Meituan highlights Q2 2019; annual transactions per customer increased to 25.5
Total Gross Transaction Volume (GTV) on Meituan Dianping’s e-commerce platform grew by 28.7% to RMB159.2 billion in Q2 2019 from RMB123.7 billion in Q2 2018.
China Internet Stats, Trends, Insights
Retail & E-Commerce
China’s top e-commerce and retail are being integrated, a concept brought by Alibaba “New Retail”. The largest shopping festival in China are Double 11 (or Singles’ Day) in November and mid-year promotion 618 (August 18).View articles related to China’s retail, new retail, online shoppers, and e-commerce market statistics, trends and insights below. Check out cross-border e-commerce specific articles here.
Or, browser by China’s top e-commerce platform: Taobao, Tmall, JD, Kaola, Vipshop, Xiaohongshu, Pinduoduo, Amazon China.
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Pinduoduo’s annual active buyers exceeded 483 mn, ranking second in Q2 2019
China e-commerce platform Pinduoduo reported total revenues in the second quarter of RMB7,290.0 million (US$1,061.9 million), an increase of 169% from RMB2,709.0 million in Q2
E-commerce transactions on WeChat mini-programs grew by 27 times in H1 2019
The number of e-commerce transactions on WeChat mini-programs increased by 27 times year-on-year in the first half of 2019, according to an official Tencent report.
JD business highlights in Q2 2019; revenue up 23% with a profit
JD (Jingdong)’s net revenues grew by 22.9% to US$122 billion in the second quarter of 2019. Its annual active customer accounts increased to 321.3 million
Alibaba’s China e-commerce customers grew to 674 million in Q2 2019
In June 2019, Alibaba’s China retail marketplaces had 755 million mobile MAUs, representing a quarterly net increase of 34 million. Annual active consumers on Alibaba’s
Discount retailer Vipshop active customers up 11% to 33.1 million in Q2 2019
Vipshop’s total net revenue for the second quarter of 2019 increased by 9.7% year over year to RMB22.7 billion (US$3.3 billion) from RMB20.7 billion in
China’s cross-border e-commerce users overview 2019
China’s cross-border e-commerce market saw 8.8 trillion yuan transactions in 2018, over 20% of which are import e-commerce sales. The top platforms are Tmall Global
Quick comparison of Xiaohongshu, Netease Kaola cross-border e-commerce users
Besides Tmall Global and JD Worldwide, Xiaohongshu (Little Red Book, a.k.a. RED) and Netease Kaola are also leading platforms in China’s cross-border e-commerce market. Let’s
China social e-commerce market to reach 1.3 tn yuan in 2019 and 2.86 tn in 2021
Social media continues to play an important role in China’s e-commerce market in the last three years. Social e-commerce GMV reached 626.85 billion yuan in
How Becky built its e-commerce success on WeChat
In Becky’s initial WeChat e-commerce mini-program launch in December 2017, the transactions exceeded one million yuan in 7 minutes and nearly 3 million yuan sales
How a popular vlog celebrity in China expanded from online to offline retail
Millennial foodies in China are all familiar with “Cat’s Kitchen” (日食记). It is a popular food vlog that now has over 35 million subscribers with
China online retail sales grew by 17.8% in the first half of 2019
In the first half of 2019, the total retail sales of consumer goods reached 19,521.0 billion yuan (US$2,842.3 bn), up by 8.4% year on year,
China shopper trends 2019; premium products, small brands, new retail lead the future of FMCG market in China
China’s market for fast-moving consumer goods (FMCG) for at-home consumption remained robust in 2018, despite general concerns about a slowdown. Total spending on FMCG rose
Tmall Global to list 40,000 foreign brands in 3 years
A new service will help Alibaba double the number of foreign brands on Tmall Global to 40,000 in three years. Alibaba has taken another giant
WeChat testing new traffic driver for retailers
WeChat is testing a new traffic entrance, using payment pages to drive fans from their offline stores according to eBrun News.
CIW eBooks
eBook: Tmall Global Guide
Tmall Global is a leading cross-border e-commerce platform in China, enabling Chinese consumers to buy products from other countries. Introduced in 2014, international brands on
eBook: Purchase Intention of Smartphone and Smart Hardware in China
In 2019, 88.5% of online users plan to purchase at least one smart device of which smartphone accounts the most, with 66.7% of online users
eBook: How a community based e-commerce startup managed to reach 60 cities and 10 million households in China
E-commerce startup Shihuituan has over 150 million GMV and reached 10 million households across 60 cities. It aims to be the Uber of convenience stores.