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  2. Yiwu International Trade City - Wikipedia

    en.wikipedia.org/wiki/Yiwu_International_Trade_City

    75,000+ [ 2] Yiwu International Trade City ( Chinese: 义乌国际商贸城 ), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [ 3][ 4] In 2022, the market sold around US$70 billion of goods. [ 5]

  3. Group buying - Wikipedia

    en.wikipedia.org/wiki/Group_buying

    Group buying. Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu ( Chinese: 团购 ), or team buying. [1]

  4. Wholesaling - Wikipedia

    en.wikipedia.org/wiki/Wholesaling

    In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit.

  5. Taobao - Wikipedia

    en.wikipedia.org/wiki/Taobao

    Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it was the eighth most-visited website globally in 2021. [ 3] Taobao.com was registered on April 21, 2003 [ 4] by Alibaba Cloud Computing (Beijing) Co., Ltd. Taobao Marketplace facilitates consumer-to-consumer retail ...

  6. China's relentless e-commerce price war leaves sellers ... - AOL

    www.aol.com/news/chinas-relentless-e-commerce...

    Chinese e-commerce vendors are struggling for survival as sales growth slows, price pressure rises and shopping platforms compete with ever-more aggressive policies to attract increasingly cost ...

  7. Wish (company) - Wikipedia

    en.wikipedia.org/wiki/Wish_(company)

    The bulk of the merchandise available through the app in the United States comes from China and other non-U.S. distributors. [22] The products are usually smaller items that are cheaper to ship, [ 12 ] aided by an agreement between China Post and the U.S. Postal Service that lowers costs of shipping for goods weighing less than 2 kg. [ 3 ]

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