Total transaction value of China online shopping market reached 1.15 trillion yuan (US$166.85 billion) in Q3 2016, up 23.6% YoY or 2.6% QoQ, according to data from iResearch.
Archives for November 2016
Top categories on China Singles Day promotion 2016: apparel, food
Tmall GMV on Singles Day (Double 11) in 2016 reached 120.7 billion yuan (US$17.79 bn) with an increase of 32% YoY, covering 235 countries; mobile accounted for 81.87%. Find out the top selling product categories.
Social, mobile the key driving forces of Chinese post-90s
VIVO and OPPO are top choices among high school/university post-90s in China as they are affordable with strong camera and multimedia functions.
Weibo MAUs grew 34% YoY to 297 million in Sep 2016
Weibo’s Monthly active users (“MAUs”) grew 34% year over year to 297 million in September 2016, 89% of which were mobile users.
93.3% of urban Chinese families bought imported FMCG goods
93.3% of urban Chinese families have bought or received imported FMCG goods in the 12 months ending June, 2016 according to Kantar.
Alibaba’s top shoppers spend an average of $45,000 a year online
APASs, or Alibaba Passport, is a membership program in which members are assigned personal account managers and organizing special events like wine tastings and automobile test drives.
China online retail reached US$570 bn in Oct 2016
China’s total retail sales of consumer goods reached 3,111.9 billion yuan (US$451 billion) in October 2016, up by 10.0% year-on-year (nominal growth rate). The real growth rate was 8.8%.
China is a relatively “brand content friendly” market
30% of Chinese respondents of Kantar TNS’ Connected Life research felt swamped (or even suffocated) by online advertisement.
Top travel apps in China in Sep 2016
Qunar was ranked the top generic travel booking app by coverage in September 2016 according to data from TalkingData, followed by Ctrip and LY.com apps.
Every 60 seconds on China social media
Kantar Media CIC released the “Every 60 Seconds in China” infographic in Shanghai last week to provide an overall understanding of the massive volume of China social media activities.
Social platforms most popular among the younger China mobile users
81.5% of respondents in a Tencent’s survey said their daily time spent on mobile phones or tablets is over one hour. Almost half (46.6%) would spend at least 3 hours on mobile devices.
Mobile social network Momo net revenues increased 319% in Q3 2016
Momo, one of the top mobile social networking app in China, had Monthly Active Users (“MAU”) of 77.4 million in September 2016, compared to 73.0 million in September 2015 according to its unaudited financial results.
Tmall Double 11 (Singles’ Day) Insights 2016
Double 11 (11 Nov; also called Singles’ Day) is China’s largest online shopping festival in China. At 12pm today, Tmall Double 11 sales had reached RMB 80.7 billion (USD 11.85 billion).
China private consumption share of overall economy to reach 50% in 2030
The Economist Intelligence Unit (“EIU”) expects private consumption in China will grow in real terms by 5.5% a year on average in 2016-30 – boosting its share of the overall economy to nearly 50%.
China’s mobile search market overview Q3 2016
The number of mobile search users in China reached 628 million in Q3 2016, an increase of 1.29% QoQ according to iiMedia Research.