Retail & E-Commerce

China retail sales of consumers goods saw the slowest growth in Nov 2018

In November 2018, the total retail sales of consumer goods reached 3,526.0 billion yuan (US$510.46 bn) in China, up by 8.1% year-on-year (nominal growth rate),

The story of a Taobao celebrity who sold 300 million yuan products on Double 11

Image Credit: Global E-Businessmen Viya, the so-called Taobao blogger who “earn a house in one night”, broke her own record in this year’s Tmall Double

Haitao users buying overseas to reach 101 million in 2018

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

46 insurgent brands shake up China’s FMCG market

China’s local brands accounted for 98% of the domestic market in 2017, with a 7.7% increase in sales value. 67% of local insurgents grew at least two times

21 FMCG companies reached over 100 million Chinese urban households in 2018

21 Fast Moving Consumer Goods (FMCG) companies reached over 100 million urban households. P&G and Yili led the race, reaching over 160 million families. Nongfu

7 highlights from Tmall Double 11 2018

What have Chinese consumers bought during Tmall Double 11, the world’s largest e-commerce shopping event? Which categories are big winners? How much have they spent?

China cross-border e-commerce sales insights for Black Friday 2018

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

China cross-border e-commerce shrunk by 16.2% in Q3 2018

China’s cross-border import retail e-commerce market totaled US$12.14 billion in Q3 2018 with a negative growth of 16.2% quarter-on-quarter. The top platforms Tmall Global, NetEase Kaola

China online retail sales up 25.5%, over US$1 trillion as of Oct in 2018

In October 2018, the total retail sales of consumer goods reached 3,553.4 billion yuan (US$511.65 bn) in China, up by 8.6% year-on-year (nominal growth rate),

Each Meituan user made 22.7 e-commerce transactions in Q3 2018

Meituan Dianping (Meituan), China’s leading e-commerce platform for local lifestyle services that went public in Hong Kong on September 20, 2018, announced its total revenue

Social e-commerce platform Pinduoduo revenues soared almost 700% in Q3 2018

Pinduoduo announced increased GMV by 386% year-on-year to 344.8 billion yuan (US$50.2 bn). Its active buyers rose by 144% year-on-year to 385.5 million in the

JD.com business highlights Q3 2018

JD.com (Jingdong) reported a net revenue of 104.8 billion yuan (US$15.3 bn) in Q3 2018, an increase of 25.1% year-on-year. Annual active customer accounts increased