Tuniu reported net revenues of 127.5% YoY to 3.0 billion yuan (US$469.4 million) and gross bookings of 122.2% YoY to 4.0 billion yuan (US$621.7 million) in the third quarter of 2015. By providing high-quality products and services to customers, Tuniu expects to generate 1,811.0 million yuan to 1,857.4 million yuan of net revenues which represent […]
China Email Users Overview 2015
China’s mobile internet users reached 901 million as of September of 2015 according to China’s Ministry of Industry and Information Technology. The mobile e-mail users in China have reached 250 million based on the latest report of WPS.
China’s Mobile Gaming Market Totaled $22.93B in Q3 2015
China mobile gaming market reached 14.663 billion yuan (US$2.29 billion), an increase of 13.7% QoQ and 101.8% YoY.
China Metropolis Women in 30s the Key to Cross-border Shopping
Female consumers aged between 30 and 39 years old in metropolis cities such as Beijing and Shanghai are the driving force of China’s cross-border online shopping market this year according to a survey conducted by the Voice of China.
China’s Mobile Internet Insights Q1-Q3 2015
China’s mobile internet maintained a solid development in the third quarter this year, and the basic pattern of China’s mobile internet remained unchanged compared to the first half-year of 2015 according to TrustData.
China Retail V.S. Online Shopping 2015
Total retail sales of China consumer goods were 26.24 trillion yuan (US$4.11 trillion) in 2014, an increase of 12% compared to the previous year. The growth rate of the Chinese retail market has dropped for five consecutive years. More than two-tenths of responding retailers have reduced opening new stores and the average number of employees […]
Most China Food Delivery Users Pay Online in 2015
Mobile payment has penetrated into every part of daily life in China such as online shopping, taking a taxi, supermarkets and food delivery in particular. About 70% Chinese internet users have ordered foods in a month and about 70% would pay on mobile according to DCCI. Alipay, WeChat Payment and Baidu Wallet have become the […]
Outbound Tourism Trend for Chinese New Year 2016
The number of Chinese outbound tourists reached 107 million person trips in 2014. More and more travelers tend to travel abroad during the holidays. The total number of China’s tourists is estimated to exceed 4.1 billion person trips in 2015.
55% China Online Shopper Are Male
Women are born to love shopping. However, more male shoppers shop online than the female in China according to research data from Nielsen.
China’s Mobile Apps Market Insights in Q2 2015
China’s mobile internet users reached 657 million and smartphone users 601 million in Q2 2015 according to iiMedia. Smartphone penetration in China is expected to reach 38.6% by the end of 2015 and mobile apps is becoming an important part of Chinese life.
China to Become Largest E-commerce Market in 2015
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.
1/4 China Smartphone Users Install Foreign Apps
Mobile apps have covered all aspects of our life, including social communication, life services, information and entertainment and other. By 2015 Q3, 3.1 million smartphones have installed foreign applications according to TalkingData, accounting for about one-quarter of the overall mobile internet users.
China Tier-3 & Tier-4 Cities: 58% of Total Smartphone Market
China’s third-tier and fourth-tier cities account for 58% of the country’s smartphone market. China’s first-tier cities only account for 13% and second-tier cities 28%, which is out of expectation.
WeChat Payment to Charge Service Fee
WeChat Payment has recently updated its fund transfer policy. Fund transfers or face-to-face payment using WeChat Payment is still free if the total monthly transfer is no more than 20,000 yuan (US$3,143.1). The excess part would take 0.1% transaction fee. However, WeChat red envelope is still free of charges.
China’s Mobile Search Market Insights in Q3 2015
The number of China mobile search engine users reached 590 million in Q3 2015 and the ratio of lower educated users have increased.