South Korea tops Bloomberg’s 2015 ranking of the world’s 50 most innovative countries ranking. The U.S. places the sixth, and China 22nd.
Search Results for: social e-commerce
Six of Top 10 Smartphone Brands Worldwide in 2014 from China
Global smartphone shipments totaled 1.167 billion units in 2014, a YoY increase of 25.9%, with combined shipments of Chinese brands reaching 453.4 million units, 39% of the global shipments and representing six of the top ten smartphone brands worldwide according to TrendForce.
WSJ: Xiaomi 2013 Net Profit Nearly Doubled to RMB 3.46 Billion
Xiaomi’s net profit nearly doubled last year according to a confidential document viewed by The Wall Street Journal.
China Local Smartphone’s Brands in Different City Tiers
Meizu, Mi and Smartisan are popular local smartphone brands in China. Yet, different city tiers in China may have a preference toward different smartphone brands. According to a research from Umeng between June and August this year, major users in first and second tier cities favor local mobile phone brands.
Weibo to Open Up Weibo Payment This Month
Weibo has announced this morning to open up its Weibo Payment for third parties, including enterprises and individuals. Weibo Payment was launched this January, co-developed by Weibo.com and Alipay.
Top 50 Mobile Apps in China in Q1 2024
China’s mobile internet is booming, with active users surging past 1.23 billion in March 2024, a jump of over 20 million year-on-year, according to QuestMobile. This growth underscores the continued dominance of mobile in China’s digital landscape. QuestMobile also unveiled its ranking of the top 50 apps for Q1 2024 (below) across diverse categories, providing […]
Pinduoduo’s Foray into Southeast Asia: High Hopes Meet Harsh Realities
Pinduoduo, a powerhouse in China known for its disruptive e-commerce strategies and rapid growth, turned its sights on Southeast Asia as the next frontier for expansion. With its subsidiary platform TEMU, the company aimed to replicate its success by leveraging its aggressive market penetration tactics in a region characterized by vibrant economic growth and an […]
Kuaishou Technology’s Soaring Success in 2023
In 2023, Kuaishou Technology, a leading content community and social video platform, reported a striking performance, underscoring the rapid digital advancement in China. The company’s achievements provide critical insights into the evolving landscape of Chinese digital trends, user engagement, and the booming e-commerce sector.
Chinese Entrepreneurs Seize Early Profits from OpenAI’s Sora
Before OpenAI Sora’s public testing, a niche market emerged in China, capitalizing on the collective anxiety to be ahead in the AI curve—selling knowledge courses and speculative ventures around Sora. The introduction of OpenAI’s video model Sora in early 2024, following the stir caused by the text-to-text LLMs in 2023, showcased the relentless pace of […]
Insights of China Double 11 Shopping Festival 2023
The Double 11 Shopping Festival, also known as Singles’ Day, has become synonymous with peak consumerism in China. Yet, as we approach 2023, the landscape is shifting. This year, we’re seeing a return to rationality, a rise in local brands, and the untapped potential of the “silver economy.”
China’s Smartwatch Market Sees Gradual Recovery with 5% YoY Growth in Q2 2023
China’s smartwatch market signaled a positive turn in the second quarter of 2023, witnessing a 5% year-on-year (YoY) shipment growth, as revealed by Counterpoint Research. Senior Analyst Shenghao Bai weighed in on the development, attributing the rise to the low base of the same period in the previous year. Bai highlighted the role of the […]
China GDP Grew 3% in 2022
China’s GDP in 2022 was 121,020.7 billion yuan, an increase of 3.0 percent over the previous year.
WeChat Users & Platform Statistics 2023
In 2022, the total views of the original content on WeChat Channel (video account) increased by 350% year on year, and the scale of live broadcast increased by 300%, according to WeChat’s data released on 10 January 2023.
Consumer VR shipment in China up 166% in H1 2022
Most of the new VR products in China are standalone headsets, with many using Pancake lenses for the consumer market, which sees increasing shipments of VR products as the VR content ecosystem dominated by gaming and fitness is developing, according to IDC. Consumer standalone VR shipments in China increased by 166.2% year-over-year in the first […]
China online advertising market insights 2022
In 2022, 42.9% of advertisers in China expect to increase spending in digital marketing, 25 percentage points more than advertisers expect to reduce spending, according to CTR. China advertising market vs online ad market Advertisers of large enterprises with a budget of 500 million yuan or more are more confident in digital marketing spending. In […]