Double Eleven is not only a shopping festival but also known as Singles Day in China. There are “30 million singles” in China. Is this really the case? In fact, there are 17.52 million more men of marriageable age than women according to the National Bureau of Statistics (NBS).
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Chinese cities issuing billions worth of e-coupons to stimulate consumption
Wuhan city government announced last Friday that it has officially launched “Wuhan Purchase 2020 consumption promotion campaign” with WeChat Pay and other platforms, which will issue 500 million yuan (US$70.73 million) of shopping vouchers.
Top 10 Cities in China Reshuffled! Who’s in Top 10?
Shanghai’s GDP exceeds RMB 3 trillion mark for the first time according to the economic data of 2017, stabilizing its No. 1 position of China cities. More importantly, it brings spillover effects to Yangtze River Delta and surrounding areas. Due to Bin Hai new town’s GDP contribution, Tianjin’s economic growth in 2017 was cut and […]
Guangdong province leads China’s online retail market with over 23% share
On October 13th, Guangdong Provincial Bureau of Statistics released consumer goods market data showing that in 2016, Guangdong’s final consumer spending contributed more than half of the province’s economic growth, and the online retail market ranked first in the country, with online retail sales of 1.14 trillion yuan (US$178.7 billion), accounting for 23.1% of online […]
China’s ultra high net worth individuals grown to 1.34 million in 2016
The number of ultra high net worth individuals (UHNWI) in China reached 1.34 million, an additional 130,000 compared to 2015 as of May 2016 according to Hurun Research.
Alipay’s Offline Expansion in 2015
Alipay is the largest third-payment online payment platform in China. And, Alipay is not satisfied to be only an online payment solution and made great attempts expanding offline in 2015.
Geographic Insights on China Online Shopping 2015
Top 10 provinces with the highest average online shopping spends on Taobao are Shanghai, Zhejiang, Jiangsu, Fujian, Guangdong, Xinjiang, Sichuan, Tianjin, Beijing and Liaoning according to Taobao based on data from October 2014 to September 2015. Provinces with the lowest average spends are Gansu, Qinghai and Tibet.
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’s Top 100 Best E-Commerce Cities
Alibaba Ali Institute and Chinese Academy of Information Technology jointly started “E-Commerce Development Index” research in 2010. This year, Ali Institute studies 294 cities and released “China’s Top 100 Best E-Commerce Cities 2013” report.
Jiathis: Over 1.4 Billion Social Sharing in 2013
2013 was gone in a flash. Social share still enjoyed a strong momentum in the past year. JiaThis, the biggest social share tool in China, released its data-based Report of China Social Share Tools in 2013. Overall social sharing times reached 1.4 billion in 2013.
1.05M Chinese Millionaires Want Good Health Most, 80% on Wechat
Hurun Research Institute last week released the GroupM Knowledge-Hurun Wealth Report 2013 that analyses China’s wealthy people broken down according to their regional distribution across China, as well as their investment, consumption preferences, and how they use the media.
Over Half of Total iOS Devices in Beijing, Shanghai, Guangdong, Zhejiang & Jiangsu
Shanghai-based Stenvall Skoeld & Company calculated the iOS penetration rate (Apple’s iPhone and iPad, not including iPod touch) in all Chinese provinces and municipalities; and, their estimate puts the total number of iPhones and iPads in China at end of 2011 at 21 million active devices, distributed as shown above. More than half of all iOS devices […]