Despite the continuous weak growth and even decline in smartphone sales in China, major domestic mobile phone manufacturers still set a “big leap” of shipping target in H1 2015. Although foreign brands iPhone and Samsung still held a large market share, domestic brands as Huawei, Lenovo, Xiaomi and TCL etc. all set their phone sales […]
Taobao: China's No. 1 Online Marketplace
Known as China's eBay, Taobao is a huge online marketplace China internet users and merchants buy and sell products and services.
China Internet Magazine released a list of top 100 e-commerce companies in China in Q3 2015.
The post-90 is a common term in China indicating people who are born in and after 1990; the total number is about 140 million, accounting for 11.7% of the total population. The post-90s would become the future backbone of China’s internet.
Female online shoppers, which contributed to over half of the domestic consumption revenue, have always been seen as the great driving force of e-commerce in China. However, men sometimes had even more purchasing power over some products, such as clothes, digital products, sports equipment and so on.
Since the start of 2015, the growth rate of Chinese automobile transaction volume had slowed down its growth. In June 2015, the growth rate of the automobile market was merely 1.4%, 7 percentage points lower than June 2014.
Alibaba reported revenues of 20,245 million yuan (US$3,265 million), an increase of 28% compared to 15,771 million yuan (US$2,464 million) in the same quarter of 2014 and net income of 30,816 million yuan (US$4,970 million), an increase of 148% compared to 12,438 million yuan in the same quarter of 2014. The increase was mainly driven […]
On August 6th, the Chinese largest shopping website taobao.com’s unit g.taobao.com published a report on its website, revealing the history of Chinese online shopping and preference of Chinese online shoppers through analyzing big data.
In Q1 2015, China mobile shopping market total transaction value exceeds RMB36.23 billion (US$5.9 billion) according to data of iResearch. Affected by the Chinese New Year, mobile shopping’s QoQ growth in Q1 2015 was relatively slowed. However, iResearch estimates that in Q2 2015, mobile shopping would still keep rapid growth.
GMV across Alibaba China retail marketplaces grew 40% year-on-year, and annual active buyers increased to 350 million, an increase of 37% year-on-year according to Alibaba financial results for Q1 2015.
In China, over 40% housewives manage finance in families and they contribute to 60% domestic consumption revenue. China female internet users are playing more and more important role in China internet.
In 2014, total transaction value of China mobile shopping market was RMB929.71 billion (US$151.27 billion) with an increase of 239.3% according to Chinese research company iResearch, which is close to EnfoDesk’s estimate.
GMV transacted on Alibaba China retail marketplaces in Q4, 2014 was RMB787 billion (US$127 billion), an increase of 49% compared to the same quarter of 2013, and compared to RMB556 billion in the quarter ended September 30, 2014, representing a net addition of RMB231 billion GMV in three months.