The first half of its auction business was up 1528% per cent year-on-year

1, Taobao auction will become China's largest online auction platform

Taobao recently announced that its auction business in the first half of the 2014 year-on-year increase in turnover reached 1528%, the single quarter has exceeded tens of billions. The auction industry estimates that the auction will overtake Sotheby's and Christie's in 2015. In the 1th quarter of the fiscal year 2014, Taobao auction sold as high as 12.1 billion, beyond last year's total, up to 1528% year-on-year. The auction industry estimates that the auction will overtake Sotheby's and Christie's in 2015.

2, Beijing East Finance yesterday launched "small Ticket"

Yesterday nine, the Beijing-East Finance launched the "small ticket" officially on sale, its sales practice is to continue to introduce different maturities, the proceeds of the bill financial products, hundred yuan to buy. As of 12 o'clock noon, the sale of about 30 bills, almost a line are "seconds kill", each product scale ranging from tens of thousands of to hundreds of thousands of. "Small ticket" products, the expected annual return rate of 6.2% to 7%, the period from 52 days to 180 days.

3, net completed the fifth round of more than 200 million U.S. dollars financing again war 58 with the city

NET yesterday evening announced the completion of a new round of financing, the total financing of more than 200 million U.S. dollars. The investor is Tiger Fund and Carlyle Investment Group. NET said that this round of financing will be used for product research and development, and focus on the wireless side to promote the overall industry innovation, increase market delivery, and further seize market share, as well as in the O2o field of exploration and new business attempts. Of course, the 581 war is inevitable.

4, Alibaba SME loan business sold to small micro-gold clothing

Alibaba Group board and Yahoo, SoftBank, Alipay, small micro-gold uniform approval and agreement, Alibaba Group and small gold clothing reached a new equity and asset purchase agreement. The new deal expands the range of profits the Alibaba Group can gain, and if future small gold suits are applied for and regulated in writing, the group will have the potential to hold stakes in small micro-gold suits for more long-term gains. For small micro-gold clothing, the new agreement clarified the Alibaba Group and small micro-gold clothing business relationship and their respective business scope.

5. The second-quarter earnings net loss of 18.3 million U.S. dollars

Passers-by yesterday released the unaudited second-quarter results as at June 30, 2014. Net revenue of 716.4 million yuan (about 115.5 million U.S. dollars), the year-on-year growth of 84.9%. The net loss was 113.6 million yuan (USD 18.3 million), compared with 7.4 million yuan in the second quarter of 2013. Not according to the United States General accounting standards of the net loss, that is, not including the share compensation costs, including 94.7 million yuan (15.3 million U.S. dollars).

6. China's mobile payment growth rate reached 707% last year

Yesterday, China Internet Association released the 2014 China Internet Financial Development Report. The report shows that last year, China's mobile phone payment users up to 125 million, an increase of 126% per cent last year, China's mobile payment transactions scale growth rate of 707%, far higher than bank card receipts, internet payments and other growth. Mobile payment is entering a period of high growth, but it also exposes some hidden dangers such as safety performance and lack of stability.

7, Business-to-business micro-store giants at the foot of survival do micro-letter store upstream business

A product called "Business-to-business micro-shop" has been completed in a few days on the official online. According to the product of the research and development side, Third-party service providers km network introduction, Business-to-business Micro Shop mainly for wholesale, physical distribution level, its main market gap is the micro-letter store upstream, that is, distributors. Thus, the intention of the "Business-to-business micro-shop" is obvious, aiming at the micro-letter store function short board, around the upstream supply chain business, to provide business opportunities between suppliers and distributors.

8, Taobao July 3C digital top100 Shop: Millet is not the first

Billion power learned that the Rubik's cube data show that July Taobao 3C digital total net TOP500 shop total deal 3 billion. Among them, the three-digit and millet July sales volume is over billion. TOP500 Shop, remove 4 serious brush single shop (all over billion), day cat Shop 142, accounted for 28.6%, total sales exceed 1.2 billion, the product price of 570 yuan. Taobao shop 354, accounting for 71.4%, the total sales of over 1.8 billion, the product average price of 1839 yuan (than the cat shop is nearly 4 times times higher).