The leader of China's B2B market, Alibaba, has entered the countdown phase for its IPO in Hong Kong. By then, the three musketeers of China's B2B - Alibaba,慧聪网 (Hc360.com), and NetSun Technology - will all have entered the capital market. However, up until now, the only profit data of Alibaba that is known to the public are those revealed by Jack Ma, while others may only be truly understood after Alibaba's official listing. But if we only look at the publicly available data of慧聪网 (Hc360.com)and NetSun Technology, at least from two aspects - profitability and expansion - China's B2B e-commerce model has not been successful.
The Three Musketeers of China’s B2B
As Jack Ma’s Alibaba enters the final countdown for its listing in Hong Kong, the three musketeers of China’s B2B represented by Alibaba,慧聪网 (Hc360.com), and NetSun Technology will be fully revealed and may become the aspiration of many. Of course, the competition and cooperation among the three musketeers will influence the future development of China's B2B market.