JD Auto and JD Logistics jointly introduced the “deposit and delivery service” for tires bought online through the JD.com platform. The announcement is made in conjunction with the launch of JD’s tire shopping festival starting on 18 March 2021. After ordering the tires on JD, customers can send the products to their designated “JD Mini […]
Profile of Tuya Inc, China’s IoT cloud platform, empowering brands like Philips and Schneider Electric
Tuya Inc has pioneered a purpose-built IoT cloud platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers. Its IoT PaaS offering enables businesses and developers to quickly and cost-effectively develop, launch, manage and monetize software-enabled devices and services. Its Industry SaaS offering enables businesses to easily and […]
Burberry co-created mobile game skins for Honor of Kings with Tencent
In Honor of Kings’ first co-creation with a luxury brand, Burberry Chief Creative Officer Riccardo Tisci has exclusively designed two skins for the mobile game’s popular heroine, Yao.
70% Chinese enterprises believe China will see V-shaped recovery
More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American executives and 45 percent of European executives say the market will be less competitive than China after the outbreak. In recent research […]
Beike, China real estate tech giant’s total transactions up 64.5% in 2020
KE Holdings or Beike (NYSE:BEKE), China’s leading real estate platform, saw 65.4% YoY growth in the total gross transaction value (GTV) to RMB1,120.0 billion (US$171.6 billion), according to its official press release.
Highlights of China’s toughened measures against online markets
E-commerce live streaming videos should be kept for at least three years Special terms for personal information protection It is strictly forbidden to force “picking one from two” Online platform responsibilities On March 15, China’s State Administration of Market Supervision issued Measures for the Supervision and Administration of Online Market (“New Measures”), which will come […]
Alibaba steps up for community group buying market in China
Recently, Alibaba has set up an MMC business unit to focus on the community group buying business, integrating the community group buying business of Lingshoutong and Hema Jishi. The business group leader is a partner at Alibaba Dai Shan, who is the eleventh employee of Alibaba and also the president of Alibaba’s B2B business group. […]
How Tencent’s investment strategy made it US$120 billion in 2020
Tencent made a total of about US$120 billion in 2020 through its minority stakes in about 100 listed companies. Such achievements are enough to make any venture capital company in Silicon Valley envious. Tencent is one of the largest and smartest technology investors in the world, holding shares in a range of companies, including Snap […]
Profile of Zhihu: China’s Quora, a top content community
Launched in 2011, Zhihu is the largest Q&A online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC.
China saw 41% less travelers during Chinese New Year 2021
March 8 is the last day of the Chinese New Year 2021. According to the data of the State Council, the total number of passengers sent by railways, highways, waterways, and civil aviation is expected to reach 870.836 million person-trips, 70.9% lower than the same period in 2019 and 40.8% lower than the same period […]
China electric vehicles (EVs) sales grew 8% to 1.3 million units in 2020
A record 1.3 million electric vehicles (EVs) were sold in China in 2020 with a year-on-year growth of 8%, comparing with 39% worldwide sales growth, according to research from Canalys.
China smart speaker market overview 2021
In 2020, the smart speaker market in China sold 36.76 million units, a year-on-year decrease of 8.6%; among them, smart speakers with screens accounted for 35.5% and sales increased by 31.0%, according to data from IDC. Baidu leads the smart speakers (with screens) market, followed by Alibaba and Xiaomi. The overall market share this time […]
China’s birth rate reached the lowest since 2000
The number of China’s births reached 14.65 million in 2019, a decrease of 580,000 compared with 2018, according to the latest data of the National Bureau of Statistics.
Gen-Z Insights: capturing attention of China’s post-95s consumers
Attention is the first impetus for people to start thinking and take part in the action. It has become a scarce resource in the prosperity of the Internet. Today’s young people’s daily cross-screen multithreading behavior has intensified the dispersion and switching of resources. When is their attention most active? What do they focus on? What […]
Top 10 predictions for China’s blockchain market 2021-2025
By 2025, blockchain-based electronic voting solutions will become the mainstream solution, and 5% of jurisdictions will conduct blockchain voting system testing in China, according to IDC. By 2024, the healthcare blockchain digital identity standard will come from the National Health Commission or other health institutions, and the following four aspects can be achieved: medical data […]