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In 2003, eBay acquired Eachnet, China's online auction leader at the time, [7]: 51 for US$180 million. It became a major contender in the Chinese consumer e-commerce market. [8] Responding to eBay's moves Alibaba launched Taobao as a rival consumer-to-consumer platform. [7]: 51 To counter eBay's expansion, Taobao offered free listings to sellers.
Chagee is a Chinese milk tea chain. It was founded in Yunnan in 2017 by Zhang Junjie. [2] Its Chinese name (霸王茶姬; Bà Wáng chájī) is based on the traditional Chinese opera Farewell My Concubine (pinyin: Bà Wáng Bié Jī), with the logo based on a huadan opera actor.
The company was founded by Liu Qiangdong on 18 June 1998, and its retail platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, and similar items. The company changed its domain name to 360buy.com in June 2007 and then to JD.com in 2013.
China accounted for 42.4% of worldwide retail e-commerce in that year, the most of any country. [4]: 110 In 2019, online retail sales were 21% of China's total retail sales. [1]: 4 As of late 2022, approximately 850 million Chinese individuals shop online and sectors related to e-commerce employ 69 million people in the country.
Chayan Yuese (Modern China Tea Shop [1]) is a Chinese milk tea chain based in Changsha, Hunan Province. Chayan Yuese milk tea. It was founded by Sun Cuiying and her husband Lyu Liang in 2013. [2] The branding references traditional Chinese culture. [3] The brand distinguishes itself partially by the use of higher quality ingredients. [1]
Chinese tea is a beverage made from the leaves of tea plants (Camellia sinensis) and – depending on the type of tea – typically 60–100 °C hot water. Tea leaves are processed using traditional Chinese methods. Chinese tea is drunk throughout the day, including during meals, as a substitute for plain water, for health, or for simple pleasure.
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