China’s search engine market in Q2 2015 reached 19.22 billion yuan (US$3.09 billion), with an increase of 25.9% QoQ and 36.9% YoY according to Analysis Research.
Tmall Will Launch the Global Duty-free Shop Project in China
Tmall Global announced on July 28th that it would launch the duty-free shop project in China partnering with Shilla Group and King Power, who are the largest duty-free groups in South Korea and Thailand respectively. The strategic cooperation of the three parties is an innovative model of cross-border e-commerce, and the new shopping model could […]
China’s Mobile Car Calling Market from 2014 to 2015
Kuaidi and Didi mobile car calling apps still rank first in China’s car calling market by usage rate according to iiMedia Research. Carpooling will become the next focus of competitions in China’s car calling market.
Uber China Valued Over $6 Billion in July 2015
According to Leiphone.com, Uber China recently launched a second round of financing; the company’s valuation is between US$6 billion and US$7 billion in July 2015.
Over 100 Million Chinese Travelled Abroad in 2014
Recently Hotels.cn released the fourth ” Survey on Chinese tourists traveling abroad in 2015″, which reveals that the sustained and steady growing China’s overseas travel market has brought enormous business opportunities to the global tourism and hotels. In 2014, the number of Chinese traveled abroad exceeded for the first time 107 million, with an increase […]
China Online Retail Exceeded $265B in H1 2015
In H1 2015, China online retail market reached RMB 1645.9 billion (USD 265.126 billion) with a YoY growth of 39.1%. According to data of China National Bureau of Statistics, the total retail value of social consumer goods accounted for RMB 14157.7 billion (USD 2280.557 billion) in H1 2015, with an increase of 10.4% (10.5% if […]
China Advertising Insights 2015
In May 2015, CTR, a Chinese reserach company, announced a new report on China advertising market, which focused on key industries and top advertising marketing companies.
China’s Top 30 Mobile Internet Companies in 2015
Forbes China in April released a list of Top 30 Mobile Internet Companies in China in 2015, which records the revenue of China’s technological companies on the mobile internet. Tencent ranks first with the mobile revenue of RMB 22.171 billion (USD$ 3.571 billion), and Xiaomi is the only hardware manufacturer on the list.
Over 200K Taobao Fraud Transaction Accounts Targeting Uber
In the costly-spending O2O field, almost all firms have a grievous history of fraud transactions and anti-fraud transactions. Uber, Didi, and other vehicle calling services have become the trades favoured by many over the past two years, due to their high-profile spending of scores of millions US dollars every day.
Chinese Luxury Traveler Insights 2015
The Hurun Report recently published The Chinese Luxury Traveler 2015, for the fourth consecutive year. The report revealed the features of Chinese traveling enthusiasts, including their decision-making process, social media habit, travel trend, sales and gifting preference.
How WeChat Drives Viral Marketing of Local Specialities
An article called Why I Left Tencent to Sell Chaoshan Specialities received over 100,000 views within 6 hours since published on WeChat.
China Online Gaming & Mobile Gaming Market in Q1 2015
China online gaming market exceeded 30 billion yuan for the first time and reached 32.08 billion yuan (US$ ) in Q1 2015, an increase of 8% QoQ with 24.7% growth YoY according to iResearch.
WeChat Simplifies “Receive Payment” Process
In WeChat’s latest update this week, a new feature allows users to collect payment in easier way by simply clicking on the plus icon in the main interface.
Baidu: the 14th Largest Media Owner in the World
According to ZenithOptimedia’s new report Top Thirty Global Media Owners 2015, Baidu is now the fourteenth-largest media owner in the world growing 43% YoY. In the Top 30 list, Google ranked on top, followed by Walt Disney and Comcast.
Ctrip Acquired eLong for US$400 Mln
Ctrip announced its investment in eLong last Friday through acquiring eLong shares from certain selling shareholders, including Expedia together with several other investors. Ctrip acquired a 37.6% equity stake in eLong for a total purchase price of approximately $400 million.