Forbes released the year 2021 version of Forbes Blockchain 50, from eligible companies with at least $1 billion in revenues or be valued at a minimum $1 billion.
China mobile short-video app market; Tik Tok vs. Kuaishou
Kuaishou started to lead the short video market by reaching over 200 million MAU in November 2017. Tik Top, part of Toutiao, saw astonishing growth in MAU from September 2017. In February 2018, Kuaishou continued to dominate this market with DAU of exceeding 100 million, followed by Tik Tok.
China data center market overview 2021
The total revenues of China’s internet data center businesses reached 113.24 billion yuan and are expected to grow at a CAGR of 30%. China’s data center market is estimated to reach 149.4 billion yuan in 2020, with an increase of almost 32%. The drivers behind the demand in China’s data center include Growth of internet […]
JD.com’s Jingxi platform saw surging sales from college students in 2021
College students’ e-commerce orders on Jingxi platform more than quadrupled in January 2021, according to JD.com. Jingxi is JD.com’s social commerce platform, positioned to compete with Pinduoduo in lower-tier cities, and running Chinese New Year (CNY) Grand Promotion like other e-commerce platforms in China. Annual active consumers of Taobao Deals, a similar product from Alibaba Group […]
These 5 Chinese companies made it to Fortune World’s Most Admired Companies 2021
Apple, Amazon, and Microsoft hold the top three spots in Fortune’s ranking of corporate reputation – World’s Most Admired Companies for 2021. Apple, the premier personal-tech provider, tops the roster for the 14th year in a row, based on Fortune’s poll of some 3,800 corporate executives, directors, and analysts.
IMF raised its forecast for global and China’s economic growth in 2021
The International Monetary Fund (IMF) raised its forecast for global economic growth.
How big is the e-cigarette market? Global vs. China 2016-2023E
China’s vaping firm RELX’s share price more than doubled in its trading debut last week. But how big is the e-cigarette market? There were 1 billion combustible tobacco users worldwide in 2019, of which 85.5% were cigarette users. In 2019, the global sales of combustible tobacco and low-toxic cigarette alternative products were US$850.7 billion and […]
10 Trends in China’s future customers 2021-2025
In the next five years, digital marketing will develop more rapidly in the aspects of non-contact experience, consumption entertainment, consumer-generated video, and personalized experience.
10 Forecast for China PC Market
In 2020, China’s PC market affected by the epidemic was like being on a roller coaster. In the first quarter of 2020, China’s PC market dropped by 28.1% year on year, but the growth rate in the next three quarters is about 10% year on year. IDC predicts that China’s PC market will grow by […]
China’s economy (GDP) grew 2.3% in 2020, expected to grow by 7.9% in 2021
The gross domestic product (GDP) was 101,598.6 billion yuan in 2020, an increase of 2.3% over the previous year at comparable prices, according to preliminary estimates of the National Bureau of Statistics of China. China’s year-on-year GDP for the first quarter went down by 6.8%, up by 3.2% for the second quarter, 4.9% for the […]
Online users overview of China’s pet market 2021
As of October 2020, China pet-related influencers have a total reach of 530 million users, with 54.8% of males, 54.2% under the age of 30, and more than 60% users in the third, fourth and fifth-tier cities, according to data from QuestMobile. China Pet Market Active Online Users by Age Group China Pet Market Active […]
How a new pet brand becomes a best-seller in China with US$34 million sales
Pidan, established for five years targeting the cat food and toys market, sells more than 100 million yuan a year on Tmall. Its second-year sales already reached 50 million yuan. How did they achieve that? Pidan products The most expensive cat litter box Ma Wenfei, the founder of Pidan, is 31 years old and may […]
Forecast: China smartphone market in 2021
Thanks to the better market environment under the stable epidemic prevention and control, IDC predicts that the domestic smartphone shipment will grow by 4.6% year on year in 2021, with total shipments of about 340 million units. 2. supply chain instability Potential changes in the market structure have stimulated a new round of the market […]
More than half Chinese consumers used smart home devices during COVID-19
Since March 2020, 70% of consumers have reported making changes in their living environment due to spending more time at home during the pandemic, and more than half (51%) have reported purchasing at least one smart device during that period, according to a new study by Xiaomi. Stay-at-home orders changed the very notion of how […]
Forecast for China’s future connectivity 2021-2024
Digital transformation is not accomplished overnight, and “technology + business” will have a long-term running-in process. The future will be an era of the interconnection of all things, and connection will be the core element of bridging the gap and releasing digital value. IDC releases forecasts for China’s future connectivity. 1. Digital transformation challenges By […]