“In 2014, total direct investment in China travel industry exceeded RMB705.3 billion (US$114.94 billion), which settled 88.5 million people’s employment, representing 11% of total employment in China”, said by Shao Qiwei, the former head of China Tourism Administration. China’s travel market is expected to accept 6 billion person-trips by 2020.
Archives for March 2015
14% Individual iOS Developers’ Monthly Income Over $10k in China
Individual iOS developers in China are different from iOS developers in companies. CocoaChina’s survey online shows that 14% individual iOS developers’ monthly salary was over US$10,000 in 2014.
WeChat Wi-Fi to Step on A New Stage in China
WeChat Wi-Fi is running its last round in China. Early in March 2015, WeChat released WeChat Wi-Fi’s application entry. WeChat insiders said that WeChat Wi-Fi had been tested 2 versions before its entry’s release. Now, merchants can register for WeChat Wi-Fi within 5 minutes; further, WeChat users can scan to log in WeChat Wi-Fi without […]
360 V.S. Xiaomi on Smart Furniture in 2015
Qihoo 360 started its smart furniture strategy and it planned to invest ten billion yuan to cooperate with over 100 companies. 360 will integrate cloud service, big data platform, online marketing platform, app development with open chipset to create a complete smart furniture ecosystem according to Zhou Hongyi, president of 360 in March 2015.
China to Be the Largest Business Travel Market Worldwide in 2016
GBTA expects China to continue to grow its domestic business travel market much more rapidly than the other countries in the world with estimated spending growth of 14.2% in 2015 and 12.1% in 2016. China is poised to overtake the U.S. as the number one business travel market in the world.
China Mobile Advertising Market Insights 2014
The number of monthly active users on China mobile advertising platform was over 500 million, which was much bigger than the US. China has been the largest mobile marketing market in the world.
RPG & Card Games Most Popular in China Online Gaming Market in 2014
Among the list of China top 100 online games by downloads in 2014, role play games and card & chess games were favored by online gaming users in China. RPG games accounted for 43% while card and chess game accounted for 34% in 2014 by total number of downloads.
China Mobile Payment Market Insights in 2014
In 2014, total transaction value of China mobile payment market exceeded RMB599.247 billion(US$97.628 billion) with an increase of 391.3% from last year according to data of iResearch.
China’s Mobile App Store Active Users Exceed 411 Mln in Q4 2014
In Q4 2014, total active users of China mobile app store users exceeded 411 million excluding users from App Store, mobile phone company’s app store and operator’s app store. In Q1 2015, users would be 420 million in China according to iiMedia.
7 China App Publishers on App Annie’s Top 52 List 2014
Recently, the Top 52 app publishers (by revenue) list in 2014 was released by App Annie (a company which do research on mobile app market).On the list, there are 7 China app companies.
Ctrip Mobile App Downloads Reached Nearly 600M in 2014
Ctrip net revenues were RMB1.9 billion (US$308 million) for Q4 2014, up 33% YoY. Net revenues in 2014 were RMB7.3 billion (US$1.2 billion) in 2014, up 36%.
QQ, WeChat and Qzone Stats in 2014
Tencent’s total revenues in 2014 were RMB78,932 million (USD12,899 million), an increase of 31% YoY. Profit for the year was RMB23,888 (USD3,904 million), an increase of 53% YoY. Net margin increased to 30% from 26% last year.
Mobile Represented Almost Half of Qunar’s Revenue in Q4 2014
Qunar total revenues for the fourth quarter of 2014 were RMB519.8 million (US$83.8 million), an increase of 107.1% year-on-year. Mobile revenues were RMB257.5 million (US$41.5 million), an increase of 400.7% year-on-year, representing 49.5% of total and 52.3% of pay-for-performance (“P4P”) revenues, compared to 20.5% and 22.6%, respectively, in the corresponding period of 2013.
China Inbound Travelers in 2014
According to data from China Tourism Academy, total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on year, ranking 4th in the world, following America, France and Spain in 2013.
China to Become World’s Largest Retail Market by 2018
Although China retail’s growth rate has fallen from a peak of 15.6% in 2009 and is slowing, China remains irresistible to global retail chains. China is expected to have average annual retail volume growth of 8.7% in 2015 & 2016. By 2018, it will be the world’s biggest retail market in the world.