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Internet economy overview 2019: China vs. the U.S.
China's road to digital transformation is quite different from other markets as the consumer internet is driving the development of industrial internet, according to a report co-released by the Boston...
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E-commerce companies investment in retail: China vs. the U.S.
Tmall Innovation Center is able to design and incubate products more precisely and efficiently based on data from 600 million consumers. It has successfully incubated over 300 new products covering...
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China wearable devices shipment up 28.5% in 2018, led by Xiaomi, Huawei, Apple
Shipments of wearable devices totaled 73.21 million units in 2018, up from 28.5% a year ago, which is expected to reach 120 million units by 2023. Combined shares of the top 5 vendors led by Xiaomi,...
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China’s mobile internet overview 2019
The internet and mobile internet have a user base of 829 million and 817 million, respectively, as of December 2018, according to the 43rd statistical report from the China Internet Network...
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China 5G, IoT, VR device shipment forecast 2019-2023
In 2022, China will see 100 million units 5G smartphone and 9.98 billion units IoT devices. China's internet giants have been acting actively to industrial internet and paid more attention to B2B...
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China saw 1.1 billion active mobile devices in 2018
The monthly active devices of mobile internet totaled 1,131 million in December 2018, a net increase of 46 million compared with 64 million in the prior year period. The growth has declined from 17.1%...
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China per capita income, consumer expenditure, CPI in Q1 2019
Per capita disposable income of urban households was 2.53 times that of rural households The nationwide per capita disposable income of residents was 8,493 yuan (US$1,265.48) in Q1 2019, a nominal...
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China GDP unexpectedly rose 6.4% to exceed US$3T in Q1 2019
The gross domestic product (GDP) of China amounted to 21,343.3 billion yuan (around US$3,180.22bn) for the first three months of 2019 (Q1 2019), up 6.4% from a year ago, according to the preliminary...
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China retail market overview for Q1 2019; online grew by 15%, 23% of total
Total retail sales of consumer goods in China increased to US$1,457 billion in Q1 2019 and roughly 85.3% came from urban areas. Online retail sales of goods and services totaled US$333.45bn,...
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Top 30 WeChat Mini-Programs in March 2019
The number of WeChat online shopping mini-programs surpassed mini-games in the top 100 rankings for the first time. 71% of the top 100 came from companies based in tier-1 cities. Kuaishou has...
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How one utilizes Alipay mini-programs to acquire new users
Alipay recently introduced a new feature Sports on its mini-programs platform and opened beta testing to some developers. It has helped promote brand exposure and user acquisitions. Previously, Alipay...
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China online shoppers trends 2019
The higher educated Chinese are the least likely to be attracted by incentivized sharing. Nearly 90% of users with middle school or lower education spent less than 40% of the monthly expenditure...
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Low education, young, and senior internet users in China
Among 827 million residents who only received middle school education or lower, excluding those who are still in school and preschoolers, 378 million or 45.7% are online. Furthermore, 40 million or...
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Top Chinese mobile apps by UVs in March 2019
The top 10 Chinese mobile apps by UVs are WeChat, QQ, Taobao, iQiyi, Sogou Input, Alipay, Weibo, QQLive, Baidu Search, and Amap according to data from iResearch for March 2019. Check out the chart...
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Alibaba performance in Q1 and fiscal year 2019
Alibaba reported fiscal year revenue growth of 51% as well as robust user growth and engagement. Excluding the effects of consolidating acquired businesses, revenue would have increased by 39%...
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Outbound Chinese tourists mobile payment usage 2019; average spend US$6,706
On average an outbound Chinese tourist plans to spend US$6,706 traveling overseas in 2019, up 15% from 2018. Product quality became the second most important factor to consider when shopping abroad....
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Ad revenues & market shares of China’s top 16 internet companies
Total advertising revenues of 16 leading internet companies in China surged by 39% to US$57.28 billion in 2018. The BAT together accounted for over 70% of the total. Qutoutiao, ByteDance, Bilibili,...
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Tencent performance in Q1 2019; WeChat MAU exceeds 1.1 billion
Tencent’s total revenues in Q1 2019 were RMB85,465 million (USD12,693 million), an increase of 16% over the first quarter of 2018 according to Tencent’s announced financial results. Its revenues from...
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Baidu performance insights for Q1 2019; search reached 1.1 bn devices
In March, Baidu’s mobile reach expanded to 1.1 billion monthly active devices while DuerOS voice assistant installed base reached 275 million devices and generated 2.37 billion monthly voice queries....
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GSMA Outlines New Developments For MWC Shanghai 2019
New Speakers Announced from Alibaba, ATM, China Mobile, General Electric Power, JPMorgan Chase, Lenovo, Qualcomm, Shenzhen Valley Ventures; GSMA Outlines AI Accelerate Programme; Innovation City To...
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