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JD.com revenues grew 33.1% in Q1 2018; key activities highlights
In Q1 2018, JD.com reported net revenues of RMB100.1 billion (US$16.0 billion), representing a 33.1% increase from the same period in 2017. Net product revenues increased by 31.0% while net service...
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WeChat launched rewarded video ads platform for mini-games
WeChat officially launched rewarded video ads platform for mini-program games. Advertisers can deliver rewarded video ads at specific mini-games scenes. Rewarded trigger lets brands get more exposures...
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BrandZ Top 75 Most Valuable Global Retail Brands 2018
Amazon, McDonald’s & Alibaba top BrandZ’s Top Most Valuable Global Retail Brands inaugural ranking in 2018. China’s JD.com and Suning also make the cut. The most valuable retail brands in the...
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Register and get involved at Mobile World Congress Shanghai 2018
GSMA has a very exciting programme lined up for Mobile World Congress Shanghai 2018. While showcasing the latest developments in mobile, this year’s event will offer attendees a wide range of...
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Tmall Global trends & insights 2018
Tmall Global platform covers 68 countries, 3,700 categories of products, and 16,400 brands. On Double 11 2017, Tmall Global accounted for about 70% of total cross-border retail e-commerce sales in...
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WeChat Mini-Programs status report 2018; 470M MAU in Q1
WeChat Mini-Programs have finally passed through a period of high publicity and are settling into one of the silent advances and steady development, according to data from QuestMobile. Despite both...
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Weibo monthly active users reached 411M, 93% from mobile in Q1 2018
With ad budget in China shifting toward mobile, social and video, Weibo saw its revenues benefiting from this secular trend. Its business with advertising and marketing revenue grew 79% year over year...
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Tencent platforms overview in Q1 2018; WeChat MAU exceeded 1 bn
Tencent announced total revenue of USD11.693 bn for Q1 2018, an increase of 48% from Q1 2017. Monthly active user accounts (“MAU”) of QQ was 805.5 million, a decrease of 6.4% YoY. Smart device MAU was...
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China’s cross-border e-commerce retail market forecast 2018-2021
China cross-border retail e-commerce sales are expected to exceed US$115 billion in 2018 with a growth rate of over 15% YoY and reach US$144 billion in by 2021 according to data from Analysis. The...
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China online retail sales exceeded US$403 bn Jan-Apr 2018, up 32.4% YoY
In April 2018, China’s total retail sales of consumer goods reached 2,854.2 billion yuan (US$446.71 billion), up by 9.4% year-on-year (nominal growth rate), according to National Bureau of Statistics...
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China shared accommodation market to reach US$7.83 bn by 2020
China’s shared accommodation market generated a total transaction of 14.5 billion yuan (US$2.27 bn) in 2017, up 70.6% from a year earlier, according to State Information Center of China. A total...
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China mobile short-video app market 2018; 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,...
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China’s cross-border e-commerce retailer Vipshop obtained over 56 mn active...
Vipshop, one of the top cross-border e-commerce retail platforms in China, had the net revenue of RMB19.9 billion (US$3.2 billion) in Q1 2018 according to its unaudited financial results, up 24.6%...
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China’s FMCG sales growth decelerates in Q1 2018
China’s growth of FMCG sales is weaker in Q1 2018 compared with previous quarters, while new retail accelerates the online and offline integration. Kantar Worldpanel reports that the fast-moving...
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China’s CPI grew 1.8% in Apr 2018
In April 2018, the Consumer Price Index (CPI) in China grew by 1.8% year-on-year, according to National Bureau of Statistics of China. Of which, the CPI went up by 1.8% in cities, 1.7% in rural areas,...
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WeChat Mini-Programs expected 500 million users in Q1 2018
With ticket grabbing WeChat Mini-Programs going viral, WeChat Mini-Program games see peak concurrent active users reaching 28 million per hour. Mini-games “Jump” (Tiaoyitiao) sold its advertising...
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Chinese tourists to Thailand to top 10 million in 2018
Tourism is a pillar of the Thai economy and contributes some 9% to its GDP. Thailand’s Ministry of Tourism and Sports expects around 38 million tourists to travel to Thailand this year, of which about...
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China third-party online / mobile payment market Q4 2017
The total transactions of China's 3rd-party online payment market grew by about 5% QoQ in Q4 2017 while mobile payment continued strong growth of 28% QoQ. Alipay, WeChat Pay, and UnionPay continue to...
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China online travel market overview for Q4 2017
In Q4 2017, China online travel market saw a 12.3% year-on-year growth in transactions to 219.99 billion yuan, according to data from Analysys. Ctrip and Qunar jointly dominated this market with a...
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China’s online shopping grew by 29.6% to US$953 billion in 2017
China’s online shopping GMV totaled 6.1 trillion yuan (US$953 billion) in 2017, rising 29.6% from a year earlier, showing a pick-up in growth, according to the latest report from iResearch. China’s...
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