Clik here to view.
China mobile short-video app market; Tik Tok vs. Kuaishou
Kuaishou started to lead the short video market by reaching over 200 million MAU in November 2017. Tik Top, part of Toutiao, saw astonishing growth in MAU from September 2017. In February 2018,...
View ArticleClik here to view.
7 Chinese companies made it to Forbes Blockchain 50 list in 2021
Forbes released the year 2021 version of Forbes Blockchain 50, from eligible companies with at least $1 billion in revenues or be valued at a minimum $1 billion. There have been 96 companies on the...
View ArticleClik here to view.
JD targets China middle-class households with membership platform Yihaodian
JD-owned e-commerce platform Yihaodian focuses on middle-class family customers who demand high-quality products with competitive prices. Yihaodian (YHD) provides only around 10,000 SKUs, far less...
View ArticleClik here to view.
China cloud computing market share; Alibaba’s global share grew 54% in Q4
Cloud infrastructure services spending increased 32% to US$39.9 billion in Q4 2020, following heightened customer investment with the major cloud service providers and the technology channel, according...
View ArticleClik here to view.
Chinese New Year consumption demand strong in 2021
Chinese New Year (CNY) is one of the most important festivals in China. With reduced travel back to hometowns, JD's data shows demand staying strong with growth driven in new sectors. The new...
View ArticleClik here to view.
JD Worldwide cross-border e-commerce trends in 2021
Consumer goods imports to China grew 8.2% in 2020, reaching RMB 1.57 trillion yuan (US $242.1 billion), according to China’s Ministry of Commerce (MOFCOM). JD.com's cross border import e-commerce...
View ArticleClik here to view.
China networks market forecast 2021-2024
Affected by COVID-19, the global networks market in 2020 (including Ethernet switches, routers, and WLAN) has declined year by year. China's network market growth is still positive due to effective...
View ArticleClik here to view.
China’s wealthy families exceeded 5 million in 2020; there are their desired...
The number of "wealthy families" with at least 6 million yuan (about US$930 thousand) assets in China exceeded 5 million for the first time in 2020, an increase of 1.4% over the previous year,...
View ArticleClik here to view.
Forecast of China’s digital automobile and transportation market 2021-2025
The digital automobile and transportation market is considered to be the entire ecosystem of companies, products, and services related to automobiles and transportation infrastructure based on the...
View ArticleClik here to view.
Top 10 predictions for China’s blockchain market 2021-2025
By 2025, blockchain-based electronic voting solutions will become the mainstream solution, and 5% of jurisdictions will conduct blockchain voting system testing in China, according to IDC. By 2024,...
View ArticleClik here to view.
Gen-Z Insights: capturing attention of China’s post-95s consumers
Attention is the first impetus for people to start thinking and take part in the action. It has become a scarce resource in the prosperity of the Internet. Today's young people's daily cross-screen...
View ArticleClik here to view.
China’s tech unicorns overview 2021
The total number of Unicorn enterprises from China is 207 as of December 2020, an increase of 20 or 10.7% over the end of 2019. Beijing and Shanghai account for over 60% of total technology unicorns...
View ArticleClik here to view.
China’s birth rate reached the lowest since 2000
The number of China’s births reached 14.65 million in 2019, a decrease of 580,000 compared with 2018, according to the latest data of the National Bureau of Statistics. The birth rate was 10.48 ‰, the...
View ArticleClik here to view.
China smart speaker market overview 2021
In 2020, the smart speaker market in China sold 36.76 million units, a year-on-year decrease of 8.6%; among them, smart speakers with screens accounted for 35.5% and sales increased by 31.0%,...
View ArticleClik here to view.
China electric vehicles (EVs) sales grew 8% to 1.3 million units in 2020
A record 1.3 million electric vehicles (EVs) were sold in China in 2020 with a year-on-year growth of 8%, comparing with 39% worldwide sales growth, according to research from Canalys. The Chinese...
View ArticleClik here to view.
China tourism market overview 2020/2021
China's domestic tourism market saw 52.1% fewer trips in 2020 China's domestic tourism revenues dropped by 61% in 2020 China to expect 42% more domestic trips in 2021 China tourism revenues to grow...
View ArticleClik here to view.
Chinese video platform Bilibili MAU up 55% to 202M in Q4 2020, to reach 400M...
Bilibili’s average monthly active users (MAUs) reached 202 million in Q4 2020, and mobile MAUs reached 186.5 million, representing increases of 55% and 61% respectively, from Q4 2019. Currently, 86% of...
View ArticleClik here to view.
NetEase revenues grew by over 24% in 2020
Netease reported 25.6% YoY growth in total net revenues in Q4 2020 and the education sector grew by 169.7%. Netease expanded user base and diversified portfolio with new games launched in the Chinese...
View ArticleClik here to view.
Li Auto NEV deliveries up 67% in Q4 2020
Li Auto Inc (Lixiang) reported 64.6% growth in total vehicle sales in Q4 2020. Deliveries of Li ONEs were 14,464 vehicles in the fourth quarter of 2020, representing a 67.0% quarter-over-quarter...
View ArticleClik here to view.
China discount etailer Vipshop’s active customers grew 37% in Q4 2020
The number of Vipshop’s active customers for the fourth quarter of 2020 increased by 37% year over year to 53 million from 38.6 million in Q4 2019. Total orders for the fourth quarter of 2020 increased...
View Article