News

Advanced Search

Pandora Eyes China Breakthrough via Online Entry

Oct 18, 2016 7:37 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Pandora has launched on Alibaba’s ecommerce platform Tmall.com, as the Denmark-based jeweler aims to break into the Chinese market.

Internet retailing, which grew 53 percent last year, is gaining traction in China because of faster internet, improved payment security and increasing convenience, Pandora said. The country’s jewelry market is the largest in the world, the company added.

“The launch of PANDORA jewelry on Tmall.com is another important step in establishing the Pandora brand amongst Chinese consumers,” said Kenneth Madsen, president of Pandora Asia Pacific. “Tmall is a clear leader in China's internet retail space, and is the right business partner for Pandora to get the broadest approach to the Chinese consumer.”
Tags: alibaba, China, Chinese market, Denmark, ecommerce, Internet retailing, online retail, Pandora, Rapaport News, retail, Tmall.com
Similar Articles
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.