Hurun released the richest Chinese women list this week. The list shows there are 50 Chinese richest women who each has assets worth over RMB 5 billion ($0.81 billion) and 70% of them are self-made and 30% inherited wealth from their families.
Archives for October 2014
Alipay’s Mobile Strategy with 190M Active Users
Till 16 October in China, total number of Alipay Wallet’s active users exceeded 190 million and the daily mobile payment transaction volume exceeded 45 million, accounting for more than 50% of total Alipay transactions.
China Online Retail Sales Exceeded 1.8 Trillion Yuan, 9.64% of Total Retail from Jan to Sep 2014
The total retail sales of consumer goods reached 2,304.2 billion yuan (US$376.4 billion) in China in September 2014, up by 11.6% year-on-year (nominal growth rate. The real growth rate was 10.8%).
China GPD 7.3% in Q3 2014, Slowest in 5 Years
According to National Bureau of Statistics of China, the gross domestic product (GDP) of China in the first three quarters of 2014 was RMB 41,990.8 billion (USD 6,858.5 billion), a year-on-year increase of 7.4%.
China Replaced France as Canada’s 2nd Largest Source of Overseas Visitors
China replaced France as Canada’s second largest source of overseas visitors in August 2014 with a 4.6% increase to a record 43,000 trips according to Statistics Canada.
Costco Sold 3 Tons of Kirkland Nuts in 3 Days on Tmall
Costco sold 3 tons of Kirkland nuts and nearly 1.5 tons of dried cranberries in just three days on Tmall Global according to the leaked news online.
China Mobile Customers Reached 799Mln in Q3 2014
China Mobile continued to experience a decline in its voice and SMS and MMS businesses, with a 0.3% decrease in the total voice usage and a 20.2% decrease in the SMS usage compared to the same period of last year. However, China Mobile substantially leveraged its first-mover advantages in 4G services and accelerated the migration […]
China Top Online Video Providers by Monthly Browsing Time
In July 2014, iQiYi, owned by Baidu, ranked top among China online video providers with monthly browsing time of 786.45 million hours, followed by Youku and Letv according to data from iResearch.
China Car Rental Service Performance in Q2 2014: Shenzhen VS eHi
As one competitor of Shenzhou Car Rental Service who’s listed in Hong Kong Stock Exchange, eHi Car Rental Service is making struggling to catch up. However, according to its finance data, it still faces many challenges and the gap with Shenzhou Car Rental Service in total revenue is getting bigger.
CHART: Wechat More Popular than Line and Snapchat in India
21% correspondents surveyed in India by GlobalWebIndex said they used Wechat in the past month, more than Line and Snapchat app.
China Top 7 WiFi Management Mobile Apps in August 2014
With technology pushing toward wireless environments, you need to have wireless management in place to guarantee the reliability, security and performance necessary to optimize your environment. Here are top 7 wireless management mobile apps in China in August 2014.
China Top 10 Industries by Online Ad Spend in August 2014
In August, among China’s booming industries, advertisers in transportation vertical spent RMB683.41 million (US$111.34 million) in online advertising, ranking first, followed by real estate and food & beverage according to data from iResearch.
Top 10 China Consumer Electronics Brands by Online Ad Spend in August 2014
In August 2014, total online advertising spend of consumer electronic brands exceeded RMB92.93 million (US$15.14 million) in China. Among all the consumer electronic brands, Haier spent RMB18.83 million ($3.06 million) on online advertising in August, ranking first, followed by Siemens and Nikon according to data from iResearch.
Tmall Targets to Generate RMB 50 Bln Revenue on Double 11 2014
It is leaked on China internet that Tmall’s goal for transaction value on Double 11 (11 Nov 2014) is expected to reach RMB50 billion ($8.16 billion) in 2014. In 2013, Tmall created an one day sales record of RMB35 billion ($5.7 billion) on double 11, which had great impact on China retail market.
China Top 9 Business Mobile Apps in August 2014
Kingsoft WPS’s mobile app exceeded 11 million MAUs in August 2014 in China according to EnfoDesk, becoming the most popular business mobile app, followed by Camcard and Documents To Go.