China Internet Watch

China Internet Stats, Trends, Insights

CIW Team

China GPD 7.3% in Q3 2014, Slowest in 5 Years

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According to National Bureau of Statistics of China, the gross domestic product (GDP) of China in the first three quarters of 2014 was RMB 41,990.8 billion (USD 6,858.5 billion), a year-on-year increase of 7.4%.

China Mobile Customers Reached 799Mln in Q3 2014

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China Mobile continued to experience a decline in its voice and SMS and MMS businesses, with a 0.3% decrease in the total voice usage and a 20.2% decrease in the SMS usage compared to the same period of last year. However, China Mobile substantially leveraged its first-mover advantages in 4G services and accelerated the migration […]

Costco Wholesale Launched Tmall Global Online Store

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Costco Wholesale, the American membership-only warehouse club that provides a wide selection of merchandise, launched Tmall flagship store on Tmall Global reaching Chinese consumers directly with competitively priced food and healthcare products ranging from clothing to groceries to laundry detergent to health and beauty aids.

Habits of 2.7M High Net Worth Individuals in China

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There are about 2.7 million HNWIs (High Net Worth Individuals) in China each of whose assets totals over $0.95 million. And, the number of ultra high net worth individuals (UHNWIs), each with personal assets worth over $15.8 million, reached 63,500. 

Alibaba Invested in China Hotel IT Provider for Taobao Travel

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Taobao has agreed to invest RMB2.81 billion in Beijing Shiji Information Technology Co. Ltd (Shiji Information) who is listed on Shenzhen Stock Exchange (code: 002153), a China-based hotel information technology provider, in return for a 15% stake according to Alibaba Group press release.

Business Car Renting Services’ Potential in China

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In a survey conducted by Tencent, 17% respondents said it’s convenient for their daily transport with taxi service mobile apps while 45% had no idea about what such mobile app is. Since 26% respondents thought it still needs to improve and many Chinese mobile users are not aware of taxi service mobile app, there is […]

China Mobile App Distribution Channels Market Share

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In Q2 2014, the number of China app distribution exceeded 25.5 billion with an increase of 8.9% from prior quarter. Baidu  league still ranked the top with a market share of 41.7%. Tencent’s market share increased to 20.1%, by 3.5% from Q1 2014.

British Scholar Criticized Western Media on Weibo

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John Ross, former economic advisor to Ken Livingstone when he was Mayor of London, criticized western media coverage of Hong Kong’s too hypocritical on his official verified Weibo account, which attracted hot discussion of Chinese netizens.

Alibaba’s UCWeb Giving Away $9.7M Hongbao to Mobile Shoppers

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UCWeb, mobile browser company now owned by Alibaba, updated its mobile browser to cooperate with Tmall to promote shopping privilege by giving out red envelops (or hongbao, a frequently used mobile marketing tactic) worth RMB60 million (USD 9.7 million). New version will support users to log in with Taobao account so users can enjoy convenience […]

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