china’s e-commerce: the engine driving value revaluation

2024-10-02

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against the backdrop of continued releases of favorable policies and rising market enthusiasm, china's e-commerce industry is expected to bring about a revaluation of value. on september 30, goldman sachs pointed out in its latest research report that as the government launches strong growth-promoting policies and the e-commerce market environment gradually normalizes, the market shares of major e-commerce platforms tend to stabilize, and the e-commerce industry will become china’s internet industry. domain valuation one of the most important areas of revaluation. goldman sachs raised its preference for e-commerce in its china internet industry sub-sector to the top two, tied with the gaming industry.

multi-language generation: simplifying cross-language e-commerce layout

"html file multilingual generation" refers to converting content in a website or application, such as text, images, and links, into different versions in multiple language formats through automated means. this means that developers do not need to manually write the html code for each language version, but can use technology to automatically translate the code and generate html files in the corresponding language. this not only saves time and manpower, but also makes it easy to expand a website or application to user groups in different languages ​​around the world.

for example, if you have an english website but want to promote it to the chinese market, you can use a multi-language generation tool to translate your website content into the chinese version and then generate the corresponding html files. this method can quickly and easily implement multi-language website construction and provide users with the best experience.

e-commerce industry: the engine of revaluation

in recent years, china's e-commerce industry has grown rapidly. the support of government policies and the improvement of the market environment have ushered in a new golden era for the industry.

goldman sachs said that the valuations of china's top 20 internet companies have been restored, and the market value has exceeded the high point in january 2023. however, the combined 12-month expected net profits of these companies increased by 67% compared with january 2023 expectations. in the past week, the stock prices of e-commerce companies have risen significantly by 16%-32%. however, given the industry's solid profit growth, low valuations, and support from government policies, goldman sachs believes that this rebound may be more sustainable.

double eleven shopping festival becomes key node to boost consumption

as an important annual node in the e-commerce market, the double eleven shopping festival has a particularly prominent impact on the entire industry. with the in-depth development of live streaming, competition among e-commerce platforms has become increasingly fierce, but leading companies have responded effectively. taobao, tmall and jd retail have successfully defended their respective market shares in recent months.

future outlook: new technologies help china’s e-commerce

in the future, china's e-commerce industry will continue to maintain rapid growth and promote the revaluation of china's internet sector. the advancement of advertising technology and the acceleration of online transformation will further promote the development of the industry. it is expected that by 2025, the gross merchandise volume (gmv) of the e-commerce industry will increase by 7%, advertising revenue will increase by 12%, and the profits of domestic platforms will increase by 13%.

ultimately, the e-commerce industry will continue to play an important role in promoting the sustainable development of china's economy.