The top player in China’s on-demand food delivery solution market, with a market share exceeding the total of the next top four combined, Quhuo applied to list their ADSs on the Nasdaq Global Market, under the symbol “QH.”
Top traffic driver compared: TikTok/Douyin vs. Kuaishou vs. Bilibili vs. RED
The four mobile social platforms favored by brands in China to plant a seed in consumers’ minds driving brand awareness and sales are no doubt TikTok (Douyin app), Kuaishou (Kwai), Bilibili, and Xiaohongshu (RED). Take a quick overview of the four apps on time usage, user growth, and their downstream shopping platforms (Taobao, Pinduoduo, JD, […]
Alibaba’s DingTalk user profile in Mar 2020; additional 62 million users acquired
DingTalk, Alibaba’s enterprise communication and collaboration platform, is the top rising mobile app in the 100M-500M MAU group in March 2020. The monthly active users of DingTalk skyrocketed to 288 million in March 2020 from 47 million in March 2019, an increase of 513% YoY. The average monthly usage hours also grew sharply by 570% […]
China express delivery business volume up 41% in May 2020
In May 2020, the business volume of China’s express delivery service completed 7.38 billion pieces, a year-on-year increase of 41.1%; the corresponding business revenues totaled 77.19 billion yuan, a year-on-year increase of 24.9%. The business volume of the express delivery services in China has accumulated 26.41 billion pieces in the first five months of 2020, […]
China mobile internet users reached 1.16 bn in Apr 2020, total time spend up 13%
The number of active mobile internet users in April 2020 reached 1.16 billion in China, an increase of 1.75% YoY. The average monthly time spent on mobile internet was 144.8 hours, up 13% YoY. And, China mobile internet users opened on average 23.7 apps in April 2020.
Sales of admission tickets for amusement parks rose by 437% on JD 618
Data from JD Travel shows that sales of scenic area tickets on the first two days of 618 increased by 298%.
7 Consumption trends revealed on the first day of JD 618
There has been an all-around increase in electronics products, fresh food, and household daily use products. The rebound of large household appliances once affected by the epidemic is quite apparent, among which the trend is most obvious in China’s central and southern provinces. Transactions doubled in Guangxi, Jiangxi, Sichuan, Hunan and Hubei provinces. As of […]
China online travel market down 55.8% in Q1 2020
The estimated transactions of China’s online travel market in the first quarter of 2020 were 186.2 billion yuan, down 55.8% quarter on quarter. Affected by the tourism off-season, the transaction scale of China’s online tourism market in Q4 2019 was 421.37 billion yuan, down 22.0% month on month, which was more significant than that in […]
Alibaba’s e-commerce platform AliExpress launched influencer program
AliExpress, Alibaba Group’s export e-commerce platform, announced last week that it will empower over 100,000 content creators and influencers worldwide to bring new jobs and help them generate incomes to recover from the global economic downturn caused by COVID-19.
China online shopping market overview Q1 2020
The transactions of China’s online shopping market is expected to reach 2.1 trillion yuan in Q1 2020, down 33.3% quarter on quarter or decrease of 1.2% year on year. In Q4 2019, the transactions of China’s online shopping market reached 3.2 trillion yuan, an increase of 38.5% QoQ or 26.9% YoY. The growth was higher […]
Social dating app Momo MAU down 6% in Q1 2020
Online dating and social networking mobile platform Momo reported 108 million monthly active users (“MAU”) in March 2020, compared to 114.4 million in March 2019.
Shoppers could soon buy JD products on Kuaishou platform
Kuaishou (Kwai) Technology and Jingdong (JD) Retail Group signed a strategic cooperation agreement on 27 May 2020 that enables users to buy JD products on Kuaishou platform directly.
China tablet shipment down 30% in Q1 2020, despite of higher demand
China’s tablet shipment totaled 3.73 million units in the first quarter of 2020, a decrease of 29.8% due to the coronavirus outbreak.
Taobao Live’s Stunning Growth in 2020
Taobao recently announced plans to host live streaming sessions from 300,000 merchants per day in 2020. Wholesalers and manufacturers in factory cluster areas, such as Yiwu in Zhejiang Province, will be the target. Top Taobao Live anchors: Li Jiaqi and Viya Launched in 2016, the live streaming channel Taobao Live expects to help incubate 200,000 […]
Pinduoduo in Q1 2020; 600 million active buyers, up 42%
Pinduoduo (NASDAQ: PDD), one of the top e-commerce platforms in China, saw its GMV more than doubled to 1,157.2 billion yuan (US$163.4 billion) in the twelve-month period ended March 31, 2020, an increase of 108% YoY from 557.4 billion.