market.
