360Buy to Purchase RMB 2 Bln in Nokia Terminals in 2013
Sohu IT, 12/20/12
Beijing-based B2C e-commerce platform 360Buy today announced a strategic partnership with Nokia, agreeing to procure RMB 2 bln in Nokia terminals in 2013. 360Buy VP Wang Xiaosong said that the platform's handset business has seen a nearly 300% compound annual growth rate (CAGR) since it launched in 2007, and estimated that 360Buy's total handset sales will reach RMB 10 bln in 2012. In addition to selling handsets, 360Buy will also provide precision marketing and user activity analytics.
Keywords: e-commerce handset Internet Nokia B2C 360buy procurement
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