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  • e-Commerce, Trends
    June 4, 2013 | 0 Comments

    Retail Megatrends: Online Rise, Foreign Fall

    China: center of retail universe

    Retail in China increasingly means online retail. So says the “China Retail 100”, a report produced by the China General Chamber of Commerce. 2012 was the first year the report took account of online retail and the results were revealing: sales from China’s largest online retailers grew 113% faster than offline retail, with nearly half (49.6) of all retail sales growth in 2012 generated online (more in Chinese here). When that number crosses 50% in 2013, who stands to profit? ...Read More

  • What's News? April 16, 2013 | 0 Comments

    World, meet WeChat

    Just like Pony Ma planned it: Tencent's WeChat messaging app, now with 40 million overseas users, is becoming a hot item in countries from Mexico to Thailand. The application is ranked no. 6 and rising among social messaging applications for iOS, taking aim at apps like the American-developed Whats App. WeChat has established a localization team for the North American market, but the real action for now is nearby: India remains the second largest market for WeChat.

    Source: Hexun

  • What's News? March 26, 2013 | 0 Comments

    360Buy: Pick our logo

    360 Buy is looking for a cartoon character to represent its brand and wants your help. The company selected a handful of potential animal mascots and posted them on Weibo to solicit user opinion. The victorious toon will be used by 360 Buy in future marketing. Other internet companies like Sohu, Tencent and Sina all employ cutish animal mascots as part of their respective brand imagery. Source: Bia News

  • What's News? March 8, 2013 | 0 Comments

    WeChat, meet Taobao

    WeChat users can now use Taobao to search products inside Tencent's messaging application. Users can also jump to Taobao and Tmall to make orders, add goods as favorites and update their shopping cart. Industry experts see the move as the next step in the fight between Baidu and Taobao over product search. Alibaba maintains eTao for product search and recently unveiled comprehensive search through its Aliyun cloud computing division. Data shows that Taobao mobile users are already 150 million strong, accounting for a total turnover of RMB 50 billion in 2012. Source: eBrun

  • What's News? March 7, 2013 | 0 Comments

    Tencent monetizes WeChat

    Tencent’s outspoken CEO Pony Ma expressed the company’s intention to monetize explosively popular messaging app WeChat. The announcement came during the Two Sessions political meetings under wat in Beijing. In the coming months, Tencent will promote the app using social games and WePay services. WeChat reportedly has more than 300 million registered users.

    Source: Sina

  • e-Commerce, Electronics
    December 19, 2012 | 0 Comments

    Strategic map: Baidu’s path to mobile relevance

    Lenovo's new Bai-Phone.

    China's leading online search giant is in trouble. While Tencent dominates social media, Alibaba controls retail and online payments, and Qihoo makes headway in mobile search, Baidu looks inert. For half a decade, the search giant was the gateway to China's online world. These days, traffic behind the great firewall is increasingly determined by mobile, social, and vertical search. Baidu hopes that a mobile hardware offering would enable it to regain lost ground. But  the company's real challenge—and opportunity—lies elsewhere on the map.  ...Read More

  • e-Commerce, Entertainment
    November 19, 2012 | 0 Comments

    Scratching: e-Commerce and China’s state lottery

    China Sports Lottery. Feeling lucky?

    In China, the fastest way to get rich is to do business with the government. For a few, this means dealing with powerful relatives or classmates; for most everyone else, it means playing the government-run Welfare and Sports Lotteries. Created in the mid-80s to bolster state welfare programs, the lotteries were an ideological break of sorts for a Communist government that previously banned all forms of gambling. Even with government monopolies in place, the government turns a blind eye to informal, local lotteries. But China's e-Commerce giants are now pushing the boundaries, setting up popular, nationwide lottery distribution channels, often without official approval. ...Read More

  • What's News? November 2, 2012 | 0 Comments

    360Buy acquires online payment tool

    360Buy has been looking for M&A opportunities in the online payment sector ever isnce its cooperation with Alibaba's Alipay was terminated in 2011. Following failed negotiations with Tencent's Tenpay and 99bill, local media reports that the company recently signed a deal with Chinabank Payment. Currently the percentage of customers of 360Buy that choose the payment on delivery method has decreased from 70% to 50%, meaning that about 30 million users are using third-party payment processing tools when buying goods on 360B87. According to statistics, in 2011, Ali Pay had 49% of the online payment market, Tenpay had over 20%, while the remaining 30% was divided between smaller operators like Chinabank Payment and 99bill. Source: EBRun

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  • January 01,1970


  • January 01,1970