Welcome to AsiaBizTech Web Site

Top Page
Site Map
News at a Glance Member Services AsiaBizTech Resources

Advanced Search

(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • First Web Department Store Opens in Shanghai
  • September 10, 1998 (SHANGHAI, China) -- Shanghai, the leading financial and commercial city of China, opened its first online department store recently.
    The Yixiang Shopping Center launched its Internet site, offering about 1,000 items for sale to Web users.

    The number of commodities for sale on the site is expected to increase to 10,000 by the end of this year.

    The Yixiang Web shopping system was jointly developed by the Shanghai Commercial Information Center and China Textiles University.

    Since 1996, Shanghai has set up a number of small shops on the Web, including a bookstore, flower shop and drugstore.

    Some local observers believed that the number of department store customers in Shanghai will decline by 20-30 percent by the end of the century due to the growth of online shopping and electronic businesses.

    (Xinhua News Agency)

    Copyright © 1997-98
    Nikkei BP BizTech, Inc.
    All Rights Reserved.
    Updated: Wed Sep 9 18:50:16 1998 PDT