Under the great efforts of the government, China’s cross-border consumption would enter a period of rapid development. The cross-border e-commerce would double the growth targets in the next three years, according to the annual cross-border consumption index report released by Xinhua News Agency and Visa.
Archives for August 2015
China Travel Market Reached 127 Million in H1 2015
In H1 2015, the total number of outbound and inbound tourists in China reached 127 million, with an increase of 9.8% year over year according to China Tourism Academy. The number of inbound tourists reached 65.1 million, with a YoY increase of 4.5%, which exceeded outbound tourism (61.9 million visitors) by 3.2 million. After several years […]
12% of Cross-border Online Shopping in China from Shanghai
On August 6th, the Chinese largest shopping website taobao.com’s unit g.taobao.com published a report on its website, revealing the history of Chinese online shopping and preference of Chinese online shoppers through analyzing big data.
Alibaba Investing 1 Bln Yuan in Tmall Supermarket
Recently, Alibaba announced that it would launch Tmall Supermarket across China in several stages. It would invest 1 billion yuan (US$160.78 million) targeting consumers in Beijing in the first phase.
China E-Payment Insights 2015
iResearch released a report on Chinese electronic payment users in 2015, which shows data of China e-payment and its users.
China Online Accommodation Booking Market in Q2 2015
In Q2 2015, China’s online accommodations booking market reached 19.52 billion yuan (US$3.09 billion), with an increase of 15.9% QoQ and 63.5% YoY.
Alibaba to Invest $4.6 Billion In Electronics Retailer Suning
Alibaba and Suning Commerce Group Limited announced that they have entered into strategic alliance at 4pm (GMT+8) yesterday afternoon.
China the Largest Inbound Tourism Market for Japan H1 2015
With the rising living status, more and more Chinese would like to spend their vacation in foreign countries. In 2014, over 100 million Chinese travelled abroad. Japan, South Korea, the United States and some European countries are popular tourism destinations. According to data from Japan National Tourism Organization, China became the largest country of Japan’s […]
China Mobile Gaming Market in H1 2015
In H1 2015, the total transaction revenue of China’s gaming market reached 60.51 billion yuan (US$9.73 billion), an increase of 21.9% compared with the same period of last year. The transaction revenue of self-developed online gaming market reached 45.83 billion yuan (US$ 7.37 billion), accounting for 75.7%; and the overseas market revenue was US$1.76 billion, […]
China’s Search Engine Market Overview in Q2 2015
China’s search engine market in Q2 2015 reached 19.22 billion yuan (US$3.09 billion), with an increase of 25.9% QoQ and 36.9% YoY according to Analysis Research.
Tmall Will Launch the Global Duty-free Shop Project in China
Tmall Global announced on July 28th that it would launch the duty-free shop project in China partnering with Shilla Group and King Power, who are the largest duty-free groups in South Korea and Thailand respectively. The strategic cooperation of the three parties is an innovative model of cross-border e-commerce, and the new shopping model could […]