B2C Pharmaceutical E-Commerce Site Goes Live

Beijing Times, 11/22/10

Sha'anxi-based pharmaceutical firm Topsun has that its subsidiary, Beijing Dongsheng Tianwang Network Technology, has launched a new online medicine B2C site Conyi (in pinyin: Kangyi Jiankang Wangshang Yaodian) (http://shop.511511.com) yesterday. The new site will sell genuine medicines online through a B2C model, and has already received a license for online sales of medicinal products.

A spokesperson for the new site said that the price of medicines sold through the site would be 5% to 10% lower than retail store prices. Any time a customer orders RMB 150 or more in a single purchase, the site will cover delivery costs.

Editor's Note: According to 511511.com, the website received RMB 50 mln in investment funds from Topsun and Anhui-based traditional Chinese medicine retail chain Tianjian Guoyaotang.

Keywords: e-commerce Internet online healthcare B2C Conyi

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