China’s fresh food e-commerce market had a penetration rate of 3.44% and 37.88 million users as of July 2018. 85.11% users only installed one app. Dmall, Missfresh, JD Daojia, Freshhema, and RT-Mart Fresh are among the list of top fresh food e-commerce apps. The industry penetration rate of fresh food e-commerce app was 3.44% as […]
In consumption, the gender lines are blurring these days. More female consumers in China like digital products and outdoor fitness equipment while more male tend to favor skincare and healthcare products. It’s trending among young consumers in China based on sales data from JD.com and Vipshop. Top Cosmetic & Skincare Products by Vipshop male buyers Proportion […]
Supermarkets start to gain popularity among the young population in China. The future supermarket becomes young people’s third social space. 7FRESH is positioned as Jingdong Group (JD.com)’s online and offline integrated fresh food supermarket, in which the fresh food accounts for more than 70% of the products. Jingdong selects supermarket products based on consumer data. […]
Amazon’s brand value has risen 42% to US$150.8 billion, retaining top billing as the world’s most valuable retail brand according to a Brand Finance report, while other e-commerce brands are in strong growth, such as Alibaba (up 58% to US$54.9 billion) and JD.com (up 47% to US$19.6 billion) as well as Germany’s Zalando (up 40% […]
In Q2 2018, Jingdong (JD.com) formed a partnership with iQiyi for paid video memberships, launched its AI platform, received investment from Google. More brands such as Balenciaga and Muji launched their stores on JD.com.
Google and Jingdong will explore joint development of retail solutions to enable helpful, personalized and frictionless shopping experiences in several regions including Southeast Asia, the U.S., and Europe. JD.com is to join Google Shopping and offer a curated selection of high-quality products to consumers across multiple regions.
The GMV of China’s online retail B2C market totaled 952.85 billion yuan (US$148.18 billion) in Q1 2018, up by 32.2% from Q1 2017. In Q1 2018, Tmall GMV up by 41.2% over Q1 2017, taking the largest market share of 59.6% in China’s retail e-commerce sales. JD.com was next with a share of 25.3% and GMV […]
Technology, content and creativity drive biggest ever rise in BrandZ Top 100 Most Valuable Global Brands. China accounts for the three fastest-rising brands as the country’s brands grow at double the pace of US brands. Tencent rose to the fifth ahead of Facebook; and, Alibaba ranks the 9th.
Amazon, McDonald’s & Alibaba top BrandZ’s Top Most Valuable Global Retail Brands inaugural ranking in 2018. China’s JD.com and Suning also make the cut.
In Q1 2018, JD.com reported net revenues of RMB100.1 billion (US$16.0 billion), representing a 33.1% increase from the same period in 2017. Net product revenues increased by 31.0% while net service revenues increased by 60.0% year-on-year to RMB8.6 billion (US$1.4 billion) in Q1 2018. Annual active customer accounts increased by 27.6% to 301.8 million in […]
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 […]
China online retail market totaled 1,974.59 billion yuan (US$311.69 billion) with an increase of 41% YoY in Q4 2017 according to data from Analysis. China’s B2C online retail market reached 1,189.35 billion yuan (US$187.74 billion) with an increase of 43.2%.
For the third quarter of 2017, JD.com reported net revenues of RMB83.7 billion (US$12.6 billion), representing a 39.2% increase from the same period in 2016. Net revenues from online direct sales increased by 38.5%, while net revenues from services and others increased by 46.2% in Q3 2017, as compared to the third quarter of 2016.
In the ninth year of the world’s largest 24-hour shopping event, this year’s Tmall Double 11 2017 will showcase:
GfK released a report on China’s mobile phone industry in H1 2017 on August 18th. The report shows that China’s mobile phone retail market continued rapid growth while the volume of retail sales slowed down. At the same time, the channel and brand resources will be further concentrated, 2017 mobile phone market competition is still […]