Alibaba publishes a price index for online shopping, called Alibaba Shopping Price Indices or aSPI. This series include two indices:
Weibo.com Eyeing for More Revenue with We Media Program
Weibo.com has launched a new program for “we media” to encourage more unique and quality content creation on Weibo. Weibo “We Media” Program is for verified individual Weibo accounts to apply, whose monthly posts have more than one and half million monthly views and total number of fans are below five million.
Sina Weibo to Launch Smartphone Apps for Sellers
Weibo.com announced last week they are opening up its Weibo Payment for third parties including both businesses and individuals. This week, some images are leaked on China internet showing the to-be-launched smartphone app called “Weimai” (or Micro-sell) for sellers to manage product inventories and provide online customer service.
Nielsen: Chinese Consumer Confidence Maintains High in Q1 2014
Chinese consumer confidence remained high in the first quarter of 2014 as in the previous quarter, higher than the same time period in the previous year and above the global average, according to findings from Nielsen. Nielsen also found that FMCG sales in the Chinese market rebounded back to 8% growth in Q1, two percentage […]
China’s Top 100 Best E-Commerce Cities
Alibaba Ali Institute and Chinese Academy of Information Technology jointly started “E-Commerce Development Index” research in 2010. This year, Ali Institute studies 294 cities and released “China’s Top 100 Best E-Commerce Cities 2013” report.
Weibo to Open Up Weibo Payment This Month
Weibo has announced this morning to open up its Weibo Payment for third parties, including enterprises and individuals. Weibo Payment was launched this January, co-developed by Weibo.com and Alipay.
Windows Store: China Generating 2nd Highest Number of Downloads on Windows Phone
According to a Microsoft recent blog post, China is generating the second highest number of downloads on Windows Phone from Windows Store.
Alibaba’s Ambition in Online Pharmacy Retailing
Alibaba’s B2C platform Tmall has a section offering online medicine purchase, on which the products are co-operated with other pharmacy e-tailers.
Alibaba Investing SGD 313 Million in Singapore Post
Alibaba announced through its official Weibo that it will invest SGD 313 million (about USD 249 million) in Singapore Post (SingPost) for 10.35% share in SingPost.
JD.com Launching Wechat Shop
JD.com’s Wechat shop is currently being targeted among some Wechat users in Beijing and Shanghai with updated Wechat version 5.3.
China’s Top Online & Mobile Online Payment Providers in Q1 2014
Total online payment market in the first quarter of 2014 reached 1.96 trillion yuan, a growth rate of 5.1% QoQ. The top three providers, Alipay, Tenpay and Unionpay represent over 80% of the total.
PwC Recommending Video and Coupon for China Mobile Advertising
Video is ranked as the most popular with 36% of respondents placing it as their most preferred format for mobile advertising, according to a PwC report released this month.
The Art of Social E-Commerce That Xiaomi Taught Us
1.3 million smartphones, nearly 4.8 million pieces of accessories, all sold out in 12 hours. At 22:00 on 8th April 2014, Xiaomi’s total transaction amount in the latest round of “Mi Fan Festival” came to a halt at 1.5 billion yuan (USD 243.35 million), setting a new domestic record for single-day transaction amount in independent […]
Top 4 Trending in Chinese E-Commerce Market
The Chinese e-commerce market have seen a sharp rise in both B2C and C2C channels in the recent years. Rapid development in online shopping platforms, social media, online payment and mobile devices is not only driving the market to a boom, but also revolutionizing consumer experience and business marketing methods. Here are the four major […]
MIIT: Chinese Mobile Internet Users Reached 838 Million in January 2014
The Ministry of Industry and Information Technology (MIIT) of China recently published a report on the Chinese telecom industry in January 2014. The statistics showed that the total users of mobile internet services reached 838 million in January 2014, accounting for 67.8% of all mobile phone users. Mobile internet traffic also saw a remarkable YoY […]