About 2 million Chinese visited France last year, and the number was expected to reach 5 million in recent years. Chinese tourists increased by 50% on a year-on-year base in Q1 2015.
q1 2015
China Online Vacation Market in Q1 2015
In Q1 2015, the total transaction value of China online vacation travel market reached RMB11.06 billion (USD$1.80 billion), an increase of 59.8% year-on-year, and 21.7% QoQ according to the data of Analysys EnfoDesk.
China Online Shopping Accounted for over 10% of Total Retail in Q1 2015
In Q1 2015, China online shopping transaction value exceeded RMB757.41 billion (USD$123.51 million) with an increase of 45.2% from the same period of last year. According to the data of National Bureau of Statistics in Q1 2015, online shopping transaction value accounted for 10.7% of total retail consumer goods.
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$5.9 billion) according to data of iResearch. Affected by the Chinese New Year, mobile shopping’s QoQ growth in Q1 2015 was relatively slowed. However, iResearch estimates that in Q2 2015, mobile shopping would still keep rapid growth.
China Online Gaming & Mobile Gaming Market in Q1 2015
China online gaming market exceeded 30 billion yuan for the first time and reached 32.08 billion yuan (US$ ) in Q1 2015, an increase of 8% QoQ with 24.7% growth YoY according to iResearch.
Baidu: the 14th Largest Media Owner in the World
According to ZenithOptimedia’s new report Top Thirty Global Media Owners 2015, Baidu is now the fourteenth-largest media owner in the world growing 43% YoY. In the Top 30 list, Google ranked on top, followed by Walt Disney and Comcast.
Ctrip Acquired eLong for US$400 Mln
Ctrip announced its investment in eLong last Friday through acquiring eLong shares from certain selling shareholders, including Expedia together with several other investors. Ctrip acquired a 37.6% equity stake in eLong for a total purchase price of approximately $400 million.
Momo Monthly Active Users Exceeded 78 Mln in Q1 2015
The number of monthly active users (“MAU”) on Momo was 78.1 million in March 2015, an increase of 83% YoY according to its press release.
China Online Travel Market Exceeded US$15 Bln in Q1 2015
The total transactions of China online travel market reached 94.76 billion yuan (USD 15.28 billion) in Q1 2015, an increase of 51.3% YoY or 9.4% QoQ.
Weibo MAUs 198 Mln in Q1 2015, Up 38% YoY
Weibo monthly active users were 198 million in March 2015, up 38% YoY according to Weibo’s financial results for Q1 2015.
China B2B E-commerce Market in Q1 2015
China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.
Mobile: Almost 1/3 of Online Video Ad Revenue in China in Q1 2015
China online video market reached RMB 6.81 billion (US$1.1 billion) in Q1 2015, a decrease of 7.5% QoQ and an increase of 74.7% YoY. In 2014, total transaction value of China online video market was RMB23.97 billion(US$3.88 billion) with an increase of 76.4% from the same period of last year. Advertising is still the main […]
Chinese Spending Accounted for 40% of Total Foreigners’ in Japan in Q1 2015
The total spending of foreigners visiting Japan in Q1 2015 reached 706.6 billion yen, an increase of 64.4% YoY according to Japan’s “Chinese Herald”. Chinese travelers’ total spending accounted almost 40% of total.