
Markets
About
The Business X2c offer brand name fashion items to the hungry, massive and yet fast-growing China consumer market, dispatching the goods from overseas directly into China, leveraging on the fact that HK is not only a sourcing and logistics hub, but also enjoys tax advantage over a mainland operation. The Market 'Haitao', or simply 'the act of buying from overseas' (due to factors such as product trust, variety and pricing issues), is already common in China. It is projected to grow to 100bn USD with 35.6 million buyers, in 2018. The Traction X2C's first sale came in mid May 2014. It's average daily sales for the last 3 months averaged to be 4500USD, with very minimal marketing. It is posied to reach 1.8 million USD sales in 2015 rather comfortably even without external/additional funding. The Future X2C is going multi-channel wth presence on Tmall Global, JD.com, Wechat store and other possible marketplace, on top of its standalone website.