In June 2018, the total retail sales of consumer goods reached 3,084.2 billion yuan (US$461.05 bn), up by 9.0% year-on-year (nominal growth rate), … [Read More...]
China Retail / Online Shopping Trends & Insights
ex-Googler founded Pinduoduo ready for US IPO
China's social e-commerce player Pinduoduo updated its IPO prospectus previously filed with US Securities and Exchange Commission (SEC) on July 17, 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
Information consumption trend in China 2018
News and information mobile apps have improved a lot in user stickiness in China. The monthly total usage duration and average usage duration per user all … [Read More...]
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...]
China Consumer Products
China’s pharmaceutic industry after ‘Dying to Survive’
A hugely successful Chinese movie has brought China's pharmaceutical industry into the spotlight. What changes might happen? Starting from June 30, the … [Read More...]
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...]
China Technology News
WeChat Mini-Programs: top categories and referring sources 2018
The number of WeChat Mini-Programs is estimated to reach 3 million by the end of 2018. It is also expected to reach 400 million daily active users and improve its 1-day retention rate to 31% (which is currently … [Read More...]
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...]