OSell
Type of site | Private |
|---|---|
| Founded | 2010[1] |
| Headquarters | , |
| Area served | Worldwide |
| Key people | Kevin Fenn (CEO) [3][4] |
| Industry | Internet |
| Employees | 1,000+ (Jan 1, 2015) [5] |
| Website | www |
| Alexa rank |  375,709 (July 2016[update])[6] |
OSell is a Chinese cross-border e-commerce group[7] with its headquarters in the south western city of Chongqing[2] in the Yuzhong District.[3] All global operations are conducted through its office in Hong Kong.[8] A subsidiary of DinoDirect China Limited,[3] it includes a B2B platform[9] and a trade fairs and exhibitions concern under the Global OConnect brand. The Group's original B2B2C approach[10] is built on China's popularity for cross border B2B e-commerce as well as its position as the world's largest e-commerce market.[11] It considers itself "the Chinese supply chain partner" of overseas buyers.[12]
OSell aims to be a one-stop solution for commerce with a network of warehouses and display centres throughout the world while allowing manuacturers to sell directly to retailers and bypassing the middle man.[13] Virtually everything from clothes to jewellery to consumer electronics to security items can be sourced through its platform.[9] In addition, to promoting e-commerce, the Group organises and co-organises related forums, summits and conferences such as the China-Russia e-Commerce Summit held in Moscow, Russia in 2015.[14]
The Group was established by Kevin Fenn in 2010.[4]
Focus[edit]
The Group is focused on promoting products of Chinese origin.[15] Its plans including building local experience centers, warehouses and after-sale services in cities along the "The Belt and Road" (also known as One Belt, One Road).[5] In 2013, the Chinese Government first mooted the concept of "one belt and one road" as a network of overland corridors across Central and Western Asia, connecting China and Europe.[5][16][17] This concept would also include a maritime route linking China with Southeast Asia as well as Europe and Africa.[16][17] Local experience centers are places where prospective buyers can physically view products before ordering them. Additionally, strategically placed warehouses would facilitate logistics and speed up delivery. It also plans to focus on the concept of "two parks for two countries." This concept involves building two showrooms: one in China and the other in the foreign country, so as to showcase each others products.
History[edit]
OSell Group was established by Kevin Fenn in 2010. With additional funding, within two years it had established an office in Dubai, UAE.[1] By mid 2013, its catalog had the names of over 53,000 manufacturers, wholesalers and retailers from China with some 30 million items listed.[9] The Group is supported by the local government.[7]
Over the next three years, the company expanded by acquiring and partnering with other companies During this time, it also co-organised events promoting e-commerce in target countries. A three day exhibition connecting Russian retailers and Chinese manudacturers was held in October-November 2014 in Gongguan, China.[18] To help expand in Russia and provide faster delivery options, in December 2014, it acquired the logistics and supply chain management company, TDPro.[5] In April 2015, along with Alibaba, it represented China at the first BRICS (Brazil, Russia, India, China and South Africa) Expert Dialogue on e-Commerce held in Moscow, Russia. Such dialogues are aimed at creating conditions for free e-commerce amongst BRICS countries.[19] During the same month, it signed an agreement with UnionPay International enabling its overseas customers to pay using the Company's international cards.[20] Later in October, it co-organised the China-Russia e-Commerce Summit in Moscow, Russia.[14] By the end of 2015, it was one of six key entities in the cross border e-commerce market in China.[21]
In March 2016, an agreement to construct "two parks for two countries" was signed between OSell and the Czech Trade and Tourism Alliance.[22] As part of its European strategy, in May 2016, it acquired the French company Comex.[23] A month later, the China-Poland Online Silk Road Economic Cooperation Forum was organised in Warsaw, Poland as part of an official Chinese government visit to the country.[24]
Relations with the Chinese government[edit]
OSell is one of four e-commerce companies to be ratified by the Ministry of Commerce.[25] In April 2016, it was officially recognised by Premier Li at Boao Forum for Asia’s Annual Conference.[25]
Services[edit]
OSell aim is to provide an all-in-one solution to consumers and suppliers including IT support, product quality check, payment management, delivery services and branding options.[26] There is also an anti-fraud system in place.[26] It works on the principle of globalised localised operations.[1]
Offices[edit]
The Group is headquartered in Chongqing, with offices across China including in Beijing, Shenzhen, Shanghai, Guangzhou, Hefei and Mianyang.[27] Its global operations are run from Hong Kong[8] with worldwide offices in Moscow, Russia; Jakarta, Indonesia; Montreal, Canada and Canberra, Australia.[5]
Experience centers/Warehouses[edit]
Experience centers and warehouses have been built and planned for in various countries acround the world. In early 2015, Moscow saw the first ever experience center. Domestically, the company has warehouses in Shenzhen, Guangzhou, Shanghai[5] and Urumchi.[26] Internationally, warehouses exist in Russia and Ukraine[5] with one opening soon in Toronto, Canada.[13]
Custom Clearance Platform[edit]
Started in July 2014, this platform's main purpose is to ensure business is conducted in a legal and transparent manner.[28] There are four types of customer's clearance services including general export, and online shopping bonded imports.[29]
Delivery and transportation[edit]
Currently (June 2016) in delivers to 218 countries and districts.[30] Products to Europe are sent through the Yuxinou Railway, the Chongqing-Xinjiang-Europe international railway.[31] It aims to transform this railway into the main route for all logistics handled by the company.
App[edit]
The Group's B2B platform is offered through its app for both IPhones and Android phones. Features include instant messaging and translation services for international buyers[32] as well as a global samples centre, order management and overview of OConnect showrooms.[33]
See also[edit]
Others articles of the Topic China : Traditional Chinese characters, Simplified Chinese characters
Others articles of the Topic Companies : Starbucks Corporation, Univision Communications Inc., Career Education Corporation, Warner Music Group Corp., Spümcø, Inc., Lehman Brothers Holdings Inc.
Others articles of the Topic Internet : List of most popular websites, Rotten Tomatoes, PewPew, Amazon Music, Newgrounds, YouTube Music, Kayden James Buchanan
External links[edit]
References[edit]
- ↑ 1.0 1.1 1.2 Introduction to OSell pg 25.OSell official website. Retrieved 12 July 2016
- ↑ 2.0 2.1 Asia Mission Report 2016 pg 7 Government of Toronto, Canada 20 June 2016 Retrieved 05 August 2016
- ↑ 3.0 3.1 3.2 Company Overview of OSell DinoDirect China Limited Bloomberg. Retrieved 14 June 2016
- ↑ 4.0 4.1 4.2 Kevin Fenn BOAO Forum for Asia. Retrieved 14 June 2016.
- ↑ 5.0 5.1 5.2 5.3 5.4 5.5 5.6 Chinese retailer Osell acquires Russian logistics company Oceanpayment.com Retrieved 14 June 2016
- ↑ "OSell.com Site Overview". Alexa Internet. Retrieved July 11, 2016.
- ↑ 7.0 7.1 Chongqing Based E-commerce Company OSell Aims to be the World's Leading Cross-border E-commerce Company prnewswire July 2014. Retrieved 18 July 2016
- ↑ 8.0 8.1 Introduction to OSell pg 10. Official OSell website. Retrieved 12 July 2016
- ↑ 9.0 9.1 9.2 Osell Makes Sourcing From China Now Easy and Secure to E-Merchants Businesswire.com 01 July 2013 Retrieved 14 June 2016
- ↑ A new influx of Chinese companies into Russian e-commerce By Adrien Henni internetRETAILER 17 September 2015 Retrieved 13 July 2016
- ↑ Asia-Pacific: the world’s largest e-commerce market Ascendia Retrieved 12 July 2016
- ↑ OSell seeks piece of Brazil e-biz wave by Yu Wei China Daily USA 20 January 2014. Retrieved 18 July 2016
- ↑ 13.0 13.1 Tory's trade mission to China sees $3.5-million investment in Toronto by Luke Simcoe Metronews 11 April 2016. Retrieved 14 June 2016
- ↑ 14.0 14.1 China-Russia e-Commerce Summit official website Retrieved 12 July 2016
- ↑ The revolution in trade with China Onet (Polish) Retrieved 11 July 2016
- ↑ 16.0 16.1 Russia: OSell acquires TDPro January 2015. Retrieved 14 June 2016
- ↑ 17.0 17.1 Chinese E-commerce Giant OSell Acquires Russian Company TDPRO, Building the First Chinese Products Experience Center January 2015. Retrieved 14 June 2016
- ↑ We Make Retailers and Manufactures Connected prnewswire 31 October 2014 Retrieved 18 July 2018
- ↑ On 14 April Moscow will host BRICS Expert Dialogue on e-Commerce Official website of Russia's Presidency of BRICS. Retrieved 11 July 2016
- ↑ Introduction to OSell pg 28 OSell official website. Retrieved 12 July 2016
- ↑ China Cross-Border E-Commerce Industry 2015 Market Research Report Allied Analytics LLP 08 December 2015 Retrieved 20 July 2016
- ↑ Introduction to OSell pg 42 OSell official website. Retrieved 11 July 2016
- ↑ Global OConnect Leads a Revolution of Trade With China by Launching Exhibition Warehouse in Canada Yahoo Finance. 28 June 2016 Retrieved 11 July 2016
- ↑ Ambassador of China-Poland Friendship, OSELL Group Builds Economic Highway between China and Eastern Europe Trader Link 16 June 2016. Retrieved 12 July 2016
- ↑ 25.0 25.1 Introduction to OSell pg 9 OSell official website. Retrieved 25 July 2016
- ↑ 26.0 26.1 26.2 China’s DinoDirect launches huge sourcing platform for Russian e-merchants by Adrien Henni East West Digital News 28May 2013. Retrieved 12 July 2016
- ↑ Introduction to OSell pg 11. Official OSell website. Retrieved 12 July 2016
- ↑ Alibaba and Chinese rivals pour into Russia's booming e-commerce arena By Adrien Henni 14 August 2014 Internet Retailer Retrieved 12July 2016
- ↑ OSell Leads First Custom Clearance Of Cross-border E-commerce Service Platform (China) pg 15 2014. Inpost Retrieved 19 July 2016
- ↑ Numbers OSell official website. Retrieved 14 June 2016
- ↑ OSell offers global window for factories By Jiang Xueqing, China Daily. 25 December 2015. Retrieved 16 June 2016.
- ↑ Introduction to OSell pg 18. OSell official website. Retrieved 12 july 2016
- ↑ Introduction to OSell pg 19. OSell official website. Retrieved 12 july 2016
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