Total cross-border e-commerce transactions were projected to hit 9.1 trillion yuan (US$1.33T) with 101 million haitao users by the end of 2018. 67.7% of users went to cross-border e-commerce platforms buying overseas for the first time. Haitao is the act of Chinese buying overseas either through online platforms or individual agents. China’s imports and exports increased […]
Huawei topped with the highest retention rate of 21.2% while iPhone scored 61.5% in loyalty. Smartphones priced below 3,000 yuan accounted for over 80% of sales volume in Q3 2018. JD.com took 52% share of the smartphone e-commerce market, followed by Tmall.com (24%). Huawei held the highest retention rate of 21.1% among Chinese smartphone users, meaning every […]
Monthly active users of Momo reached 110.5 million in September 2018, compared with 94.4 million the prior year period, according to its unaudited financial results. Total paying users of Momo’s live video service and value-added services, including 3.6 million paying users of Tantan, were 12.5 million for Q3 2018, an increase of 71.23% year-on-year.
43 million Chinese traveled overseas in Q3 2018 according to COTRI, an increase of 10% year-on-year. A slow decline compared with the growth of 17% in Q1 and 16% in Q2.
Tik Tok topped the ranking of mobile apps with most downloads on Apple App Store in China in October 2018. PUBG, iQiyi, Tencent Video, and Xiaohongshu all retained their positions. Toutiao, Qutoutiao, and Xianyu made big progress. Tencent’s Honor of Kings still earned most. Eight out of the top best earners were game apps.
Chinese smart speaker users were expected to surge by 885% to 34.2 million by the end of 2018, representing 4.2% of overall internet users. China and America combined accounting for 70% of global smart speaker market in terms of sales. The top four vendors were Amazon, Google, Alibaba, and Xiaomi. Baidu’s DuerOS is potential to subvert the smart […]
Chinese cross-border e-commerce players took advantage of Black Friday to launch a big promotion for imported goods. To some extent, Black Friday is more distinct in theme for cross-border e-commerce than Double 11. Sales of many direct delivery products were more than doubled on JD.com. NetEase Kaola saw sales exceeding the entire sales of last year’s […]
60.47 million people traveled to China in 2017, which was decreased by 0.4% year-on-year in H1 2018. Residents in Hong Kong, Macau, and Taiwan accounted for around 80% of the total. The mainland China generated US$32.6 billion from international inbound visitors in 2017, less than Hong Kong’s US$33.3 billion.
Weibo reported a net addition of approximately 70 million in MAUs year-on-year to reach 446 million in September 2018. Mobile MAUs represented 93% of total MAUs. DAUs had a net addition of approximately 30 million users year-on-year and reached 195 million.
Production and sales of new energy vehicles (NEV) in China reached 734.6 thousand units and 721.5 thousand units for the first nine months of 2018, an increase of 73.05% and 81.05% year-on-year, respectively, according to the China Association of Automobile Manufacturers (CAAM).
Regarding the top 5 smartphone brands in China, Huawei and Xiaomi attracted rather more married men users at the age of around 25-34. By comparison, Apple was much more appealing in the eyes of young women who haven’t married and earn less than 3k yuan a month. The top five smartphone vendors made up 87.7% […]
China shipped 102.7 million units smartphones in Q3 2018, a decline of 10.2% year-on-year. The top 5 vendors took over four-fifths of the market, Huawei’s the biggest player. Apple’s shipments dropped by 12.9% while still ranked second in terms of sales value.