China’s e-commerce retail sales are expected to increase by 42.1% to US$672.01 billion, accounting for over 40% of the global e-commerce retail sales in 2015 estimated by eMarketer. The e-commerce market in 2018 is expected to reach US$1.57 trillion according to eMarketer. China has become the world’s largest e-commerce market.
China E-commerce Market to Reach US$3.8 Trillion in 2018
Chinese e-commerce market increased by 21.3% to 12.3 trillion yuan (US$1.93 trillion) in 2014, and would maintain steady and rapid growth in the next few years. The e-commerce market in 2018 is expected to reach 24.2 trillion yuan (US$3.80 trillion) according to Kantar Retail.
China Online Shopping Insights in 2014
In 2014, China’s online shopping users reached 55.7% of the total internet users. In the mean time, mobile online shopping market was booming in China, with an annual growth rate of 63.5%, 3.2 times higher than the overall online shopping market.
China Mobile Shopping Turnover Surpassed PC in Q2 2015
In Q2 2015, China’s online shopping market reached 872.54 billion yuan (US$136.77 billion), with a high level increase of 39.6%, which accounted for 12.3% of total retail value compared with 10% in 2014.
China Mobile Shopping in Counties Over $32.16B in 2014
According to AliResearch, in 2014, China counties mobile online shopping market exceeded 200 billion yuan (US$32.16 billion), with an increase of 250% YoY, far higher than the increase of online shopping value of the same period.
China’s Mobile Market Analysis in Q2 2015
The penetration ratio of iOS8 reached 76% in China in Q2 2015; and as of August 2015, only 19.4% subscribers still used the iOS7 system. The popularization of iPhone 6 and iPhone 6 Plus promoted the adoption of iOS8, and the free system upgrade feature improved iPhone user base in China. When issued in September 2015, iOS9 might […]
Tencent Invests $50 Million in Kik Messenger
Tencent invests US$50 million to Kik messenger, the Canadian instant messaging application for mobile devices that is available on iOS, Android, and Windows phone operating systems. Kik has earned the company one billion dollar valuation since the investment in August.
China Mobile Internet Users Reached 740 Million in Q1 2015
In Q1 2015, China mobile internet users reached 740 million with increase of 1.6% QoQ and 10.27% YoY, which showed stable growth in the mobile internet market according to data from EnfoDesk.
China Mobile Shopping Market Value Exceeds RMB36 Bln in Q1 2015
In Q1 2015, China mobile shopping market total transaction value exceeds RMB36.23 billion (US$5.9 billion) according to data of iResearch. Affected by the Chinese New Year, mobile shopping’s QoQ growth in Q1 2015 was relatively slowed. However, iResearch estimates that in Q2 2015, mobile shopping would still keep rapid growth.
China Mobile Payment Market Insights in 2014
In 2014, total transaction value of China mobile payment market exceeded RMB599.247 billion(US$97.628 billion) with an increase of 391.3% from last year according to data of iResearch.
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.
Over 60% Purchased on Mobile During Chinese New Year 2015
One week’s Chinese New Year 2015 holiday just ended on 24 February. During this period, over 60% purchased on mobile device. And, the most popular product category is mothercare according to Tmall. Major home appliance sales value grew by over 265% during this period; Tmall Superstore jumped 42 times. Shanghai, Hangzhou and Beijing were the […]
Alibaba Has over 86% Share of China Mobile Shopping Market in 2014
In 2014, total transaction value of China mobile shopping market was RMB929.71 billion (US$151.27 billion) with an increase of 239.3% according to Chinese research company iResearch, which is close to EnfoDesk’s estimate.
20 Charts on China Mobile / WeChat Shopping Market
China mobile shopping users exceeded 300 million with a total transaction of almost 10 trillion yuan in 2014, an increase of 270% according to Enfodesk.
Jingdong’s Paipai Launched Mobile Selling App
Paipai launched micro-shop mobile app last month to enable individual merchants to set up mobile online stores on smartphones directly and they could log in the stores with QQ numbers only.