Alibaba.com heads the e-commerce market in 2007

According to a survey by the Data Center of the China Internet (DCCI) released on Tuesday, Alibaba.com, one of the world's premier e-commerce brands and the leading online marketplace for global and domestic China trade, ranked 2007 the first in the e-commerce world, with around 70% of the market share. As one of the fastest-growing Chinese internet companies, Alibaba.com was reported to own the biggest base of online suppliers anywhere, and its Hong Kong IPO had raised to $1.5 billion last November, which is the second result in the Internet history after Google's IPO in 2004. The number of its registered users (paying members) had surged from 6,000,000 (77,000) in 2004 to 24,600,000 (255,000) in June 2007.

The release tells us in addition, that other top-listed Chinese e-biz dotcoms are Netsun.com, Globalsources.com, Cn.made-in-china.com and Hc36.com and that China's business-to-business transactions in 2007 grew 25.5% YoY to RMB 1,250 billion ($168.9 billion) and are expected to exceed RMB 1,620 billion ($218.9 billion) in 2008, and RMB 2,130 billion ($287.8 billion) in 2009.