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Social e-commerce in China has much higher conversion rates than traditional...
Traditional e-commerce builds platform awareness through brands’ own traffic, committing huge advertisements and infrastructure construction, ultimately establishing user trust. Social e-commerce...
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Sneaker trading exchange? how some were sold x10 price in China
Recently, "Investing in sneakers" has become a trend, it is said that selling sneakers can bring money more easily and quickly than selling houses. And, "a post-95 young man bought a house in Hangzhou...
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China’s consumption trends from National Day Golden Week 2019
During the National Day Golden Week (October 1-7) this year, online consumption is showing trends towards refinement, efficiency, and intelligence. Traveling is still the main way people spend their...
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KFC & Ting Hsin’s attempts in membership e-commerce in China
At the KFC V Mall, an order was placed with excitement. The price was pretty good! It’s 10 yuan lower with a 20 yuan coupon and 999 credit points than Taobao’s Juhuasuan. What’ so special about KFC V...
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Tmall Hey Box: Alibaba’s best seller incubator for top brands
Launched in 2017, Hey Box of Alibaba’s Tmall is designed specifically to provide new product release marketing solutions to brands. 50 million new products were released on the Tmall platform in 2018....
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Alibaba Double 11 festival 2019 expecting 500 million buyers
Alibaba kicked off its 2019 Double Eleven Global Shopping Festival 2019 last week, with a focus on “new consumption,” “new business” and actively contributing to a greener society. “Our goal is to...
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How Xiaohongshu (Red) pivoted toward its fast growth
Following the increasing cost of acquiring new users, platforms strive to keep them engaged and increase repeat usage. Taking the popular social platform Xiaohongshu as an example, it took 1,644 days...
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Fake fans and manipulations on China social media
Hive Media, the largest MCN on Weibo, is accused of falsifying data. Parties involved in the whole incident – the advertisers, Hive and Weibo site – all received negative comments on social media in...
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How Taobao uses search and content to cultivate social e-commerce
Taobao launched its own Hot Search List function in September. It's currently only available to 50% of the users, the Hot Search List appears when users click the search bar on the main page. Hot...
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Apartment rental platform Danke filed IPO for NYSE
Danke Apartment, an apartment rental platform in China, filed its IPO with SEC in the U.S. to apply to list the ADSs on the New York Stock Exchange under the symbol “DNK.” Danke has 407 thousand...
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Best performing cities in China in 2019
Milken Institute’s Best-Performing Cities in China series has been tracking the economic performance of Chinese cities since 2015. In 2019, the top 10 in the big cities group are Chengdu, Shenzhen,...
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Alibaba business highlights in Q3 2019
Alibaba’s Income from operations was RMB20,364 million (US$2,849 million), an increase of 51% year-over-year. Adjusted EBITDA, a non-GAAP measurement, increased 39% year-over-year to RMB37,101 million...
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Alibaba e-commerce platform highlights in Q3 2019
In September 2019, Alibaba’s China retail marketplaces had 785 million mobile MAUs, representing a quarterly net increase of 30 million. Annual active consumers on Alibaba’s China retail marketplaces...
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China telecom market in Q3 2019; internet TV users exceeded 292 million
In the first three quarters of 2019, the total number of mobile phone users of the three telecommunications companies in China, including China Mobile, China Unicom, and China Telecom, reached 1.598...
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Characteristics of China outbound travelers in 4 segments
Four segments of China's outbound travelers are worth noting: high-income group, the backpackers, generation Z, and female outbound travelers. High-income Group: Experience Focused This segment of...
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China second largest search engine Sogou revenues up 14% in Q3 2019
China’s second-largest search engine Sogou announced total revenues of $314.9 million in the third quarter, a 14% increase year-over-year, or a 17% increase in RMB terms. Search and search-related...
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Short video app Kuaishou expanding beyond entertainment
On October 17th, Kuaishou (Kwai) Big Data Research Institute released the “2019 Kuaishou Education Ecosystem Report”, which systematically reviewed Kuaishou’s education ecosystem for the first time....
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Are you a foreigner visiting China? You can now use Alipay
Alipay has just introduced a version of its popular app designed specifically for international travelers to enjoy the ease of paying with their smartphones while visiting mainland China. And, no...
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China online travel booking users reached 146 million in Jun 2019
The total number of online travel agency (OTA) users in China reached 145.6 million in June 2019, according to data from Fastdata. Tier-2 cities in total saw the most number of OTA users (56.68...
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Baidu in Q3 2019: search, AI, voice assistant, roboTaxi
Baidu App traffic continues to grow with DAUs reaching 189 million, up 25% year over year, in September 2019, according to Baidu’s announced financial results. Baidu’s in-app search continues to gain...
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