Baidu Mall, a new e-commerce platform integrating Baidu’s online and offline resources, is launching soon.
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China Rural Online Shopper Insights in 2015
China online shopping market is becoming mature. The e-commerce providers now are exploring markets in rural areas in China. Alibaba, Jingdong and other e-commerce giants are making efforts in online shopping market. Tencent’s latest research shows China’s rural online shoppers have great potential.
Top 20 China Internet Companies in 2014
In 2014, the total value by revenue of China internet market was RMB637.73 billion (US$104.15 billion) with 74.4% in revenue via PC. Alibaba’s market value exceeded RMB253.41 billion (US$41.38 billion), ranking top among all China internet companies in 2014, followed by Tencent and Baidu according to data of iResearch.
China Mobile App Advertising Market in 2014
In 2014, the total transaction value of China mobile advertising market (mobile search, app ad and mobile video ad involved) was RMB29.69 billion (US$4.84 billion) according to data of iResearch.
QQ, WeChat and Qzone Stats in 2014
Tencent’s total revenues in 2014 were RMB78,932 million (USD12,899 million), an increase of 31% YoY. Profit for the year was RMB23,888 (USD3,904 million), an increase of 53% YoY. Net margin increased to 30% from 26% last year.
China Online Shopping Market Over 10% of Total Retail in 2014
In 2014, total transaction value of China online shopping market exceeded RMB2.8 trillion (US$453.61 billion) with an increase of 48.7% according to latest data of iResearch. China’s National Bureau of Statistics’ official data shows online shopping value accounted for 10.7% of total retail value in China.
Video: Jack Ma’s Speech at CeBIT 2015
The annual IT & Digital Business expo CeBIT 2015 takes place from March 16-20 in Hannover Messe. Jack Ma, Executive Chairman of the Alibaba Group, and German Chancellor Angela Merkel, open CeBIT 2015 on Sunday, March 15.
Mobile Contributing to Over Half of Weibo Ad Revenue in 2014
Weibo Q4 2014 net revenues increased 47% year over year to $105.2 million, 83.8% from advertising and marketing ($88 million) according to Weibo released financial results.
Apparel: Most Popular Category Among China Online Shoppers
Apparel is the most popular product category for China online shoppers according to McKinsey. And, the most frequent online purchases are packaged and fresh food.
Mobile Dating App Momo Revenue Increased Over 13 Times in 2014
Momo, a popular mobile social dating app in China now listed on NASDAQ, announced its unaudited financial results; and, its net revenues increased over 13 times year-on-year to $44.8 million in 2014.
Over 60% of China’s Rural Internet Users are Online Shoppers
Internet penetration rate in China’s rural areas is only 19% compared with 76% in tier-1 and tier-2cities, and 47% in tier-3 and tier-4 cities. However, over 60% of China’s rural digital consumers are e-commerce users who are just as active online as their urban counterparts according to a recent McKinsey research.
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 on, are very popular among internet users according to research of Nielsen.
China Top 10 B2B Websites in Q4 2014
In Q4 2014, top 3 B2B websites by influence index were Alibaba, JQW.com and HC360.com with influence index of 92.435, 68.543 and 42.432 respectively. And the average influence index of top 10 B2B websites was 39.694 in Q4 2014 in China.
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 generate individual credit scores for consumers and small business owners.
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.