China car sales continued to grow and car ownership totalled 170 million in 2015, up 11.4% according to iResearch. … [Read more...]
Trend of China’s Automobile Consumption in 2015
With the booming of the new emerging market, automobile has become less expensive, and the internet has brought an open platform which makes it more reachable to families. China Automotive Technology Research Center estimated last year that automobile sales volume will reach 25.5 million in 2015 and 35 million in 2020 with average annual growth rate of 7%. … [Read more...]
China Auto Buyer Insight in Q2 2015
Since the start of 2015, the growth rate of Chinese automobile transaction volume had slowed down its growth. In June 2015, the growth rate of the automobile market was merely 1.4%, 7 percentage points lower than June 2014. … [Read more...]
China’s Mobile Car Calling Market from 2014 to 2015
Kuaidi and Didi mobile car calling apps still rank first in China's car calling market by usage rate according to iiMedia Research. Carpooling will become the next focus of competitions in China's car calling market. … [Read more...]
China Private Car O2O Market in Q1 2015
In Q1 2015 in China, the top 3 private car service apps were Didi private car (including Yihao private car), Yidao yongche and Uber by total number of active users. EnfoDesk estimates that China private car service will strengthen its service and become the first choice for tier-1 and tier-2 citizens in the near future. … [Read more...]
China Online Automobile Buyers Insights 2014
Since 2000, China automobile market has been developing rapidly. As of 2013, average sales volume of automobile increased by 19.8% annually in China. However, the growth slowed in recent two years. China Automotive Technology Research Center estimated that automobile sales volume will reach 25.5 million in 2015 and 35 million in 2020 with average annual growth rate of 7%. … [Read more...]
China Top Automobile Websites in Q3 2014
In Q3 2014, top 3 automobile websites by total user reach on desktop were Autohome.com, BitAuto.com and PCAuto.com with 47.68 million, 35.6 million and 32.48 million respectively according to data from EnfoDesk. … [Read more...]
Top 10 China Automobile Advertisers in Sep 2014
In September 2014, total online display advertising spend of automobile brands in China exceeded RMB570 million (US$92.78 million). … [Read more...]
China Taxi App Users Exceeded 154 Mln in Q3 2014
As of 30 September 2014, the number of China taxi app users was 154 million. Kuaidi and Didi Dache apps are the two most popular taxi apps in China. Kuaidi had 54.4% market share by total number of users, followed by Didi Dache with 44.9% according to data in report of China taxi app market in Q3 2014 published by EnfoDesk. … [Read more...]
China Car Rental Service Performance in Q2 2014: Shenzhen VS eHi
As one competitor of Shenzhou Car Rental Service who's listed in Hong Kong Stock Exchange, eHi Car Rental Service is making struggling to catch up. However, according to its finance data, it still faces many challenges and the gap with Shenzhou Car Rental Service in total revenue is getting bigger. … [Read more...]
Business Car Renting Services’ Potential in China
In a survey conducted by Tencent, 17% respondents said it's convenient for their daily transport with taxi service mobile apps while 45% had no idea about what such mobile app is. Since 26% respondents thought it still needs to improve and many Chinese mobile users are not aware of taxi service mobile app, there is much potential for its development in China. … [Read more...]
China Automobile Market Overview in August 2014
In August, the number of total produced vehicles exceeded 1,714.4 thousand with a decrease of 0.34% (QoQ) and 2.22% increase (YoY) in China. The number of sales volume increased to 1,715.6 thousand with a QoQ increase of 6.02% and YoY increase of 4.04% according to data of China Association of Automobile Manufacturers in August. … [Read more...]
China Top 10 Automobile Advertisers in July 2014
In July 2014, total online advertising spend of Chinese automobile brands exceeded RMB480 million (US$78.16 million). Web portal, automobile website and online video platforms are the top three ad placement channels for automobile companies in China in July 2014. … [Read more...]
Weibo Sold Over 60,000 Cars Worth $1.5B within 14 Days
During 14 days' promotion on Weibo, a total number of over 60 thousand cars were ordered with a total worth of over RMB9.2 billion (US$1.5 billion). Over 30 brands, including Benz and BMW, of about 100 models were available for order on Weibo, all of which were below market price. Weibo deployed three main promotion tactics, limited time offer, cash rebate and lucky draw. … [Read more...]
82,070 Second-Hand Cars Sold Online in China in First Half of 2014
In the first half of 2014, the total transaction volume of secondhand car in e-commerce market exceeded 82,070 in China according to iResearch. … [Read more...]
Kuaidi Taxi APP Released Its Q1 Financial Performance
Right after Didi Taxi released its data on Wechat Official Account, Kuaidi announced its first quarter financial performance on March 2, 2014. By March 31 in 2014, Kuaidi Taxi had covered 261 cities including all the provincial capitals, with 650% QoQ growth rate. The number of daily transaction reached 6.23 million, 20.7 times of one year ago. … [Read more...]