In the second quarter of 2022, the shipment of China’s wearable devices market was 28.57 million units, a year-on-year decrease of 23.3%, according to data from IDC. Among them, the earphone market shipped 16.18 million units in the second quarter of 2022, a year-on-year decline of 23.2%. The shipment of true wireless headphones was 12.73 […]
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Why are Chinese sportswear brands launching coffee products?
It is not new for Chinese shoe and apparel brands to get involved in coffee, tea, and even catering products and services. Earlier, some luxury fashion brands tried to sell coffee drinks in the store. According to the information on China Trademark Network, Xtep (China) Co., Ltd. recently applied for the registration of 3 “TE […]
AR, VR trends in China; shipment totaled 586,000 units in H1 2022
In the second quarter of 2022, China’s AR (augmented reality) / VR (virtual reality) head displays shipped 309,000 sets, including 12,000 sets of AR and 297,000 sets of VR. In terms of VR, standalone VR shipped 273,000 units, up 19.2% month on month; Tethered VR shipped 24,000 sets, down 22.1% month on month. In the […]
Top mobile app download sources in China
Mobile app download channels integrated with users’ lifestyle use case scenarios have gradually become the focus of mobile app vendors, shortening the download process and improving the user experience. The top download sources of mobile apps in June 2022 in China are Huawei App Store (909 million downloads), App Store (729M), and Oppo App Store […]
China Mobile Internet Insights 2022: Top Mobile Apps & Platforms
The top mobile apps in China by MAU in the first half of 2022 are led by WeChat, Taobao, Alipay, Douyin (TikTok in China), Gaode Maps, Pinduoduo, QQ, Baidu, Sogou Input, and Baidu Input, according to data from QuestMobile. Top Mobile Apps with MAU>100M in H1 2022 The top 5 mobile app categories by total […]
China e-commerce market 2022: top mobile apps and users
Taobao, Pinduoduo, and JD continue to be the top mobile shopping apps by MAU in China in the first half of 2022. WeChat Mini Programs remain a key traffic channel to Meituan Select, Herma, and JD. E-commerce and Shopping in 2021 The average monthly active users of China’s online shopping market exceeded 842 million in […]
China advertising market overview in H1 2022
Advertising spend in China in the first half of 2022 decreased by 11.8%, according to data from CTR. China’s advertising market saw contractions in multiple industries; IT Products & Services and Entertainment’s ad spend decreased by over 40% in H1 2022. Almost all top 10 industries by total TV ad spend saw various degrees of […]
China household savings increased by over 10 trillion yuan in H1 2022
RMB saving deposits increased by 18.82 trillion yuan in the first half of the year, an increase of 4.77 trillion yuan year-on-year, according to data from People’s Bank of China. Household saving deposits increased by 10.33 trillion yuan in H1 2022, non-financial enterprise deposits increased by 5.3 trillion yuan, fiscal deposits increased by 506.1 billion […]
Health has become a top factor for Chinese consumers’ food purchase
Chinese purchase of food, detergent, and other necessities requires a high brand trust from customers and indicates characteristics of high purchase frequency and strong user stickiness, according to a report jointly released by JD and Economic Daily News. Meanwhile, a large proportion of customers initially turn to online food shopping for a “better diet”; they […]
China digital transformation spending forecast 2021-2026
The Chinese government’s digital economy related planning during the 14th Five Year Plan period provides good policy and financial support. The total digital economy related investment in the next five years will be 15-20 trillion yuan. COVID-19 and other emergencies further highlight the value of digitalization. IDC’s survey in 2021 shows that due to the […]
China’s commercial service robot market overview 2022
In 2021, China’s commercial service robot market reached US $84 million (about RMB 540 million), with a year-on-year growth rate of 110.4%, according to data from IDC. Keenon Robot, Pudu Tech, CSJ Bot, Orion Star and other manufacturers lead the market. In the future, refined operation, pan catering, and overseas business will become an important […]
Top Chinese liquor brand Moutai starts selling ice cream
Selling ice cream in Maotai is not a fad, but a long plan. Maotai has initially launched three flavors of ice cream: original, vanilla, and tiramisu, selling at 39 yuan (US$5.8). According to its official disclosure, the R&D team is still experimenting with other Maotai ice cream of various flavors. In the future, Maotai will […]
China Internet of Things market forecast 2021-2026
In 2021, the global Internet of Things (enterprise-level) expenditure reached $690.26 billion and is expected to reach $1.1 trillion in 2026, with a five-year (2022-2026) compound growth rate (CAGR) of 10.7%, according to data from IDC. Among them, China’s enterprise market will reach US$294 billion in 2026, with a compound growth rate (CAGR) of 13.2%. […]
How Watsons China’s online sales almost doubled in 2021
Watsons China’s total revenue in 2021 was HK$22.77 billion, a year-on-year increase of 14%, the largest increase in the past five years. Watsons’ online sales increased by 94%, providing a strong impetus for the recovery of performance. Watsons’ long-term digital transformation has initially yielded fruitful results, which has become its biggest driving force to resist […]
China’s edge computing server market forecast 2022-2025
China’s edge computing server market reached US$3.31 billion in 2021, an increase of 23.9% over 2020. IDC predicts that from 2020 to 2025, the annual compound growth rate of the edge computing servers market in China will reach 22.2%, higher than 20.2% in the world. According to the deployment location, IDC classifies edge computing into […]