China online shopping market reached 1.8 trillion yuan in Q3 2017 with a growth rate of 37.5% YoY. Mobile shopping growth slowed down to 35% and reached 1.4 trillion yuan according to Analysis.
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 […]
Total monthly active users of China’s short video platforms grew to 244 million in Q3 2017 according to data from Analysis. The daily active users is close to 86 million.
China’s travel market has grown by leaps and bounds over the past decade, and online travel booking is increasingly occupying a dominant position within the market as consumer preferences shift in favor of independent, personalized travel over packaged group tours. In 2017, year-on-year growth in the online travel market in China hovered around 25%, lower […]
According to recently published report by Analysys, “China Online Banking Quarterly Forecast Report for 2017 Q3”, the total online banking transactions amounted to 48.15 billion, reflecting a 4.3% decrease when compared to the same quarter previous year.
China’s e-commerce market is already the world’s largest, and its growth, while slower than in years past, is still more rapid than that of any other large economy in the world. The following is an overview of several e-commerce sectors in Q3 2017. SME-oriented B2B Platforms B2B platforms serving small-to-medium enterprises saw slower revenue growth […]
The monthly active users of short-video platforms in China continued to grow in Q3 2017 and exceeded 244 million in September 2017. The number of daily active users is about to reach 86 million. MAUs of short-video platforms for content recommendations exceeded 72 million in September 2017. The number of daily app launch times of […]
China’s three major telecoms operators recently released earning data for the first three quarters of 2017. China Mobile is the largest of the three and possesses obvious strengths; China Telecom is experiencing rapid growth; China Unicom has finally hurdled recent difficulties and reported an increase of 155% in net profits, but this still leaves it […]
China’s online education market totaled 71.42 billion yuan in Q3 2017 with an increase of 50.9% YoY or 27.3% QoQ according to data from Analysis. The top 3 categories of online education market in China by total MAU are secondary/primary school education (95.4 million), children education (55.3 million), and foreign language learning (34.4M). The top […]
China online retail market totaled 1.8 trillion yuan (US$271 billion) in Q3 2017 with a growth rate of 38.7% YoY according to data from Analysis. The online B2C market reached 985.44 billion yuan (US$148.56 bn) with an increase of 39.1% YoY. The total transactions on Tmall grew by 47% YoY in Q3 2017 or 7.4% QoQ, […]
iPhone and Huawei smartphones showed retention rates of 18.5% and 18.1% in China respectively as of September 2017 according to data from Jiguang. OPPO, Vivo, Xiaomi, and Samsung followed iPhone and Huawei in Q3 2017 in terms of smartphone retentions. iPhone users are mainly concentrated in tier-1 Chinese cities. Top 5 smartphone brands by sales […]
Cross-border e-commerce has increasingly become a mainstream way for Chinese consumers to access imported goods without traveling abroad or paying large markups at domestic supermarkets. Over the past few quarters, it has shown explosive growth, led by JD Worldwide, Tmall Global, and specialty platform Netease Kaola. China’s cross-border e-commerce retail market reached 81.57 billion yuan […]
Chinese urban consumers’ spending in fast moving consumer goods (FMCG) in the third quarter of 2017 grew by 3.6% from a year ago, indicating a clear recovery.
Last update: 15 Nov 2017 WeChat team released the WeChat Data Report 2017 showing 902 million average daily logged in users in September 2017, up 17% year-over-year and 38 billion messages sent on WeChat everyday.
Growth in Hong Kong retail sales remained positive in September 2017, up 1.5%year-on-year, according to the latest Mastercard SpendingPulse™ Hong Kong Report.