The global duty-free market in 2015 is expected to reach US$59.8 billion, more than twice as much as it was 10 years ago according to BCG. The rise of low-cost carriers (LCC) has boosted overseas travel and increasing number of Chinese tourists has driven the rapid expansion of the Asian as well as the global market.
China Post-90s Online Users Insights 2015
The post-90s in China refer to the youth among 16 to 25 years old born in the 1990s which are the first generation accessing the internet from childhood, and have formed different consumption habits with their parents.
Tuniu Outbound Travel Saw 1.7 Million Orders in Q3 2015
Tuniu reported net revenues of 127.5% YoY to 3.0 billion yuan (US$469.4 million) and gross bookings of 122.2% YoY to 4.0 billion yuan (US$621.7 million) in the third quarter of 2015. By providing high-quality products and services to customers, Tuniu expects to generate 1,811.0 million yuan to 1,857.4 million yuan of net revenues which represent […]
China Email Users Overview 2015
China’s mobile internet users reached 901 million as of September of 2015 according to China’s Ministry of Industry and Information Technology. The mobile e-mail users in China have reached 250 million based on the latest report of WPS.
Double 11 Likely to Continue its Success in 2016
China’s Double 11, Nov 11 also called Single’s Day in China, has become a national shopping festival. The total online transaction values on Tmall reached 91.2 billion yuan (US$14.25 million) on Double 11 in 2015 (52 million yuan in 2009, 936 million yuan in 2010, 5.2 billion yuan in 2011, 19.1 billion yuan in 2012, […]
Black Friday Shopping Arrived in China
With the fast growing cross-border e-commerce market in China, all major e-commerce companies are playing “Black Friday” card in China to further push their cross-border shopping sales.
China’s Mobile Gaming Market Totaled $22.93B in Q3 2015
China mobile gaming market reached 14.663 billion yuan (US$2.29 billion), an increase of 13.7% QoQ and 101.8% YoY.
China Overall Advertising Insights Q3 2015
Advertising spend can reflect changes in the economic structure of China. Real estate ad spends decreased by 26.2% year on year and fell down to 28.6% in the first three-quarters this year compared to the same period last year according to CTR.
China Apparel Online Shopping Market Overview in H1 2015
Transactions of China’s apparel online shopping market reached 413.05 billion yuan (US$65.08 billion) in H1 2015, including women and men’s clothes and excluding bags, shoes and children’s clothes.
China’s Mobile Internet Insights Q1-Q3 2015
China’s mobile internet maintained a solid development in the third quarter this year, and the basic pattern of China’s mobile internet remained unchanged compared to the first half-year of 2015 according to TrustData.
China Retail V.S. Online Shopping 2015
Total retail sales of China consumer goods were 26.24 trillion yuan (US$4.11 trillion) in 2014, an increase of 12% compared to the previous year. The growth rate of the Chinese retail market has dropped for five consecutive years. More than two-tenths of responding retailers have reduced opening new stores and the average number of employees […]
Over 5 Million Chinese Person-Trips Visited Japan in 2015
China has ushered in an unprecedented wave of overseas travel that outbound tourists exceeded 100 million passengers last year. Chinese tourists to Japan in the year 2015 will exceed 5 million passengers, ranking first in the world.
Digital Accounting for Over 50% of Chinese Media Time
China’s online video market is expected to reach 36.8 billion yuan (US$5.76 billion) in 2015, representing an increase of 50.2% compared to the previous year according to iResearch.
China Cross-border Online Shoppers to Reach 35.6M by 2018
35% of China’s online shopping consumers bought cross-border products online in 2015, and 73% respondants said the price was the main reason for cross-border shopping according to PayPal and Ipsos research.
China Online Family Tourism Market to Reach $1.8B 2015
Online family tours market in China has been in the rapid development on both mobile and PC end. Transaction value of China’s online family tourism was 6.51 billion yuan (US$1.02 billion) in 2014 and it is expected to achieve 76.2% growth to 11.47 billion yuan (US$1.8 billion) in 2015 according to iResearch.