How can Alibaba change RT-Mart? Since Alibaba invested 22.4 billion yuan (US$3.43 billion) in the retail chain’s parent company, Sun Art Retail Group, the … [Read More...]
China Retail / Online Shopping Trends & Insights
Cross-border e-commerce startup Xiaohongshu reached 100 mn users in May 2018
China’s e-commerce startup Xiaohongshu, or "Little Red Book,” has raised US$300 million with a valuation in excess of US$3 billion on May 31, 2018. … [Read More...]
China Travel Trends & Insights
Parent-child tourism trending in China 2018
Traveling gradually becomes a lifestyle choice for Chinese. In particular, Chinese travelers from tier-1 cities like Beijing, Shanghai, and Nanking have … [Read More...]
Chinese tourism insights for Dragon Boat Festival and FIFA World Cup 2018
During this 3-day festival, China saw 89.1 million person-trips with a total tourism revenue of over US$5.5 billion, an increase of 7.3% YoY. As it … [Read More...]
Media & Entertainment
The popular video app in China, Tik Tok hits 150 mn DAU and 300 mn MAU up in June 2018
So far, Tik Tok (also known as Douyin in China), Headlines Today (Toutiao)-affiliated short video platform and social network, has reached over 150 … [Read More...]
WeChat launched Brand Search
WeChat team announced the launch of brand search on WeChat Official Accounts platforms. Those having brand search enabled will get extra features … [Read More...]
China Consumer Products
Chinese Consumer Trends 2018: IoT, AI, AR/VR, and Privacy
The emerging digital market is accelerating Chinese consumers' consumption upgrading. Nowadays, Chinese consumers are more able to consume sensibly. … [Read More...]
New consumption trends in China 2018
The upper middle class and the affluent families will account for 55% of personal consumptions in urban areas in China in the next five years, … [Read More...]
China Technology News
Apple’s App Store took US$3.57 bn from China in Q2 2018, up 25% YoY
Apple's App Store generated 23.7 billion yuan (US$3.57 bn) from China in Q2 2018, up 25% over Q2 2017 (US$2.86 bn) and 6% over Q1 this year. Almost the same as Q1 2018, though mobile gaming apps accounted for the … [Read More...]
How many mobile apps in China? Over 4 million…
For the first four months of 2018, internet enterprises above designated size in China generated 264.9 billion yuan, an increase of 24.9% year-on-year. Meanwhile, the overall R&D expenditure totaled 14.45 … [Read More...]
Top Public Cloud in APAC in Q1 2018; Alibaba, Tencent among top 5
Within public cloud services market, Alibaba Cloud ranked second in the APAC region and fourth worldwide. In China, the top five cloud providers are all local companies. China now accounts for a third of the … [Read More...]
Alibaba’s first eWTP hub gone live in Malaysia 2018
Alibaba Group’s first eWTP hub outside of China has gone live in Malaysia. The milestone follows Alibaba’s partnership with the Malaysian Digital Economy Corporation (MDEC) to work jointly to enable Malaysian small … [Read More...]