Xiaomi in Q1 2020; overseas market accounts for half of total revenues
In Q1 2020, Xiaomi’s total revenue for the period reached RMB49.7 billion, representing an increase of 13.6% year-over-year. Adjusted net profit for the period was
China Internet Stats, Trends, Insights
Technology
Chinese search engine Sogou reported $31.6 million loss in Q1 2020
Sogou (NYSE: SOGO), China’s second-largest search engine, reported total revenues of $257.3 million, a 2% increase year-over-year, or a 5% increase in RMB terms according
How “Lite” apps help drive tech companies’ growth in China
Alibaba launched a “Lite” version of its DingTalk, an enterprise communication and collaboration platform in early April 2020. And, ByteDance also launched a light version
JD partners with Cloudflare in China’s cloud market
Cloudflare announced a significant strategic partnership with JD Cloud & AI, the cloud and intelligent technology business unit of JD.com (Jingdong).
China to account for 44% of global robotics market (including drones) by 2024
China is the largest robotics (including drones) market in the world. It is expected to account for 38% of the global total in 2020, with
China’s Bitcoin mining machines manufacturer Ebang filed for U.S. IPO
Ebang International, a leading Chinese bitcoin mining machine manufacturer based in Hangzhou, Zhejiang Province, is trying to raise up to $100 million through an initial
Baidu launched cloud-based virtual smartphone
Baidu Smart Cloud officially released “Cloud Mobile Phone”. The so-called Cloud Mobile Phone is a virtual smartphone with all applications running on the cloud so
China surpassed the U.S. as the top source of patent applications in 2019
China surpassed the United States as the top source of international patent applications filed with WIPO amid another year of robust growth in 2019.
JD.com founder Richard Liu resigns as a general manager
Jingdong Century Trading Co., Ltd., the operating entity of Jingdong, has undergone changes in its business registrations on April 2, 2020.
Xiaomi highlights in 2019; MIUI MAU up 28% to 310M in 2019
In 2019, Xiaomi’s total revenue was RMB205.8 billion, an increase of 17.7% year-over-year. Adjusted net profit was RMB11.5 billion, an increase of 34.8% year-over-year. For
Cloud infrastructure services spend in China increased by 64% in 2019
China’s cloud infrastructure services market grew 66.9% and reached US$3.3 billion in total spending in Q4 2019, accounting for 10.8% and the second largest of
China’s wearable device shipment up 37.1% in 2019, led by Xiaomi and Huawei
The wearable device shipment grew by over 25% to 27.61 million units in the fourth quarter of 2019, according to data from IDC. Xiaomi has
Mini Programs usage insights for Feb 2020; DAU exceeded 450 million
The Daily Active Users (DAU) of mini programs in China has already surpassed 450 million, according to Aladdin’s report released in March 2020, a 3rd
China tablet market overview 2109, led by Apple and Huawei
The total tablet shipment in China grew by 0.8% to 22.4 million units in 2019. Apple and Huawei are the top two tablet vendors in
Sogou Mobile Keyboard DAU grew by 9% YoY to 464 million in Q4 2019
The daily active users of Sogou Mobile Keyboard grew by 9% YoY to 464 million in the fourth quarter of 2019. It processed up to
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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
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[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