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WeChat Li Cai Tong Fund Reached 100 Bln in the First Year
According to WeChat, the number of Li Cai Tong users exceeded 10 million and the fund was over RMB100 billion one year after its launch. Li Cai Tong generated RMB3 billion profit for its users; one...
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China Online Automobile Buyers Insights 2014
Since 2000, China automobile market has been developing rapidly. As of 2013, average sales volume of automobile increased by 19.8% annually in China. However, the growth slowed in recent two years....
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Retail Private Label Value Share Lowest in China
Private-label share is 5% or less in markets such as China, India and Brazil according to a Nielsen survey and there does appear to be a ceiling for growth while in the most developed European...
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China Economy Statistics for 2014
According to National Bureau of Statistics of China, GDP of China was 63,646.3 billion yuan (USD 10,239.9 billion) in 2014, an increase of 7.4% at comparable prices. The year-on-year GDP growth of the...
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Lower Smartphone Shipment Growth Rate in 2015 in China
Credit Suisse estimates that the smartphone shipment volume in 2015 will be 498 million in China, however, the growth rate compared with 2014, will slow down. In 2013, the smartphone shipments in...
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WeChat Testing Ads in Moments News Feed
Some WeChat users started seeing ads on their Moments news stream today, similar to Facebook’s ads in mobile news feed. WeChats in Moments news feed is tagged with grey color text “Promotion” Tencent...
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Understanding New Generation of Chinese Moms
There are 20 million new babies in China every year. The total value of parenting market in China exceeds RMB500 billion involving over 10 industries. With the increase of family income and stronger...
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Six of Top 10 Smartphone Brands Worldwide in 2014 from China
Global smartphone shipments totaled 1.167 billion units in 2014, a YoY increase of 25.9%, with combined shipments of Chinese brands reaching 453.4 million units, 39% of the global shipments and...
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China Consumer Prices Up 2% in 2014
In December 2014, China’s consumer price index (CPI) went up by 1.5% year-on-year. The prices grew by 1.6% in cities and 1.3% in rural areas according to National Bureau of Statistics of China. The...
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Half of China Internet Users to Use Tablet in 2015
China will be the top country by total number of tablet users in 2015, with more than 328 million residents using tablets at least once per month, which is almost one-third of the world’s total...
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China Mobile Internet Usage in 2014
The growth of 4G users in China outpaced 3G users in 2014 with 97.284 million new subscribers comparing to 83.644 million 3G new subscribers according to Ministry of Industry and Information...
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China Total Retail Sales of Consumer Goods Exceed $4 Trillion in 2014
In December 2014, the total retail sales of China consumer goods reached 2,580.1 billion yuan ($414 billion), up by 11.9% year-on-year according to National Bureau of Statistics of China. China’s...
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Alibaba’s New App Offers 6 Million Free Hotspots in China
Alibaba announced the launch of Ali’s new communication app, “Tao WiFi”. Users logging in with Taobao can access access over 6 million WiFi hotspots nationwide including the three telco networks’. Tao...
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20 Charts on China Mobile / WeChat Shopping Market
China mobile shopping users exceeded 300 million with a total transaction of almost 10 trillion yuan in 2014, an increase of 270% according to Enfodesk. The major China mobile shopping forces are...
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Huawei Targets 100 Million Units Smartphone Shipment in 2015
Huawei consumer business group revenue totalled 12.2 billion, an increase of 30% YoY according to Huawei. 52% of the sales were from overseas. Total shipment of Huawei smartphone was over 75 million...
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China Online Mother & Baby Product Market Close to RMB 300 Bln in 2018
China mother and baby products market reached 1.43 trillion yuan ($230 billion) and expected to exceed 2 trillion yuan ($320 billion) in 2015, 6.8% of total consumer retail market in China. China...
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BrandZ™ Top 100 Most Valuable Chinese Brands 2015: 3 of Top 5 are Internet...
Tencent becomes the most valuable Chinese brand for the first time in the fifth annual BrandZ™ Top 100 Most Valuable Chinese Brands, followed by Alibaba and China Mobile. The top 5 brands were all...
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Alipay Launched China’s First Credit Agency
Alipay’s Ant Financial Services Group has established China’s first credit agency, called Sesame Credit, to use a system based on online and offline data to generate individual credit scores for...
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Tencent to Be NBA’s Exclusive Official Digital Partner
Tencent and NBA today announced a five-year international digital partnership that will be effective on July 1, 2015 according to Tencent’s press release. As the Exclusive Official Digital Partner of...
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Gift-giving by Chinese Luxury Consumers Down 30% Over 2 Years
Spending on gift-giving by Chinese luxury consumers was down a further 5% in 2014, totalling 30% over two years according to Hurun Research Institute. Consumer electronics was the gift of choice in...
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