Alibaba is ranked the world’s second most valuable retail brand with a brand value of US$49.30 billion, according to WPP’s new 2016/2017 BrandZ Top 25 Most Valuable global Retail Brands ranking.
China FMCG online B2B market is to grow to US$48 bn in 2018
China FMCG online B2B market, targeting traditional trade retail stores, will grow to 330 billion yuan (US$48 bn) in 2018 from 40 billion yuan in 2016 according to Kantar Retail.
China post-80s spent an avg of US$17K online in 2016
China post-80s spent an average of 120,000 yuan(US$17,330) online in 2016; and, mobile payment accounted for 92% among China post-90s consumers.
China’s HNWI outbound tourism trends in 2016
On average, a high net worth individual (HNWI) in China has been to 10 countries, according to a Hurun Report. Chinese HNWIs travel abroad 3 times per year. Each trip takes 10 days and costs about 50,000 yuan.
China box office market saw slight growth to $6.4 bn in 2016
China’s box office market reached 44 billion yuan in 2015 with a growth rate of 48.7%; however, it just saw slight growth to 44.56 billion yuan (US$6.42 billion) in 2016.
Top WeChat stats and trends 2017
WeChat unveiled “WeChat Data Report” at the 2017 WeChat Workshop Pro Edition event in China. Let’s take a look at some WeChat data.
Tmall Global cross-border products grew by 50% in 2016
Alibaba’s cross-border e-commerce platform Tmall Global product categories grow by 50% to 3,700 in 2016, with more than 14,500 international brands from 63 countries and regions.
Top 10 CIW Articles in 2016
Check out our Top 10 most-read articles published in 2016.
Check out mobile ads engagement in China in 2016
Mobile ads on social media and online video are the most engaging with the engagement rate of 34% and 28% respectively.
China smartphone usage insights 2016
Chinese smartphone vendors have a combined possession ratio of 59% in 2016, led by Huawei (24%). 67% of China’s local smartpone brands owners are very willing to recommend their smartphones to others, comparing with 73% among global smartphone brands owners.
Top e-commerce platforms in 2016
The top e-commerce platforms in China are JD, Tmall, and YHD in 2016 according to Kantar Retail.
How Alibaba fights counterfeit with big data
With big data analytics and other information, Alibaba could identify the counterfeiters online and assist law enforcement authorities in holding these bad actors accountable for their illicit acts.
Top mobile payment scenarios in China: restaurants, taxi, fast food
78% respondents said they used mobile payment in 2016. 62% use mobile payment at least once a weekly (53% in 2015); 24% at least once a month (down from 50% in 2015).
Renren monthly unique log-in users down 22% YoY in Q3 2016
Renren’s monthly unique log-in users was about 35 million in September 2016, compared to 45 million in September 2015 with an decrease of 22% YoY. The login users’ monthly average time spent increased 17.5% year-over-year.
China retail consumer goods market overview Nov 2016
The total retail sales of consumer goods in China reached 3,095.9 billion yuan (US$448.36 billion) in November 2016, up by 10.8% YoY according to National Bureau of Statistics of China.