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  • creliho creliho Sep 4, 2013 12:41 PM Flag

    Search: Comparing the Major Players in the Chinese eCommerce Industry

     

    Fireswirl saw a big boost to their revenues and improved margin from 2011 thanks to an agreement with eBay Enterprise (formerly GSI Commerce), a division of eBay, to bring their client list of over a thousand retailers and brands to China. Expect further growth to take place for the company as they extended their partnership with the eBay subsidiary and as eBay expressed interest in becoming a bigger player in the Chinese eCommerce industry. FSW.V's revenues are small when compared to its larger American-listed counterparts, but they have already managed to maintain a scale where they are essentially at a break even point. Fireswirl looks poised to surpass $40M in revenue for 2013, doubling their total revenue for 2011.

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