In 2017, a Chinese internet user spends on average 67 minutes per day reading the news. 14.6% of them spend over 2 hours per day. News accounts for 29% of all time spent online, indicating that news is in high demand according to Tencent’s Penguin Intelligence Research. 76.5% of China internet users access news […]
Archives for March 2018
China third-party online and mobile payment markets overview Q3 2017
The total transactions via non-finance institutions in China totaled 42,167.92 billion yuan in Q3 2017 with an increase of 17.4% QoQ according to Analysis. This market is led by Alipay, Tencent Finance, and China UMS with 41.36%, 29.07%, and 13.41% market share respectively. China third-party internet payment market saw 6,381.551 billion yuan transactions in Q3 2017 […]
Tmall vs JD.com on social media buzz
Chinese New Year is the most important festival in China. Shopping is an integral part of Chinese people’s celebration, and naturally, e-retailers were engaged in fierce battles to compete for attention, and hence preferences, of consumers in the days leading up to Chinese New Year (February 15 in 2018). JD.com (partly owned by Tencent) and […]
Tmall Global to open 6 new procurement centers across the world
Tmall Global plans to open six new procurement centers across the world to help overseas vendors capture Chinese consumers’ booming appetite for newer and better imported goods according to Alizila. The centers will be established in Japan, South Korea, and Hong Kong, as well as in the regions of North America, Europe and Oceania.
Top smartphone, technology brands in China 2018
The top smartphone brands in China are Apple, Huawei, Xiaomi, Samsung and OPPO according to Tencent’s Penguin Intelligence research. The top internet/technology brands are Tencent, Alibaba, Baidu, and Jingdong (JD.com). Tencent’s research also revealed the top high-end automobile brands, led by Benz, BMW, and Audi. Chinese brands are mostly purchased among 86.1% consumers, followed by […]
China smartphone sales forecast 2020
China smartphone sales reached 455.9 million units in 2017, an increase of 1.1%, according to data from Analysys. It forecasts the total smartphone sales will decrease to 437.99 million units in 2020.
Evolving cultural values in China and how brands can use them to switch on growth
Evolving cultural values and how brands can use them to switch on growth. Trend 1: Time lost and gained Cultural observation The last couple of decades have been defined by a sudden increase of the social and personal pace of life: from society passing to modernity, to early loss of carefree childhood and rise of […]
The Impact of Taobao Villages 2017
“Visit Taobao if you want to live a better life” The number of Taobao villages has grown from 3 in 2009 across 3 provinces to 2,118 in 2017 across 24 provinces. Most Taobao Villages are concentrated in east coastal areas; and, the top three provinces by total number of Taobao Villages are Zhejiang, Guangdong, Jiangsu, […]
Weibo’s monthly active users reached 392 million in 2017
Weibo net revenues totaled $377.4 million in Q4 2017, an increase of 77% year-over-year, exceeding the company’s guidance between $355 million and $365 million.
Top 10 Cities in China Reshuffled! Who’s in Top 10?
Shanghai’s GDP exceeds RMB 3 trillion mark for the first time according to the economic data of 2017, stabilizing its No. 1 position of China cities. More importantly, it brings spillover effects to Yangtze River Delta and surrounding areas. Due to Bin Hai new town’s GDP contribution, Tianjin’s economic growth in 2017 was cut and […]
China mobile map app market overview 2017
China mobile maps app users reached 644 million as of December 2017, led by Gaode Maps (AutoNavi) and Baidu Maps according to data from Jiguang. Gaode’s daily active users exceeded 40 million; its MAU exceeded 340 million in December 2017. Gaode Maps mobile app rose to the top 10 mobile apps by penetration rate in […]
China short-video app users profile 2017
Short videos have gradually become one of the main ways for China online users to record and share information. The download volume of short-video apps keeps increasing.
China smartphone market declined 4.9% in 2017
China smartphone market declined 15.7% year-over-year (YoY) in Q4 2017 and 4.9% for the whole of 2017 according to IDC.
China advertising market overview by channels 2017
China advertising market grew by 4.3% in 2017 after two years’ consecutive decline according to CTR. TV advertising market grew by 1.7% from -3.7% in 2016; and, radio advertising grew by 6.9%. Newspaper and magazine advertising revenues: -32.5%, -18.9% respectively Outdoor: -0.4% Elevator TV: 20.4% Elevator posters: 18.8% Theatre video ads: 25.5% Internet: 12.4% Looking […]
JD.com has 293 million active accounts on its online marketplace in 2017
Net revenues of JD.com for Q4 2017 were RMB110.2 billion (US$216.9 billion), an increase of 38.7% from Q4 2016. Revenues from services and others for Q4 2017 were RMB10.0 billion (US$1.5 billion), an increase of 54.7% from Q4 2016. Net revenues for the full year of 2017 were RMB362.3 billion (US$55.7 billion), an increase of […]