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Baidu to integrate mRNA design optimization platform into Sanofi
Baidu and Sanofi, a leading biopharmaceutical company focused on human health, have entered into an agreement to integrate Baidu’s messenger ribonucleic acid (mRNA) design optimization platform,...
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Xiaomi highlights in Q3 2021; total retail stores China surpassed 10,000
In the third quarter of 2021, Xiaomi’s total revenue amounted to RMB78.1 billion, representing an increase of 8.2% year-over-year, adjusted net profit for the period was RMB5.2 billion, an increase of...
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Alibaba recorded 863 million annual buyers in China retail marketplaces in Q3...
The global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion in Q3 2021, with a quarterly net increase of 62 million consumers, and it’s on track to achieve its...
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JD retail business highlights for Q3 2021
Annual active customer accounts of Jingdong (JD) increased by 25.0% to 552.2 million in the twelve months ended September 30, 2021 from 441.6 million in the twelve months ended September 30, 2020....
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Pinduoduo’s active buyers totaled 867 million in Q3 2021
China’s leading social e-commerce platform Pinduoduo’s active buyers in the 12-month period ended September 30, 2021 was 867.3 million, an increase of 19% from 731.3 million in the twelve-month period...
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Meituan revenues up 28% in Q3 2021, exceeding 668 million paying users
In Q3 2021, GTV of Meituan’s food delivery business increased by 29.5% year-over-year to RMB197.1 billion. The daily average number of food delivery transactions increased by 24.9% year-over-year to...
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Chengdu Becomes the Largest Imported-Wine Market in China
JD Supermarket has released an imported wine consumption trends report this week with insights from Double 11 Shopping Festival, reflecting Chinese consumers’ enthusiasm towards imported wine. The...
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The number of 5G connections in China to reach 865M by 2025, 40% of global total
By the end of the third quarter of 2021, the global 5G network has grown to 176, and the number of 5g connections has reached about 550 million, according to GSMA. The number of 5G connections in...
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Chinese video platform Bilibili MAU up 35% to 267M in Q3 2021
Bilibili’s average monthly active users (MAUs) reached 267.2 million in Q3 2021, and mobile MAUs reached 249.9 million, representing increases of 35% and 36% YoY, respectively. Currently, 86% of...
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China IoT market to account for 45% of global spend by 2025
IDC predicts that by 2025, China’s Internet of Things (IoT) market spending is expected to reach approximately US$300 billion, with an annual compound growth rate of 13.0% in the next five years. In...
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China tablet shipment up 11% in Q3 2021
In the third quarter of 2021, the shipment volume of China's tablet computer market was about 7.65 million units, with a year-on-year increase of 10.6%, reaching a new high of single quarter shipment...
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China public cloud market 2021; IaaS+PaaS grew by 49%
In the first half of 2021, the overall market of China's public cloud services (IaaS/PaaS/SaaS) reached US$12.31 billion, of which the IaaS market increased by 47.5% and the PaaS market increased by...
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China cloud computing market in Q3 2021; top 4 have 80% market share
In Q3 2021, mainland China’s cloud infrastructure services spending increased by 43% year on year to US$7.2 billion, according to data from Canalys. Operational workload transfer and cloud-native...
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Trending shopping attitudes of Chinese consumers
With the continuous improvement of income and consumption level, Chinese consumers are realizing their consumption influence on the brand and society. More and more Chinese consumers choose ethical,...
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China wearable device shipment up 5% in Q3 2021
In the third quarter of 2021, China’s wearable device shipment totaled 35.28 million units, a year-on-year increase of 5%, according to data from IDC. The market shipment of earwear equipment was 19.9...
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Top 10 forecasts of China’s smart home market 2022
In 2021, China's smart home market starts upgrading and adjusting in the pressure and transformation on both sides of supply and demand, and gradually optimize the problems exposed after the market...
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Baidu launched its metaverse app XiRang
Baidu opened Baidu Create 2021 on 27 December, the first day of a three-day annual flagship developers’ conference on its metaverse app XiRang. The event was also China’s first-ever metaverse...
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WeChat users & platform insights 2022
330 million of WeChat’s (known as Weixin in China) 1.262 billion monthly active users use video calling. 780 million users are on the social networking section WeChat Moments and 120 million publish...
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Top 10 Smart City Forecast in China 2022-2025
In 2022, China's smart city will focus on cloud innovation, data governance, data connectivity, and new infrastructure development, and promote urban digital transformation through coordinated...
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China online advertising market forecast 2022-2023e
In 2022, 42.9% of advertisers in China expect to increase spending in digital marketing, 25 percentage points more than advertisers expect to reduce spending, according to CTR. Advertisers of large...
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