Jack Ma, chairman of China's largest e-commerce empire, Alibaba Group Holding Ltd.

WSJ: 12 Executives to Watch in the New Year

The dominant player in this market is Alibaba Group Holding Ltd.

WSJ: The First-Lady Effect on China's Fashion Labels

In May it set up a unit to run its nascent e-commerce operations, preparing to take on established players like Alibaba Group Holding Ltd. and 360buy.com.

WSJ: China's Tencent Outperforms Its Western Peers