Total revenues of China’s SME B2B e-commerce market reached RMB 5.79 billion (USD 870 million) in Q2 2016, an increase of 14.4% YoY or 6.8% QoQ according to iResearch.

Alibaba continues to dominate China’s SME B2B e-commerce market with 46.6% market share, followed by Global Sources with 7.3% market share.

The total revenues of China B2B e-commerce market reached 6.39 billion yuan in Q4 2015, an increase of 7.9% QoQ according to Analysis.

Alibaba remains the dominant player in China’s B2B e-commerce market with close to 40% market share by revenues, followed by Global Sources (5.45%) and HC360 (3.92%).

Overseas new users increased rapidly on Alibaba.com in 2015, particularly in Europe, America, and the Middle East. Domestic merchants on 1688.com spent much time online and CXT users spent 47 hours on average in receiving their first orders in 2015 according to Alibaba. Alibaba is predicted to keep growth in sales and users in 2016.

Read more on China B2B Market Insights 2016

China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.

The first quarter of year normally sees slow growth in China B2B market considering the fiscal year cycle, enterprise purchase cycles, holidays and etc. In addition, China’s international trade market had some negative impact. The total value of China’s import and export trading was down by 6% QoQ in Q1 2015.

China’s international trading trade B2B platform completely enters a transaction era; and, the value of credit guarantee service entered the stage. Cross-channel collaborations have become new means for B2B e-commerce platforms to enhance the competitiveness.

Alibaba still dominates China’s B2B market by revenues with 44.13% market share, followed by HC360 (4.86%) and Global Sources (4.69%).

Also read: China Top 10 B2B Websites in Q4 2014

Why China B2B market increased  in 2013?

From a macro point of view: Firstly, the government’s encouragement and financial support secured a healthy development of B2B e-commerce. Secondly, although the international economy was in recovery, its influence was weaker than increasing domestic trade which favor B2B market. Lastly, the explosion of long tail market was coming and hitting B2B market.

From a micro point of view: More B2B enterprises used internet for marketing to expand influence. The mature of B2B business model and the demand of deepening service promoted the development and diversification of B2B enterprises. And the e-commerce safety certification system was improving, giving the market a confidence in B2B enterprises.

In 2013, enterprises were more creative. New business models, including operating model, profit model and service model,  kept springing up and maturing. EnfoDesk believed that the whole market would maintain a stable growth as B2B vertical service deepens and operating model diversifies.

Alibaba, Global Sources and HC360 ranked Top 3 of China B2B enterprises with market share of 46.4%, 8.2% and 4.4% respectively, according to EnfoDesk. The market pattern was quite steady in 2013; the market share of 9 core B2B enterprises totaled 70.3%.

EnfoDesk said that the market share of comprehensive e-commerce platforms would decrease while B2B would focus more on difference between industries.

According to EnfoDesk, China B2B market scale in Q3 2013 reached 4.24 billion yuan (USD 692 million), with a QoQ increase of 7.8% and a YoY increase of 23.3%.

Alibaba, Global Sources and HC360 topped in China B2B platforms in Q3 2013. Alibaba led the B2B market with 46.6% share, and the top 9 enterprises occupied 69.2% of the total. Global Sources and HC 360 remained the second and third, but their market share decreased and gradually fell further behind Alibaba.

According to 52b2b.cn research,  the top 10 B2B platforms ranked by brand influence in Q2 2013 were: Alibaba B2B, HC, Global Sources, DHgate, Focus Technology (Made in China), 315.com, Shengyibaoku, Shanghai steel Union (My steel net), the global market, B2B.com and IBI.

Data showed that Alibaba B2B brand influence in Q2 was still the strongest. Alibaba’s revenue and site traffic ensured its prominent advantages lead; Other market players include HC, Global Resources DHGate and Focus Technology. Their influence index increased slightly compared with Q1 2013, partly due to their financial growth in Q2. 315.com, Shengyibaoku, My steel net, Global Market, B2B.com and IBI were small market players.

China SME B2B total revenue is 4.96 billion CNY in Q2 2013, which has a year-on-year growth of 19.2% and QoQ increase of 7.4% according to data from iResearch. Compared to Q1, the year-on-year growth in Q2 slowed down, but QoQ growth goes up a little.

Due to international market sluggish, China SME B2B growth slowed down. However, domestic demand was positive in Q2 which provided good opportunities for SME.

Statistics show that China SME market share by revenue situation hasn’t changed too much, with top 8 enterprises occupying 63.9% market share. Alibaba kept the lead with 42.9% in Q2, 1.2% higher than Q1 2013. Global Sources jumped to 7.5% and DHgate up slightly in Q2 this year.

Alibaba’s growth in market share is likely due to its increased number of members and the new P4P (pay for performance) model in its international version of website.

According to Enfodesk, Alibaba led the B2B market with the 47.9% market share, followed by Global Sources and HC360 ,with market share of 10.6% and 4.0% respectively.

Eofodesk held a view that China’s B2B market is now in times of change, and every enterprise is going through the transformation according to their advantages and features.