According to Enfodesk, China mobile shopping market in Q3 2013 reached 34.1 billion yuan (USD 5.56 billion), with a QoQ increase of 17.7% and a YoY increase of 104%, growing pretty fast. The growth in Q3 was due to the drive of e-commerce enterprises. They improved mobile-end user loyalty by offering discount and coupons, in […]
China B2C 3C Market Update in Q3 2013
China B2C 3C market reached 57.22 billion yuan (USD 9.33 billion), 35.2% of total B2C market. YoY increase rate was 63.9%, and QoQ increase was 9.5%.
China Online Third-Party Payment Reached USD 246b in Q3 2013
According to EnfoDesk, China online third-party payment (enterprises) in Q3 2013 reached 1.51 trillion yuan (USD 245.99 billion), with a QoQ increase of 12.5% and a YoY increase of 54.6%.
China Third-Party Online Hotel Booking Market Update in Q3 2013
China third-party online hotel booking market reached 1.47 billion yuan (USD 239.8 million), with a 14.8% QoQ increase and a 26.7% YoY increase, according to EnfoDesk, .
China Online Video Advertising Revenue Reached 3.25b in Q3 2013
According to Enfodesk, in Q3 2013, China online video advertising revenue reached 3.25 billion yuan (USD 530 million), 13% more than Q2 2013 and 23.1% more than last year. In Q3, online video websites played many TV series, talent shows and self-made drama, therefore average watching time and frequency all increased handsomely which in return […]
China Online Sales in Q3 Exceeded USD 67b
According to Enfodesk, China B2C market reached 162.4 billion yuan (USD 26.47 billion) in Q3 2013, with a 3% QoQ increase and a 50% YoY increase. China online sale reached 415.3 billion yuan (USD 67.7 billion) in Q3, 41% more than 2012. B2C occupied 39% of total online sale, catching up with C2C market.
China Online Travel Booking Users Income Analysis
Online travel websites competed with each other intensely by improving consumer experience. However, consumers with different income had different preferences. According to a research by China Internet Network Information Center (CNNIC), China online travel booking users could be divided into four categories based on their income levels, which were high income class, lower middle income […]
Yiwu B2B Online Transaction To Reach 5 Billion Yuan in 2013
Alibaba’s data showed that in the first half of 2013, Yiwu B2B online transaction reached 2.51 billion yuan (USD 410 million). It is expected to hit 5 billion yuan (USD 816 million) by the end of 2013. Yiwu, a city in the central area of Zhejiang province in China, is one of the most active […]
Baidu Finance Center Outperformed Alibaba Yu’E Bao On the First Day
Baidu launched its finance center on October 28, 2013, within 5 hours, Baidu sold out 1 billion yuan (USD 163 million) worth of money fund. Baidu aimed at offering a finance product with a 8% annual percentage yield (APY) in cooperation with China AMC (China Asset Management Co.). Over 120,000 users bought Baidu money fund, […]
China Secondhand Luxury Brands Analysis
In 2013, China luxury brands market growth slowed down due to economic and other factors. But, how would China secondhand luxury brands market perform? Institute Fortune Character, an institute of Fortune Character which is a luxury lifestyle publication in China, did a survey of more than 200 secondhand luxury stores in Beijing, Shanghai and Guangzhou […]
Chinese Mobile Payment Behavior Analysis in 2013
iResearch announced a report on Chinese mobile payment behavior 2013. According to the report, only 20.7% mobile users said they knew nothing about mobile payment. More than 70% said they had a certain knowledge of mobile payment.
Chinese Email Users’ Attitude To Marketing
Email user coverage in China was 125 million, far less than online shopping and search engine. But the average visit duration was 79.6 seconds, longer than online shopping and search engine.
China Mobile Banking Reached 3.7 Trillion Yuan in Q3 2013
According to Enfodesk, China mobile bank transaction in Q3 2013 reached 3.7 trillion yuan (USD 604 billion), with a 35.9% QoQ increase. In Q3, CCB (China Construction Bank) and ICBC (Industrial and Commercial Bank of China) together occupied almost 50% of mobile bank market, however, their market share dropped a little. CMBC (China Minsheng Banking […]
China B2B Market Scale Reached 12.6 Billion Yuan in H1 2013
China B2B market in the first half of 2013 reached 12.6 billion yuan (USD 2.06 billion), increasing 23.8% compared to 2012. The total market is expected to reach 29 billion yuan (USD 4.74 billion) by the end of 2013.
Double 11: B2C Enterprises Promotion War Upgraded to Offline Retailers
Double 11 is yet to come, the competition between B2C platforms has upgraded. On October 17 2013, Tmall and Yintai shopping mall reached to an agreement of developing China O2O business model. Except for Yintai, more than 30,000 offline stores would join Tmall’s Double 11 promotion.