GMV of China E-commerce increased 21.3% last year to 9.9 trillion yuan (USD 1.63 trillion), according to iResearch. The growth was expected to slow down in coming years, and the e-commerce market will reach 21.6 trillion yuan (USD 3.53 trillion) in 2017.
Archives for March 2014
Check Out How Coca Cola Makes the Most of WeChat Marketing
Do You still remember the “nickname bottle” that Coca Cola launched last summer? Such an impressive case was not so long ago, now Coca Cola has shifted its focus from bottle to cap, joining up with WeChat.
2013 Year In Review: China Online Vacation Travel Market
According to report released by CTCNN, overall transaction of China vacation travel market reached 317.43 billion Yuan (USD 51.7 billion) in 2013. Vacation travel transaction through online channel was 29.3 billion Yuan(USD 4.8 billion), accounting for 9.2%.
Promising Mobile Search Worries Baidu No More
Baidu recently released its Q4 financial report, which showed its thriving mobile market development. Baidu mobile search was growing steadily, it’s very unlikely that mobile search would threaten web search. Therefore, Baidu’s search concentrated business model would be sustainable. But Baidu’s solely profit pattern remained unsolved.
China Smartphone Brand Awareness Analysis in Jan 2014
The pattern of brand awareness of China smartphone market changed a lot in January 2014. Judging by competition situation, smartphone market was gradually entering an era of red ocean; however, as for development prospect, the need of smartphone users was far from being satisfied. Domestic and foreign smartphone vendors were all devoted to meeting users’ […]
China Search Engine Market Update for Q4 2013
Released by EnfoDesk, the statistic of the “Quarterly Marketing Supervision on China’s Internet Search Engine in Q4 2013” showed that the market of China’s search engine enterprises amounted to USD 11.42 billion. The market size increased by 1.2%, compared with Q3 2013, and had a 40.3% YoY increase. In 2013, the total market of China’s search […]
It’s Official: Jingdong Teams Up with Tencent
On the morning of March 10, 2014, Tencent and Jingdong (JD.com) together announced that they just reached strategic alliance. Jingdong is going to buy 100% equity, logistics personnel and asset of Tencent’s B2C platform QQ wanggou (wanggou.com) and C2C platform PaiPai (paipai.com), besides, a few stake in Yixun (yixun.com) and the right to buy the […]
WeChat Hit 100 Million Downloads in Google Play
WeChat may be the fiercest competitor of WhatsApp in the world. By August 2013, WeChat got 272 million monthly active users, and over 100 million oversea users. Now WeChat broke another 100 million mark: 100 million times download in Google Play. Poshu Yeung, the vice president of Tencent IBG (international business group), said in a […]
WeChat Tests POS Payment, Ambitiously Boosts O2O Services
Could Wechat avoid Unionpay to test its POS payment? The answer is yes. Many reliable sources indicated that Wechat POS payment will launch on 22 in March, 2014.
China Online Travel Market Overview for 2013
According to iResearch, China Online Travel transaction hit 220.46 billion yuan (USD 33 billion), with a 29.0% YoY growth. The revenue of China OTA (Online Travel Agency) market reached 11.76 billion yuan (USD 1.9 billion), up 26.2% compared with last year.
Jiathis: Over 1.4 Billion Social Sharing in 2013
2013 was gone in a flash. Social share still enjoyed a strong momentum in the past year. JiaThis, the biggest social share tool in China, released its data-based Report of China Social Share Tools in 2013. Overall social sharing times reached 1.4 billion in 2013.
Comparison Analysis of JD and Amazon Financial Performance
How Amazon Achieved Profitability Guotai Junan Securities did a profit analysis for Amazon, it found out that if other operating revenue was excluded, the gross margin would drop by 3 to 4 percentage points. Amazon’s net profit margin was around 3% before 2011, which indicated that if other operating revenue excluded, the company’s net profit […]
Analysis on China’s Top Mobile Messenger Apps
According to Enfodesk, QQ got 325.71 million active users, ranked the first in mobile IM apps, followed by WeChat with 295.712 million. These two winner are both developed by Tencent, beating the others by a long shot. Momo took the third place with 13.43 million active users. ChatOn and Wangxin ranked the fourth and fifth, […]
China Online Video Market Snapshot in Q4 2013
China online video market achieved 12.81 billion Yuan(USD 2.08 billion) with 41.9% YoY increase. The market was expected to maintain a rapid growth and reach 36.6 billion Yuan (USD 5.97 billion) in 2017.
Answered: Your Most Burning Questions About China Mass Affluent
Sun Yat-sen University together with CreditEase started a research project-Guangdong Financial Environment Research-in August 2013, which focused on mass affluent finance management in Guangdong province and rural area financial development. One Thirds of Mass Affluent Were From Private Enterprises Statistics revealed that Chinese mass affluent grew larger in recent two years. In 2010, mass affluent […]