Total transaction value of China’s online banking clients reached 421.5 trillion yuan (US$ 66.38 trillion) with an increase of 5.7% QoQ in Q4 2017. Find out the top banks in China’s online banking and mobile banking markets, top mobile apps from banks, and mobile banking users profiles. ICBC, CCB, Bank of Communications, Bank of China, […]
In Q4 2017, China online travel market saw a 12.3% year-on-year growth in transactions to 219.99 billion yuan (US$34.29 billion). Ctrip and Qunar jointly dominated this market with a combined share of 53.3%. Alibaba’s affiliated Fliggy ranked third with a share of 14.1%. In terms of subdivision market, online transportation took the largest share of […]
The total transactions of China’s 3rd-party online payment market grew by about 5% QoQ in Q4 2017 while mobile payment continued strong growth of 28% QoQ. Alipay, WeChat Pay, and UnionPay continue to lead these markets. Third-party online payment in China The transaction value of China’s third-party online payment grew by 4.99% QoQ to 6,699.724 […]
The transaction value of China’s cross-border retail e-commerce reached 105.18 billion yuan( US$16.53 billion), up 28.9% quarter-on-quarter in Q4 2017. Tmall Global continued to lead the market with a market share of 27.6%, followed by NetEase Kaola (20.5%) and JD Global (13.8%). Amazon Global saw its share rise. Big e-commerce campaigns like Double 11, Black Friday, […]
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.
China smartphone market declined 15.7% year-over-year (YoY) in Q4 2017 and 4.9% for the whole of 2017 according to IDC.
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 […]
China online food delivery market totaled 67.73 billion yuan in Q4 2017 with an increase of 16.2% QoQ or 81.8% YoY according to data from Analysis.
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%.
Baidu’s total revenues reached RMB 23.6 billion ($3.62 billion) in Q4 2017, increasing 29% year over year. Mobile revenue represented 76% of total revenues, compared to 65% for the fourth quarter of 2016. Total revenues totaled RMB 84.8 billion ($13.03 billion) in 2017, increasing 20% from 2016. Mobile revenue represented 73% of total revenues, compared […]
Alibaba reported total revenues of RMB83,028 million (US$12,761 million), an increase of 56% year-over-year in Q4 2017.