Released on: October 19, 2007, 1:38 am

Press Release Author: Ricky Chung/DHgate.com

Industry: International Trade

Press Release Summary: In any global setting, volumes in B2B transactions outstrip
B2C trading. In fact it is the B2B businesses that are the true barometer of an
economy's success as they represent the true economic capacity of a society or even
a nation.
DHgate is today at the forefront of this new age online B2B trading, by effectively
leveraging the global "made in China' brand equity. DHgate has integrated advanced
ecommerce tools and the latest web technologies from such online leaders like Google
and PayPal. This enables DHgate to implement global best practices across business
traders and sellers, both in US and in China (irrespective of their size and ability
to purchase/subscribe to latest technological innovations).

Press Release Body: Online B2B Marketplaces: Future 'Prosperity' Engines


In any global setting, volumes in B2B transactions outstrip B2C trading. In fact it
is the B2B businesses that are the true barometer of an economy's success as they
represent the true economic capacity of a society or even a nation. Besides while
B2C transactions are all about selling and spending, B2B businesses create wealth by
enabling further 'revenue-generating' selling. B2B businesses, whether service
providers or goods wholesalers, help other businesses procure the right
goods/services for further repackaging or reselling to their end customers. Thus B2B
transactions create wealth and jobs in other businesses. While online B2C is about
helping end customers save money from cheaper buys, online B2B is about helping him
raise his standard of living as he now can be a successful trader by building a
better revenue stream for his entire life. This is not only fuelling an export led
job boom globally, but also generating more revenues for all the connected
businesses in the B2B transactions. In fact B2B will drive B2C online sales too, as
business owners thriving due to cost effective B2B shopping have more money to
satisfy their personal needs too, possibly by spending on B2C portals. Thus online
B2B trading is a 'revenue force-multiplier' and the true engine of growth linking
economies and nations and not just people.

China at the forefront of Online B2B trading

China today is the preferred manufacturing destination in the world, thanks to its
proven promise of high quality goods at unbelievable low costs and reliable 'cost
maintenance' track record too. Online B2B trading platforms from China have proven
to be a boon for the global business community. The volume of business transactions
online B2B platforms will thus be far bigger as corporate do big ticket transactions
more often than individual B2C consumers. Billions of dollars worth of business will
be transacted on online B2B platforms as compared to millions on B2C platforms. Thus
the revenue potential of this business is many leagues ahead of B2C models. Online
B2B trading/sourcing platforms in China are today at the forefront of connecting
many thousands of small, medium and even large Chinese manufacturers directly with
many thousands of small and medium businesses across the world. These interconnected
transactions are beginning to boom as businesses at both the ends of this symbiotic
relationship prosper. While the Chinese manufacturers have access to a larger global
universe of targeted buyers, the buyers have a simple, cost effective means of
reaching out to even the niche product Chinese manufacturer of some very unique
items. All this business is now boundary-less and limited by only the imagination of
the interconnected business leaders.

Dhgate: A Global online B2B trading Pioneer

DHgate is today at the forefront of this new age online B2B trading, by effectively
leveraging the global "made in China' brand equity. DHgate has integrated advanced
ecommerce tools and the latest web technologies from such online leaders like Google
and PayPal. This enables DHgate to implement global best practices across business
traders and sellers, both in US and in China (irrespective of their size and ability
to purchase/subscribe to latest technological innovations). This has greatly
improved the global sourcing business thereby boosting international trade and
business synergies. More than 40m SMEs are today leveraging the internet to import
their requirement from over 100,000 sellers in China listing over 10million products
on the secure DHgate.com marketplace. Post this bargain purchase through the secure
escrow service of DHgate.com, they then export their products to every corner of the
world e.g. a small town in Africa after sourcing better cheaper products from China
directly. DHgate is thus fuelling online export led growth in China. The next growth
in online B2B trading in China would be to facilitate businesses in China to
effectively import better products/raw materials cheaper. This would in fact boost
exports of US and other countries into China and greatly help improve the world's
trade imbalance with China. B2B trading in general and DHgate in particular would
greatly contribute to bringing nations together and boosting global, export led
trade. As a first mover DHgate plans to give online B2B businesses an easy way to
grow bigger - globally in today's 'Many Communities, One Unifying Truth -
Collaborative Business Growth'.


About Dhgate
DHgate is a globally popular, one stop B2B online sourcing platform since 2004.
Begun by globally web pioneers, CEO Diane Wang (Founding CEO Joyo.com) and COO
Celina Chan (MSN.com), it is re-writing history of global trade by enabling small
businesses worldwide to compete with larger competitors effectively for the first
time. Leveraging the cost efficiency of the online medium, small businesses from
over 40 countries worldwide make big profits by importing directly from China and
shipping goods at their customer chosen locations- all at amazing bargains. With
over 100,000 dedicated sellers across China listing over 10 million products with
unique combinations (bundled offerings), DHgate also attracts regular bulk buyers
from US, Europe, Australia and Asia. Sophisticated, user friendly search technology
helps international buyers accurately select the right products from over one
million listings. DHgate.com is neither a trading company nor a seller, but a vendor
neutral 'bulk sourcing gateway', where customer interests are critical. Our proven
Trust Marketing and Escrow payment facilities remove risk and boost business
confidence in this mutually beneficial business model.

Media Contact:

Ricky Chung/China: ricky@dhgate.com
Tel No. +86 10 82028870 Cell no. +86 13910810512

Anshumali Saxena/International: anshumali@dhgate.com
www.dhgate.com



Web Site: http://www.dhgate.com

Contact Details: Ricky Chung
Tel. +86 13910810512
Fax. +86 82025922
Email: ricky@dhgate.com
Address: F8 DIMENG Building, 3-2 Hua Yuan Rd
Haidian District, Beijing China
100083