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China Online Shopping Market Comes to a Turning Point

Online Shopping GMV in Q2 Data from iResearch showed that China online shopping enjoyed a relatively fast development. Its GMV attained 872.5 billion Yuan in Q2 2015, up 39.6% from a year earlier, and accounted for 12.3% of the total retail sales of social consumer goods. The GMV of mobile shopping was 443.5 billion Yuan in Q2 2015, up 133.5% compared with the same period of the previous year. Its...

A Sketch on Chinese Smart Device Users

Among the smart device users, males account for 70%. As for the age structure, most of them are aged from 25 to 35, so the post 80s are the core users. Smart device users are mostly in South China and East China. Specifically, they are concentrating in Guangdong, Beijing and Jiangsu. Smart device users are generally middle and high income earners whose monthly family income is averagely 52% higher...

WeChat Will Not Be an Important Online Shopping Channel in The Short Run

Weishang, e-commerce of Tencent’s WeChat, doesn’t go smoothly while having advantage in growth of potential users based on WeChat, a most popular instant messaging app in China. Those aged 31-40 accounted for 45.4% in overall Weishang users, higher than the percentage of shoppers aged 31-40 in online shoppers via app and PC. The average accumulated spending on purchasing products on Weshang was...

China’s Mobile Gaming Market to Overtake U.S. Market This Year

China’s mobile gaming revenue this year is expected to be around $5.5 billion, which is a 66% increased when compared to $3.3 billion last year, according to the Chinese Mobile Gaming Report, which has been released by Niko Partners. The curve shows that the Chnese market’s revenue is expected to overtake that of the USA, which has been dominant for some time. China’s revenue is expected to be...

Wanda, Suning Forge Alliance amid Chinese Companies’ Tie-up Frenzy

China’s property conglomerate Dalian Wanda on Sunday inked a “close cooperation” deal with Suning Commerce Group, which will allow the country’s largest electronics retailer to open stores in Wanda’s shopping centers nationwide. Forty Suning stores will be opened at Wanda Plaza, the developer’s flagship commercial property, in 2015. With plans for more in the future,...

MIIT-China July Mobile Phone User Base Grows to 1.295 Billion

There were 1.295 billion subscribers of mobile communication services in China as of July 2015, growing 0.13% sequentially and 2.47% on year, and 444.08 million (34.30%) of them were 3G users, 250.52 million (19.35%) 4G users and 937.43 million (72.41%) mobile Internet-access users, according to China’s Ministry of Industry and Information Technology (MIIT). The July number of subscribers represents...

Alibaba Signs Exclusive Deals With Global Brands For China Sales

Alibaba Signs Exclusive Deals With Global Brands For China Sales – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

China’s Wanda, Baidu And Tencent Launch Ffan E-Commerce Site

China’s property to leisure group Dalian Wanda Group has given a launch to the e-commerce site with which it intends to compete with market leader Alibaba. The Ffan.com site is a joint venture with two Internet giants Tencent and Baidu as junior partners. The operation appears designed to drive consumers to local goods and services and is an open platform that third party vendors can use in...

China’s E-commerce Bucked Slowdown to Soar in 2014

China’s E-commerce Bucked Slowdown to Soar in 2014 – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

China Web Users Prefer Smartphones Over PC, Tablets

China Web Users Prefer Smartphones Over PC, Tablets – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...