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Vancl Sales Volume Up 30% YoY in Q1-Q3 2012

Netease Tech, 11/09/12

Chen Nian, CEO of Chinese B2C clothing website Vancl, announced at the Asian Logistics and Maritime Conference in Hong Kong today that Vancl's sales volume grew nearly 30% YoY in the first three quarters of 2012 and the company is nearing its profit target.

Vancl currently has 20 mln users, each placing an average of 4-5 orders annually at an average of RMB 150-200 per order, with 60% of orders coming from first-tier cities. Vancl has already partnered with third-party couriers in Hong Kong to ensure speedy delivery.

Keywords: Asian Logistics and Maritime Conference Chen Nian Vancl Hong Kong Internet B2C sales volume logistics apparel e-commerce

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