Nearly Half E-Banking Users Use Mobile Banking Service in China
In 2013, 77.1% of e-banking users in China used online banking with a slight increase from last year in China; 44.6% used mobile banking. with
China Internet Stats, Trends, Insights
Finance
Alibaba Chairman Jack Man is the Richest Man in China
The founder and chairman of Alibaba Group, Jack Ma (or Ma Yun), has a net worth of $21.8 billion, according to Bloomberg.
Top 10 Finance Vertical Websites in China
During the period from July 28 to August 3 2014, Eastmoney.com had daily coverage of up to 11.24 million, with growth rate of 4.3%, ranking on
Dangdang GMV Had An Increase of 81.6% YoY in Q2 2014
Dangdang’s total net revenues in the second quarter of 2014 were RMB1,960.8 million ($316.1 million), a 31.3% increase YoY. Dangdang had approximately 8.5 million active
Taobao Auction Now The Biggest in China; To Exceed Sotheby’s and Christie’s Combined in 2015
Taobao auction total turnover exceeded 10 billion in the first quarter this year according to its announcement on 12 August; the first half of 2014
Why Are Foreign Products More Expensive in China?
Purchasing foreign products nowadays shows a rising trend in Chinese market. Foreign products, commonly perceived as being with good quality, are often more expensive in
China’s Top 10 Online Media by Ad Revenue in Q2 2014
China online advertising market reached RMB38.15 billion (US$6.19 billion) in the second quarter of 2014, an QoQ increase of 29.2% and YoY growth rate of
Taobao & Yu’E Bao Offers Money-making “Tour Packages”
Alipay Yu’e Bao and Taobao Trip launched Lvyou Bao, or “travel treasure”, a travel product with investment benefit. How it works: Consumers pay for travel
China’s Third-party Internet Payment Exceeded $302B in Q1 2014
China’s third party internet payment totalled RMB1873.15 billion (USD 302.71 billion) in Q1 2014, with a YoY growth rate of 84% according to iResearch.
Alipay Offering Fingerprint Payment Partnering with Samsung
Alipay announced its cooperation with Samsung Galaxy S5 to offer Alipay users payment by fingerprint.
Chinese Buyers Purchased $22 Billion U.S. Properties in One Year
Over the 12 months ended March 2014, buyers from China purchased U.S. properties estimated at $22 billion in total value, approximately a quarter of total international sales according to
Alipay Offering $3+ Insurance for Mobile Phone Screens
Alipay is actively expanding its business into insurance businesses with new version 8.2 offering four types of insurance packages.
Forbes: Best CEO of China’s Public Companies in 2014
Forbes China studies the revenues of China’s public listed companies for three consecutive years and came up with a “China’s Best CEO” list today. The
JD Launched Crowdfunding Platform
JD launched a crowdfunding platform today with 12 smart hardware and fashion culture products.
INFOGRAPHIC: Brief History of Alipay Yu’E Bao’s Rapid Development in China
Alipay’s Yu’E Bao, linked with monetary fund, is a value added service of Alipay serving as an alternative investment way for China internet users. It’s
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