China’s e-commerce market is already the world’s largest, and its growth, while slower than in years past, is still more rapid than that of any other large economy in the world. The following is an overview of several e-commerce sectors in Q3 2017. SME-oriented B2B Platforms B2B platforms serving small-to-medium enterprises saw slower revenue growth […]
China Antarctic tourism increased by 30.5% in 2017
Numerous news reports have highlighted huge upticks in global tourism to the Arctic and Antarctic, and China is no exception to this trend. This year, data from various tourism companies shows that the number of offerings in these fields has increased as has the number of tourists, the majority of whom are wealthier middle-aged and […]
Shanghai’s departmental stores rolled in big money on double 11
The humongous online sale on Double 11 has yet to eliminate offline retail sales, as physical stores show signs of recovery. According to Laodong daily, the departmental stores in Shanghai has seen sales numbers doubled on 11.11. The sales revenue from Printemps at Wu Jiao Chang has exceeded 1 billion Yuan (US$151 million) for the […]
3 Tourism trends in China in 2018
In November 2017, the World Tourism Economic Trends report was released at the World Travel Fair in London. The report anticipates that in 2018 the global tourism sector will experience rapid growth, and it is likely that China, which already topped the rankings for the number of tourists and overall tourism spending in 2017, will […]
Black Friday continues to be a revenue driver for cross-border e-commerce platforms in 2017
With “Black Friday” falling just two weeks after this year’s 11.11 promotions, it was probably inevitable that consumer fatigue and diminished enthusiasm (not to mention diminished wallets) would sap the strength of the latter. Though cross-border e-commerce platforms introduced various discounts and promotions in the week leading up to Black Friday, most of them failed […]
China short-video platform users overview Q3 2017; MAU reached 244M
The monthly active users of short-video platforms in China continued to grow in Q3 2017 and exceeded 244 million in September 2017. The number of daily active users is about to reach 86 million. MAUs of short-video platforms for content recommendations exceeded 72 million in September 2017. The number of daily app launch times of […]
Meet Shanghai’s new consumers 2017
23-28-year-olds with independent incomes in Shanghai are increasing in both number and purchasing power, gradually realizing their potential as China’s first consumption-oriented generation according to a joint report by CBNData and BoC Shanghai Branch published in October 2017. At the same time, they make up the largest internet user demographic and have very developed mobile […]
China outbound tourism 2017 in review
Figures published by the Chinese Aviation Administration (CAA) have made it clear that the rate of growth in international departures from Chinese airports has dropped off precipitously in 2017. On the upside, the broader economic downturn has reduced the intensity of competition in the industry and prompted travel companies to optimize their internal operations, meaning […]
The spending power of 250 million Chinese post-95s
No sooner did retailers decipher the buying habits of the generations born after 1980 and 1990 then the generation born after 1995 came into its own as a consumer group. Since they grew up alongside the internet, they’re sometimes called “internet natives”, and the way they consume has been changed by the circumstances they grew […]
Amazon China betting on cross-borders e-commerce sales
Before every Double 11 and Black Friday sales, Amazon China always has some big plans up their sleeves without fail. According to Analysys International report, China’s import online retail market reached 93.82 billion yuan (US$14.16 billion) in the first quarter of 2017, reflecting a 17.6% increase as compared to previous years. On 16 October, Amazon […]
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 online education market overview Q3 2017, up 50.9%
China’s online education market totaled 71.42 billion yuan in Q3 2017 with an increase of 50.9% YoY or 27.3% QoQ according to data from Analysis. The top 3 categories of online education market in China by total MAU are secondary/primary school education (95.4 million), children education (55.3 million), and foreign language learning (34.4M). The top […]
Uniqlo’s Secret Recipe to Success on Alibaba Double 11
Uniqlo has been a sales leader on Tmall during Singles’ Day (Nov. 11th, or Double 11, major Chinese e-commerce event comparable to Cyber Monday in the US). This year’s 11.11 marks the 9th one held by Taobao and Tmall, and the 8th in which Uniqlo has participated; this year Uniqlo launched its 11.11 promotions in-store […]
China online retail market overview for Q3 2017; led by Tmall and JD with 86% combined share
China online retail market totaled 1.8 trillion yuan (US$271 billion) in Q3 2017 with a growth rate of 38.7% YoY according to data from Analysis. The online B2C market reached 985.44 billion yuan (US$148.56 bn) with an increase of 39.1% YoY. The total transactions on Tmall grew by 47% YoY in Q3 2017 or 7.4% QoQ, […]
China smartphone market in Q3 2017; 4 out of 10 using Huawei or iPhone
iPhone and Huawei smartphones showed retention rates of 18.5% and 18.1% in China respectively as of September 2017 according to data from Jiguang. OPPO, Vivo, Xiaomi, and Samsung followed iPhone and Huawei in Q3 2017 in terms of smartphone retentions. iPhone users are mainly concentrated in tier-1 Chinese cities. Top 5 smartphone brands by sales […]