China Post Group of test water to carry e-TOM

In the area of electronic commerce defeated the TOM Group, this would use "sugar daddy" way to seek a breakthrough.

Recently, the China Post Group and the TOM Group, a joint venture of B2C e-commerce website, "Post Music Network" was officially launched on the line. Post a joint venture in China account for 51% of shares, the remaining shares owned by the TOM Group.

"Failure is experience." China Post Group Post Business Board Vice President, Senior Economist commented Chen, TOM Group.

In 2004, TOM TOM Online Group spin-off in Hong Kong and Nasdaq, respectively, in the portal business and the final match for various wireless business portal, had 3 September 2007 and 6 were from Hong Kong, Nasdaq withdrawal. This is the first overseas listing and delisting in the privatization of the concept of share companies in China.

In addition, TOM Online with eBay in China, specializing in e-commerce set up a joint venture TOM eBay, eBay and TOM Online are 49% and 51%, respectively, invested 40 million U.S. dollars and 20 million U.S. dollars. But eventually lost to Taobao and successive losses in recent years has faded and people perspective.

This time with China Post, TOM Group has its eyes on China Post should be a strong logistics system, and the logistics system in the area of electronic commerce have occupied more and more important position. At present, China Post line, including 46,000 postal outlets, 36 000 150 000 bank outlets and distribution staff, and has a nationwide logistics network. China Post Group is also developing new business, in its latest layout, but also the world's largest database marketing company Aberdeen off together to carry out China's direct-mail market.

Chen Ching-stress, online services and the line to buy the same pace to start trial operation in October last year since the site has attracted thousands of domestic and international famous brands on the line, more than 20,000 line items. B2C e-commerce in China, but this is a leader in the field of the gap is still larger than the Amazon excellent, excellent online products, including the Amazon 24 categories, more than 1.5 million.

However, Chen Ching of the TOM Group, or shown enough confidence, "because failure than you can draw experience and TOM Group, the Internet has some experience." Chen, for example, some companies like to recruit to recruit drivers out of some small accident the driver, he said optimistically, "is expected to Post Music Network will soon be profitable."