China Online Banking Market Overview in Q4 2015
China’s online banking transaction values reached 510 trillion yuan (US$78.24 trillion) with an increase of 17.6% QoQ in Q4 2015 according to Analysys. The increase
China Internet Stats, Trends, Insights
Finance
China UnionPay Totaled 260 Million Usesrs in Aug 2015
According to the latest data from China UnionPay, as of 30 August 2015, the number of China UnionPay internet and mobile payment users has exceeded
China UnionPay Surpassed VISA in Transaction Value in Q1 2015
In Q1 2015, China UnionPay’s total transaction value exceeded USD$1.9 trillion globally according to the latest data, which also means China UnionPay surpassed VISA for
Top 10 Finance Website in China in Jan 2015
In January 2015, eastmoney.com had daily user coverage of 14.85 million, ranking top among China’s financial websites by total reach, followed by ce.cn and hexun.com
China Mobile Payment Exceeded $3 Trillion in 2014
On 12 February 2015, People’s Bank of China announced China’s Payment Market Report 2014. The report showed in 2014, the total transaction volume and value
China Fast-Growing Internet Investment Product Insights in 2014
Nowadays, the penetration of internet investment products has exceeded 45% in china. The internet investment products, such as P2P, Yu’E Bao, WeChat Licaitong and so
Netease Revenues Up 42.5% in Q4 2014
Netease completed 2014 with a 42.5% YoY increase in Q4 revenues, led by a 35.7% increase in online game services, a 22.7% increase in advertising
Sohu Sogou Revenue Grew by 70% to $119M in Q4 2014
Sohu total revenues were US$477 million, up 24% year-over-year and 11% quarter-over-quarter while Sogou, part of Sohu, revenues were US$119 million, up 70% year-over-year and
China ATM Chip ATM Card to Exceed 1.2 Billion
According to China UnionPay, the quantity of chip bank cards (i.e. financial IC cards) released in China in 2014 was doubled compared with the previous
Alipay Launched China’s First Credit Agency
Alipay’s Ant Financial Services Group has established China’s first credit agency, called Sesame Credit, to use a system based on online and offline data to
WeChat Li Cai Tong Fund Reached 100 Bln in the First Year
According to WeChat, the number of Li Cai Tong users exceeded 10 million and the fund was over RMB100 billion one year after its launch.
E-banking Replacing Over 80% of China’s Banking Transactions
In 2013, transaction volume of China commercial banks exceeded 124.54 billion with e-banking replacement rate of 79%. China commercial banks are now focusing on mobile
Yu’E Bao Exceeded 578.9 Bln Yuan in 2014
Tian Hong Fund released the news on 5 January 2015 that as of 31 Dec 2014, Yu’E Bao’s exceeded RMB578.9 billion (US$94.09 billion), contributing over
China Mobile Banking Users Increased by 50% YoY in 2014
China e-banking service is developing rapidly, especially mobile banking service. In 2014, mobile banking users increased by 50% from the same period of prior year.
Apple Adds UnionPay Payment for App Store Customers in China
Apple today announced that the App Store has added UnionPay as a payment option for customers in China. China UnionPay is the most popular payment
CIW eBooks
eBook: Win Chinese Market with Content
[tabby title=”Overview”] This eBook shares three trends of digital content consumption in China, China’s digital content ecosystem, and how content help businesses in branding and
eBook: Small Town Youth, New Growth Engine in China
[tabby title=”Overview”] The average monthly disposable income of new small-town youths from China’s lower-tier cities is 3,730 yuan, compared with 5,401 yuan of young people
eBook: China E-Commerce Factories
[tabby title=”Overview”] E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic