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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];...

P2P Industry Expands Quickly in China

Peer-to-peer lending and investing, commonly known as P2P, has been booming in China since 2012. According to statistics from China Industry Research Net, the P2P sector saw more than 100 percent growth in 2014. And with the release of China’s new Internet finance guidelines, many say P2P is headed for further expansion in ways that could change people’s lives. Jiang Zeyang began...

JD.com Launches “U.S. Mall” to Offer Authentic American Products in China

JD.com Launches “U.S. Mall” to Offer Authentic American Products in China – 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 Mobile Phone Users 94.5 Pct of Population

The number of Chinese mobile phone users accounted for 94.5 percent of its total population by the end of June, latest data showed. In the first half, China saw 6.88 million new mobile phone users, bringing the country’s total mobile phone users to 1.29 billion, the Ministry of Industry and Information Technology (MIIT) said in a statement. The ratio of mobile phone users to population...