Private-label share is 5% or less in markets such as China, India and Brazil according to a Nielsen survey and there does appear to be a ceiling for growth while in the most developed European store-brand markets, private-label share has remained around 45% for the past 10 years.
China Online Automobile Buyers Insights 2014
Since 2000, China automobile market has been developing rapidly. As of 2013, average sales volume of automobile increased by 19.8% annually in China. However, the growth slowed in recent two years. China Automotive Technology Research Center estimated that automobile sales volume will reach 25.5 million in 2015 and 35 million in 2020 with average annual growth […]
WeChat Li Cai Tong Fund Reached 100 Bln in the First Year
According to WeChat, the number of Li Cai Tong users exceeded 10 million and the fund was over RMB100 billion one year after its launch.
Jingdong’s Paipai Launched Mobile Selling App
Paipai launched micro-shop mobile app last month to enable individual merchants to set up mobile online stores on smartphones directly and they could log in the stores with QQ numbers only.
360 Launched Haosou.com, Ambitious in Mobile Search Market
Qihoo 360 launched its new search brand “Haosou” this week. Haosou.com is online now and its previous search engine domain so.com is now redirecting traffic to haosou.com.
Alipay Sells Public Transport Cards to Cross-border Travelers
Alipay starts offering the purchase of public transport cards via its mobile apps Alipay Wallet for cross-border travelers.
Tencent Got More Than WeChat Payment to Compete with Alipay on Mobile
Tencent QQ’s monthly active users exceeded 829 million and MAUs on smart device exceeded 521 million according to Tencent’s finance report of first half of 2014. Tencent QQ was the first Chinese instant messenger in Guinness World Record for having the most number of simultaneous online users on an instant messaging platform on 3rd July, 2014. […]
Xiaomi to Sell Automobile?
Lei Jun wrote a blog post a year ago about meeting Elon Musk, the CEO of Telsa motors and he said he’s really interested in Tesla’s cars. This week, a currently circulating story on China internet reported Xiaomi is about to mass manufacture smart cars.
Qunar’s Mobile Revenue up 445% YoY in Q3 2014
Qunar’s total revenues for Q3 2014 more than doubled YoY to US$81.6 million and its mobile revenues was US$33 million an increase of 445.1% YoY.
China 3C Home Appliance B2C Market in Q3 2014
In Q3 2014, total transaction value of China 3C home appliance B2C market was RMB107.88 billion ($17.56 billion) with an increase of 67.9% from the same period of the prior year.
Ctrip Mobile App Downloads Reached 350M in Q3 2014
For the third quarter of 2014, Ctrip reported total revenues of RMB2.3 billion (US$368 million), representing a 38% increase from the same period in 2013. Total revenues for the third quarter of 2014 increased by 24% from the previous quarter.
11 Charts to Show How Companies Use Wechat Official Accounts
WeChat now has 468 million monthly active users and it’s ranked the top mobile app in China. In July 2014, total number of Wechat official accounts were over 5.8 million and it is still growing with an average monthly increase of 15,000.
China eDM Performance in H1 2014
In the half of 2014 in China, average deliverability rate, open rate, click-to-open rate and click through rate were 94.54%, 9.39%, 16.71% and 1.57% respectively according to data from Webpower China. The indicators showed stable growth in electronic direct mail (eDM).
Mobile QQ Launched WeChat Similar Service Account
WeChat official account has been launched for over two years, which has attracted businesses and individuals to the platform. QQ, being quiet connecting businesses and individual users, launched their “Lifestyle Service Account” in November 2014.
PHOTOS: Baidu DuBike, A Smart Bike That Generates Electricity
Baidu revealed its smart bike DuBike prototype, developed by Baidu Deep Learning Lab.