For 18 out of the 22 categories, China sees the highest percentage of respondents who are willing to buy online compared with the remaining 59 countries and regions covered in a survey conducted by Nielsen. It also found out that China sees the highest intent for both online-shopping and online-purchase for categories including clothing, cosmetics, personal care, […]
China’s Online Tour Booking Site Tuniu Performance in Q2 2014
Tuniu’s net revenues in the second quarter of 2014 increased by 84.9% year-over-year to RMB716.4 million (US$115.5 million) according to its official financial results.
Boeing Projects China in Demand of 6,020 Airplanes Valued at $870B
Boeing projects a demand in China for 6,020 new airplanes over the next 20 years, valued at $870 billion. The company released its annual China Current Market Outlook (CMO) in Beijing which shows Chinese carriers will take delivery of nearly 45% of the total demand for airplanes in the Asia Pacific region during the forecast […]
Amazon Global Shipping Charge Being Reduced for China Online Shoppers
Some China internet users observed the shipping charge of some products at Amazon US store are reduced, which indicates Amazon’s efforts in cross-border e-commerce.
Facebook Launched Official Weibo Account in China
Deputy general manager of Weibo Zenghui Cao confirmed a Weibo account to be from Facebook today though it’s not a verified enterprise Weibo account:
Rovio’s Angry Birds Stella Available in China on Alibaba Mobile Apps
Rovio’s Angry Birds Stella is available for download through Alibaba’s mobile apps such as its Taobao online shopping app, Laiwang chat app, and Alipay’s smartphone app, Alipay Wallet.
China to Overtake USA as No.1 4G Market
China will overtake USA as the number one LTE market in terms of LTE smartphone sales in the second half of 2014, according to Counterpoint Research. China had high smartphone shipments in Q2 2014 with more than 100 million units and it now accounts to more than a third of the global smartphone volumes up […]
Daily Video Play on Weibo Peaked at 150 Million Times in Aug 2014
Daily video sharing on Weibo exceeded one million times in August and the peak value of daily plays reached 150 million, according to Weibo press release on 2 Sep 2014.
Baidu Kuaiso: A Smart Device for Food Safety
Baidu unveiled another smart device called Baidu Kuaiso, or Baidu Chopstick Search in addition to BaiduEye at Baidu World 2014 conference. It can detect harmful health cooking oil and tell the difference between Fuji apple and Gala apple.
Taobao Sold 1002 Tons of Laundry Detergent in 3 Days
Taobao just sold 1,002 tons of laundry detergent over the 3-day period ended on 31 August 2014 according to Taobao’s official Weibo account.
Alipay and Huawei Launched Finger Payment Standard in China
Alipay partnered with Huawei and launched finger payment standard in China, which will be first available on Huawei’s smartphone Mate 7.
33% of People in China Watching Online Video Every Day
In TNS Connected Lif study, it found that one third (33%) in mainland China, 32% in Hong Kong, watch online video every day, on either PC or mobile devices:
Alibaba Chairman Jack Man is the Richest Man in China
The founder and chairman of Alibaba Group, Jack Ma (or Ma Yun), has a net worth of $21.8 billion, according to Bloomberg.
Evernote Market Launched in China with Hardware Products
Evernote Market was launched in September 2013 but it wasn’t available to China market until today.
Renren’s Monthly Unique Log-in Users Down to 54 Million in Q2 2014
Renren’s total net revenues for the second quarter of 2014 were US$25.0 million, representing a 42.4% decrease from the corresponding period in 2013 according to Renren unaudited financial report.