The third-party mobile payment transactions exceeded 2.42 trillion yuan (US$0.37 trillion) in Q3 2015 with an increase of 5.4% compared to the same period last year and 64.3% compared to the previous quarter this year according to iResearch.
Amazon China Black Friday Sales 10 Times of Double 11 2015
China’s cross-border shoppers reached 18 million and generated revenues of 140 billion yuan (US$21.75 billion) in 2014 according to China Electronic Commerce Research Center and China General Administration of Customs.
Android OS Dominates China Smartphone Market
Transaction volume of China’s smartphone market rises to 470 million units in 2015 from 120 million in 2011 and is expected to reach about 470 million in 2016 which tends to saturate according to Sino-mr.
Does Google Play Stand A Chance in China?
Active users of China’s third-party mobile application stores reached 436 million in the third quarter of 2015 increasing 1.87% compared to the previous quarter according to iiMedia.
Over 1/4 Irish Shopped in China’s Online Platforms in 2015
Over a quarter of Irish online shoppers purchased on China’s online shopping platforms in 2015 according to a recent research by Paypal.
Mobile over 35% of China Online Gaming Market in Q3 2015
China’s online gaming market reached 35.39 billion (US$5.51 billion) in the third quarter of 2015 with an increase of 5.5% QoQ and 24.5% YoY according to iResearch.
China Online Travel Market Overview in Q3 2015
China’s online travel market reached 122.23 billion yuan (US$19.07 billion) with an increase of 18.0% QoQ and 45.9% YoY in the third quarter of 2015 according to iResearch. The OTA market in China reached 5.96 billion yuan (US$0.93 billion) in Q3 2015 with an increase of 48.8% compared to the same period last year, led […]
75% Black Friday Shoppers in China are Female in 2015
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 […]