The overall turnover of Black Friday in 2015 increased by nearly 30 times more than that in 2014 and the number of orders increased by nearly 35 times this Black Friday shopping season according to Alipay.
China Outbound Cruise Travel Market Insight 2015
China online travel market reached 44.88 billion yuan (US$7.00 billion) an increase of 48.1% YoY in 2014. And, China’s online travel market is expected to total 63.06 billion yuan (US$9.84 billion) in 2015, an increase of 40.5% compared to the previous year estimated by iResearch.
China’s B2C Online Sales Rose in Q3 2015
Transaction values of China’s B2C online market reached 503.6 billion yuan (US$78.58 billion) with an increase of 49.7% in the third quarter of 2015 compared to the same period in 2014 according to Analysys.
Business Purchase 80% of China E-Commerce Market in H1 2015
China e-commerce market is expected to reach 16.2 trillion yuan (US$2.53 trillion) in 2015, of which business online purchase will account for about 80% or 12.9 trillion yuan (US$2.01 trillion) according to CCID Consulting. Jingdong had 39.4% market share of self-serving business purchase vertical in the first half of 2015.
88% China Tier-2 Consumers Buy Overseas Online in 2015
Comparing to regular online shopping in China, cross-border shopping frequency is lower with a higher average order value. About one-third of Chinese cross-border online shoppers purchased overseas goods only 3 to 5 times in 2014. However, about a quarter of the respondents spent 1,000 (US$157.17) to 3,000 yuan (US$471.51) on each order and 11% spent […]
Chinese Travelers Driving Growth of Global Duty-Free Market
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.