Alibaba has connected its B2B platform 1688.com with its C2C platform Taobao. Last September, Alibaba integrated 1688 accounts with Taobao ones. Now, Alibaba integrated 1688 suppliers and wholesalers information in Taobao search results. For example, if you search “steel” in Taobao, you can get 4 products displayed in the search results, with company name, location […]
China Top 10 Computer Brands in July 2013
In July 2013, top 10 computer brands in online shopping is shown above. Lenovo ranked the top with 33.3% market share by volume. Followed by ASUS, Acer and Dell. Average price of Lenovo computers sold online was 4,371 yuan (USD 710). Sony ranked the sixth with 4.4% market share, but it had the highest average […]
91% Chinese Apple Fan Purchased Gold iPhone 5S
According to Localytics report on iPhone 5S and iPhone 5C. Within 72 hours of launch, more than 91% Chinese apple fans purchased iPhone 5S. One explanation is that iPhone 5S has the gold color version, iPhone 5C doesn’t. Besides, it also found out that the United Kingdom had the closest purchasing percentage. iPhone 5S vs […]
Alibaba B2B Single Day Transaction Broke USD 679 Million
1688.com, Alibaba’s domestic B2B platform in China, announced on September 5 2013, that the total amount of online transaction on September 4 2013 broke 4.19 billion yuan (USD 679 million). A new record in global B2B market. On September 4, 2013, 230,000 sellers on 1688 made 2.52 million transactions, online transaction in single day mounted […]
China Mobile Search Market Update for Q2 2013
According to iResearch, the number of total China mobile search users reached 390 million in Q2 2013. China mobile search market is not mature yet. Mobile search technology needs improvement to offer better user experience.
50% Chinese Chose iPhone 5S While 22% Go for iPhone 5C
According to a survey done by Tencent, participated by more than 46,000 people by the end of September 10 2013. This survey is to investigate the popularity of iPhone 5S and 5C in Chinese users. 50% users chose iPhone 5S, 22% chose iPhone 5C. And 21% said they didn’t want either one. 7% said they […]
China B2C Appliances Market Share in July 2013
In June 2013, Jingdong led the B2C appliances market with more than 60%, followed by Tmall with 22.36% market share by revenue. All B2C platforms had similar discount rate, around 10%.
Yixun Online Shopping Transactions from Wechat Hit 30K
Yixun.com, an online shopping website acquired by Tencent, granted payment access from Wechat in the middle of August 2013. Data showed that in the second half of August, after Yixun.com granted access from Wechat both in PC and mobile devices, the number of total accumulated transactions from Wechat hits 30,000.
China Online B2C Brand Influence in July 2013
CNIT just released its research on China B2C brand influence in July 2013. Jingdong ranked the first in China B2C brand influence scored 95.72, followed by Tmall and Amazon China. Compared to June 2013, the ranking of Jingdong, Vipshop, Yihaodian, Lefeng and Vancl all went up. Vipshop jumped from the 10th to 4th.
Tencent Became the First Chinese Company With Over USD 100 Billion Market Cap
Last week on September 16, Tencent’s market value went up 1.51%, having reached HKD 774.98 billion (USD 100 billion) and become the first Chinese internet company with a market value of over USD 100 billion. Since 2004, Tencent’s market value increased more than 100 times. Citibank has raised Tencent’s target price to HKD 480. Citibank […]
China’s Sogou, Soso Search Engines Joining Forces
Wang Xiaochuan, CEO of Sogou, revealed the cooperation details in an internal email that Sogou and Tencent would form a joint department to begin cooperation on search. The email said that Tencent would merge Soso and QQ Chinese input with Sogou, and invested USD 448 million to take 36.5% of stake in Sogou. Tencent expected […]
Baidu Search Share Down While Qihoo 360 Up in August 2013
According to CNZZ, Baidu topped China search engine market share with 63.16%, followed by Qihoo’s 360 with 18.23%. Sogou ranked third with 10.35% market share.
China Top 20 Android Devices in August 2013
According to d.cn report, Samsung topped in total android devices sold in August 2013. Top 7 android devices were all Samsung. However, there were 4 Xiaomi devices that ranked in the top 20. Besides, Huawei and Meizu were also on the list. Nexus 7 , a Google tablet, ranked the 20th, which showed users recognition […]
UnionPay New Policy Targeting Third-Party Online Payment
UnionPay announced a new policy towards third-party payment recently, strongly defending its interest in online payment which caused suspects and guesses from market. It stated that non-financial companies(mainly third-party payment) had to transfer offline transaction to UnionPay before December 31 2013. By the end of July 1 2014, third-party payment online transactions had to link […]
Baidu’s Competition With AutoNavi Led to Free Navigation
Baidu announced on August 28, 2013 that Baidu Mobile Navigation would be free hereafter. Merely four hours later, AutoNavi, a leading map and navigation Chinese company, responded with free navigation service promptly. The war over mobile navigation market accelerated immediately. Free is a sharp weapon to break original market structure and win market dominance. Baidu […]