Top 50 of China’s Global Brands 2024 – China Internet Watch
Jul 2, 2024 · The latest report from Kantar BrandZ, '2024 China's Top 50 Global Brands,' highlights the dynamic growth and global reach of Chinese brands. The study, which has been conducted annually, provides valuable insights into the leading Chinese brands that have made significant impacts in international markets. Top Performers ByteDance, Xiaomi, and SHEIN lead the list, showcasing the strength of ...
Idle Fish’s (Xianyu) Revolutionizing Second-Hand Trade – China …
Mar 19, 2024 · In an unprecedented leap, Idle Fish (a.k.a. Xianyu), Alibaba's leading second-hand trading platform, has broken significant ground in China's digital marketplace. As of 2023, the platform has astonishingly surpassed a daily Gross Merchandise Volume (GMV) of 1 billion yuan (US$141 million), marking a colossal shift in consumer behavior towards the second-hand market. This surge reflects not ...
China 618 Mid-year Shopping Festival 2024 - China Internet Watch
Jul 1, 2024 · In an aggressive move to streamline operations and enhance consumer experience, China's leading e-commerce platforms, including Alibaba's Tmall, Taobao, and JD.com, have significantly revamped their strategies for the 2024 618 Shopping Festival. This mid-year retail bonanza, initially started by JD.com, has evolved into a crucial battleground for e-commerce dominance. Strategic Overhaul ...
Joybuy: JD.com’s Cross-Border B2B Platform - China Internet Watch
Jun 27, 2022 · JD Worldwide, the international business of JD.com (Jingdong), launched a cross-border B2B platform Joybuy on June 18 2022. Joybuy connects overseas merchants with high-quality Chinese factories through the company’s selected supplier network. JD's B2B platform Joybuy will mainly serve overseas buyers including e-commerce marketplace sellers, DTC sellers, and small and medium-sized retailers ...
Top Chinese Web Browsers in China - China Internet Watch
Google Chrome browser still takes the first place in Chinese browser market in August 2020, accounting for 58.22% of the market share, down 0.3% from July.Microsoft Edge ranked second most popular Chinese browser, with a significant increase in market share, from 15.84% to 16.43%.Tencent's QQ browser ranked third, accounting for 7.2% of the market in August, an increase of 0.12% over July ...
China’s Coffee Boom Brews Up a $38 Billion Market
May 14, 2024 · The Chinese coffee industry is experiencing rapid growth, reflecting significant changes in consumer habits and market dynamics. According to the '2024 China City Coffee Development Report', the sector's expansion highlights not only increased consumption but also a broader economic and cultural shift within the country. Rising Coffee Consumption In 2023, China's coffee industry reached a ...
China’s Cloud Computing Market in Q2 2024 – China Internet Watch
Oct 10, 2024 · China's cloud infrastructure service spending reached $9.4 billion in the second quarter of 2024, marking an 8% year-on-year growth, according to the latest data from Canalys. The country's leading cloud providers—Alibaba Cloud, Huawei Cloud, and Tencent Cloud—dominate the market, collectively holding a 71% share. Despite broader macroeconomic conditions slowing growth in some sectors ...
Alipay Huabei Stats, Trends, and Insights - China Internet Watch
May 11, 2017 · Alipay related Huabei is a consumer credit product launched by Ant Financial, allowing a consumption quota ranging from 500 yuan to 50,000 yuan. Huabei serves as a virtual credit card so that users and enjoy post-payment shopping experience.
China Digital Landscape 2024 – Entertainment
Apr 3, 2024 · In 2023, China's digital content sectors, encompassing online video, live streaming, music, and literature, showcased remarkable growth and innovation. The online video user base expanded to 1.067 billion, with substantial improvements in content variety, especially in micro and short dramas, supported by government guidelines and quality initiatives. Live streaming also saw a significant ...
ByteDance Unveils Doubao AI Models – China Internet Watch
May 16, 2024 · In the ever-evolving field of artificial intelligence, ByteDance has taken a significant leap forward with its recent announcements at the annual 'Force Conference.' This event showcased ByteDance's commitment to advancing AI, unveiling a series of updates from foundational models to top-layer applications under its subsidiary, Volcano Engine. Unified Branding and New Releases One of the most ...