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.
Game streaming platform Huya mobile MAU up 39% in Q1 2020
China’s game live streaming platform Huya announced 47.8% growth in net revenues to RMB2,411.9 million (US$340.6 million) in Q1 2020 from RMB1,631.5 million in Q1 2019.
Xiaomi in Q1 2020; overseas market accounts for half of total revenues
In Q1 2020, Xiaomi’s total revenue for the period reached RMB49.7 billion, representing an increase of 13.6% year-over-year. Adjusted net profit for the period was RMB2.3 billion, an increase of 10.6% year-over-year.
Weibo MAU grew to 550 million in Q1 2020
Weibo monthly active users (“MAUs”) were 550 million in March 2020, a net addition of approximately 85 million users, or 16% increase on year over year basis. Mobile MAUs represented about 94% of MAUs.