Over 1 million TikTok users activated their shopping cart function
TikTok signed a 7-billion yuan agreement with Taobao including 6 billion yuan ads and 1 billion yuan commission according to leaked news online. TikTok denied
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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China retail sales of consumer goods exceed US$479B in May 2019, up 8.6%
In May 2019, the total retail sales of consumer goods reached 3,295.6 billion yuan (US$479.15 bn), up by 8.6 percent year-on-year (nominal growth rate. The
Sales & insights of China’s mid-year shopping festival (618) 2019
Taobao 618 Livestream 618, usually from mid-May to 18 June, is China’s largest mid-year shopping festival. This year’s Tmall 618, there were hundreds of domestic
How is Pinduoduo a valuable e-commerce platform for top tier cities in China?
Many Chinese consumers have the impression that most users of Pinduoduo are housewives, middle-aged, or elderly people who live in third-tier or fourth-tier cities. They
A community based e-commerce platform penetrated 10 million households
Founded in 2018, Shihuituan is a gourmet community e-commerce service platform. It focuses on fruits and vegetables as well as household items targeting the community
Introduction to Xiaomi’s e-commerce platform Youpin
Youpin is where Xiaomi’s aspirations for extending the boundaries of its core business lies. Its product categories have been extended from core products smartphone and
Mid-year shopping war is on; Tmall half day GMV broke last year full-day record
Tmall 618 Campaign On 1st of June, Tmall 618 mid-year shopping festival reached its first peak. Within less than one hour, from midnight to 1:00
Tmall & JD accounted over 80% of B2C e-commerce in China
China’s online shopping market expects to see total transactions of US$1.44 trillion by 2019. The market share of B2C e-commerce dropped to 56.2%, with Tmall
80% of Chinese consumers’ unplanned shopping comes from social e-commerce
Chinese social e-commerce companies have been growing at a compound annual growth rate of 100.6%. Their penetration rate has increased to 11.9%. 80% of internet
China consumer retail sales grew by 8% from Jan to Apr in 2019; 23.7% online
In April 2019, China’s total retail sales of social consumer goods reached 3,058.6 billion yuan (US$442.82 bn), up by 7.2% year-on-year nominal growth rate (excluding
Top comprehensive e-commerce apps in 2018
Market penetration of comprehensive e-commerce mobile apps in China increased steadily to 67.3% in December 2018. Mobile Taobao led this market with a penetration of
Meituan’s annual transacting users grew by 26.4% to 412 million in Q1 2019
Meituan Dianping’s total revenues increased by 70.1% year-over-year to RMB19.2 billion in Q1 2019 from RMB11.3 billion in Q1 2018 and decreased by 3.2% quarter-over-quarter
Online discount retailer Vipshop’s active customers close to 30 million in Q1 2019
Vipshop, China’s leading online discount retailer for brands, announced its unaudited financial results for the first quarter ended March 31, 2019.
Tencent testing a new social shopping feature on WeChat
During the night of May 11, WeChat “quietly” made a major update to the “Goodies Circle”, which was praised by the industry as the “shopping
E-commerce platform Pinduoduo saw huge increases in both revenues and operating losses in Q1 2019
Pinduoduo’s GMV in the twelve-month period ended March 31, 2019 was RMB557.4 billion (US$2 83.1 billion), an increase of 181% from RMB 198.7 billion in
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.