According to EnfoDesk, China B2B market scale in Q3 2013 reached 4.24 billion yuan (USD 692 million), with a QoQ increase of 7.8% and a YoY increase of 23.3%.
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Forbes: Baidu CEO The Third Richest in China
Forbes published its China Rich List 2013 on October 16, Baidu CEO Robin Li ranked the third in China Rich List. Tencent’s CEO Pony Ma and Alibaba’s founder Jack Ma were all on the top 10 list. Forbes’ China Rich List collected 168 billionaires, much more than last year’s 113 billionaires. The total wealth of […]
China Online Advertising Platforms Market Update in Q3 2013
According to EnfoDesk, market scale of China advertising platforms in Q3 reached 28.77 billion yuan (USD 4.7 billion), 24.2% more than Q2 2013.
Half of Chinese B2B Websites Suffered a Net Profit Drop in H1 2013
According to a research by ebrun.com, one of the biggest Chinese E-Commerce social media, 47.8% respondents said their websites net profit dropped in the first half of 2013, and websites with decrease of paid members occupied 52.1%. 52.1% respondents said revenue increased compared to last year in the first half of 2013, 30.4% said revenue […]
Preparing For Double 11: The Battle Over Logistics Begins
Although Double 11 is one month ahead, big B2C platforms are busily preparing for logistics. Last year, the battle over Double 11 began with the competition for brands. This year, the prologue is logistics. Some enterprises revealed that Jingdong’s emails claiming that it would offer logistics compensation and traffic compensation. Experts said Jingdong aimed not […]
Weitao, Wechat and Weibo Marketing Value Comparison
Weitao Recently, Taobao has shut down QR code access from Wechat, officially waging war with Tencent on mobile traffic entrance. Taobao released its own CRM service Weitao, competing Wechat directly. For Taobao sellers, they have to keep up with Taobao’s changes and learn how to do marketing on Weitao. Before they begin investing and putting […]
1688.com Suppliers Integrated in Taobao Search
Alibaba has connected its B2B platform 1688.com with its C2C platform Taobao. Last September, Alibaba integrated 1688 accounts with Taobao ones. Now, Alibaba integrated 1688 suppliers and wholesalers information in Taobao search results. For example, if you search “steel” in Taobao, you can get 4 products displayed in the search results, with company name, location […]
Baidu’s Competition With AutoNavi Led to Free Navigation
Baidu announced on August 28, 2013 that Baidu Mobile Navigation would be free hereafter. Merely four hours later, AutoNavi, a leading map and navigation Chinese company, responded with free navigation service promptly. The war over mobile navigation market accelerated immediately. Free is a sharp weapon to break original market structure and win market dominance. Baidu […]
China E-Commerce Market Exceeded USD 713 Billion in H1 2013
By the end of June 30 2013, China e-commerce transaction reached 4.4 trillion yuan (USD 713.27 billion), which grew 24.3% compared to last year. B2B transaction totalled 3.4 trillion yuan(USD 551.17 billion), with a 15.3% YoY increase. B2B revenue in the first half of 2013 reached 9.38 billion yuan(USD 1.52 billion), with a 25.9% YoY […]
China Mobile Marketing Insights
The Coming of Smartphone Age According to an article published in the Fiscal Times, China’s Smartphone Boom Has Huge Global Impact, the number of Chinese smartphone usage was 330 million, surpassed the total mobile usage number in the U.S.. Experian expected the number would increase to 500 million by the end of 2013. Mobile services […]
Top 10 China B2B Platform in Q2 2013
According to 52b2b.cn research, the top 10 B2B platforms ranked by brand influence in Q2 2013 were: Alibaba B2B, HC, Global Sources, DHgate, Focus Technology (Made in China), 315.com, Shengyibaoku, Shanghai steel Union (My steel net), the global market, B2B.com and IBI.
Top China Social Sharing Websites in July 2013
For quite a long time, Sina Weibo and Qzone took the first and second place in terms of China social media sharing ranking, and in July, Sina Weibo beat Qzone to be the top one.
Alipay to Launch Offline Payment
Alipay is going to launch offline payment partnering with Ubox to be its first partner next month. Consumers could use offline in bad internet connection areas. Ubox is a Chinese top vending machine company, which developed its own app for mobile payments at vending machines. Now it will be the first company to support Alipay’s […]
China Top 100 Internet Enterprise in 2013
The revenue of Top 100 Internet enterprises in China was over 200 billion yuan (USD 32.44 billion). The top three giants were Tencent, Alibaba and Baidu, their revenue together surpassed 100 billion yuan(USD 16.22 billion). Internet industry has been highly concentrated and has achieved economies of scale. The top 100 enterprises covered comprehensive industries. 90% […]
Sina Weibo Advertising Revenue Hit 30M USD in Q2 2013
Sina released its Q2 finance report on Aug 12, its advertising revenue hit 30 million USD with a 209% YoY increase, 80% of Sina Weibo total revenue of 37.7 million USD. Sina advertising revenue had a YoY growth of 17%, up to USD 120.6 million. Sina had a net loss attributed to an one-off charge […]