Amazon China announced the official launch of the direct shipping service and a Chinese website for Chinese shopping overseas.
Archives for October 2014
China Local Mobile Advertising to Exceed RMB10 Bln
China local mobile advertising market is expected to exceed RMB10.142 billion (US$1.65 billion) in 2014 with an increase of 93.6% from 2013 according to EnfoDesk.
China Mobile Internet Ad Spend Expected to Triple in 2014
China mobile internet advertising spend is expected to increase by 210%, the biggest in the global mobile Internet advertising market according to eMarketer.
Yu’E Bao Grew to 149M Users in Q3 2014
Tianhong Fund disclosed the report of Yu’E Bao’s first three quarters’ performance in 2014 on 24 October. As of 30 September 2014, total transaction value of Yu’E Bao exceeded RMB534.9 billion ($87.46 billion) with a decrease of 6.8% quarter on quarter in Q3 2014.
Half of Top 10 on Forbes China Rich List 2014 are Internet Entrepreneurs
Half of the top 10 richest men in China on Forbes Rich List 2014 are internet entrepreneurs, on top of which is Alibaba’s co-founder and chairman Jack Ma.
Alibaba Launched New Travel Brand Alitrip.com
Alibaba Group upgraded Taobao Travel and launched an independent travel brand “Qu A” at Alitrip.com today and a corresponding mobile app is also released.
Alibaba Bringing South Korea Suppliers to Chinese Sellers
1688.com, the largest online B2B website under Alibaba Group and sourcing destinations of many Taobao sellers, is opening up to foreign suppliers with the addition of twenty four South Korean brands through Alibaba’s Direct From Overseas Markets program.
China to Produce the 3rd Largest Number of Visitors to the U.S.
China international travelers to the United States will grow 172% from 2013 to 2019, the largest total growth percentage according to the U.S. Department of Commerce.
Family Businesses in China Seen Stronger Growth Than Global Avg
Family businesses in China have seen much stronger growth than the global average over the past year and are very bullish about future growth, according to PwC’s Family Businesses Survey.
Baidu’s Baifa 100 Index Fund Based on Large Data Selling Fast
Baidu 100 Index Fund were sold out, RMB 1.8 billion in less than one and half days. The second phase sale of RMB 1.2 billion starts on 27 October on official website of Baidu Financial Center.
The Top 100 Richest Men in China in 2014
Jack Ma of Alibaba, becomes the number one in Hurun Rich List 2014, with a fortune of US$25 billion, surpassing Wang Jianlin of Wanda in second place with US$24.2 billion.
Baidu Launched Online Education Platform Chuanke
Baidu launched an online education platform Chuanke.com for organizations and individuals to offer courses online.
Top 100 Mobile Apps in China
Wechat was the most popular mobile app in China in September 2014 with 377.92 million monthly active users, followed by QQ (308.742 million) and Baidu (145.047 million) according to data from EnfoDesk.
China Smartphone Offline Market Overview in August 2014
In China smartphone offline market by sales volume, China Mobile market share rose to 47% in 2014 while China Unicom dropped to 24%. China Telecom’s market share had little change from 2013 according to a research from GfK. Besides, 2G is becoming less popular in China as its market share decreased to 8% in 2014.
China Top 5 Online Payment Mobile Apps in Sep 2014
Alipay Wallet, Alipay’s mobile app brand renamed from “Alipay” and the largest mobile payment platform in the world, exceeded 62.818 million MAUs in September 2014 in China according to EnfoDesk; Alipay Wallet is the most popular mobile payment app by MAUs, followed by Tenpay, Bestpay, Alipay and Lakala.