China Internet Watch https://www.chinainternetwatch.com China Internet Stats, Trends, Insights Sat, 18 Aug 2018 07:15:11 +0000 en-US hourly 1 https://www.chinainternetwatch.com/wp-content/uploads/cropped-ciw-logo-2019-v1b-80x80.png China Internet Watch https://www.chinainternetwatch.com 32 32 China Tourists to France Increased by 50% YoY Q1 2015 https://www.chinainternetwatch.com/14457/china-tourists-50-yoy-q1-2015/ https://www.chinainternetwatch.com/14457/china-tourists-50-yoy-q1-2015/#comments Tue, 01 Sep 2015 00:00:15 +0000 http://www.chinainternetwatch.com/?p=14457 France tourism

About 2 million Chinese visited France last year, and the number was expected to reach 5 million in recent years. Chinese tourists increased by 50% on a year-on-year base in Q1 2015.

In 2014, over 100 million Chinese travelled abroad. Japan, South Korea, the United States and some European countries were popular tourism destinations.

Chinese tourists had made great contributions in French tourism, and become the second largest inbound country of France. The first was the European market. Because of the devaluation of the currency and economic crisis, Russian, Japanese, the Netherlands and German tourists to France dropped. Due to the growth of Chinese tourists, the number of foreign visitors in France could maintain the growth last year.

Chinese outbound tourism to France is still in the developing stage. China would become France’s largest source of tourists in the next few years with an annual visit about 5 million person-trips as expected.

Also read: China the Largest Inbound Tourism Market for Japan H1 2015

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China Online Vacation Market in Q1 2015 https://www.chinainternetwatch.com/13585/china-online-vacation-market-in-q1-2015/ https://www.chinainternetwatch.com/13585/china-online-vacation-market-in-q1-2015/#comments Thu, 16 Jul 2015 04:31:33 +0000 http://www.chinainternetwatch.com/?p=13585 online-travel-vacation-market

In Q1 2015, the total transaction value of China online vacation travel market reached RMB11.06 billion (USD$1.80 billion), an increase of 59.8% year-on-year, and 21.7% QoQ according to the data of Analysys EnfoDesk.

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  •  Online vacation travel business extends to destination service.

In January. 2015, Ctrip released Local Play channel, Qunar set up Tourism Destination Bureau; in April, Tuniu began its online Local Play channel, and supported sighting, show tickets, wifi communication, foods, outdoors activities and others in many cities all over the world. The new measures of several major tourism companies show that destination service would be the most important part in 2015 online travel market.

  •  Online vacation travel market penetrates into the upper section of industrial chain, online and offline services integrate further.

Tuniu increased its resource direct mining share to improve its supply chain, merged Zhongshan Travel and Classic Holiday Travel Agency to put forward some projects and at the same time ran its special projects to meet different needs of consumers.

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Ctrip and Tuniu accounted for 31.99% and 19.43%, far more higher than other companies. Market share of the two companies made up 51.42% in Q1 2015, 3.66% higher than that in 2014.

The transaction scale of Tuniu reached 2.15 billion RMB in Q1 2015, with 122.8% higher than Q1 2014. LY and Lvmama respectively had 0.81 and 0.69 billion RMB, with an increase of 1.95% and 1.3% compared with the same period last year.

Also read: Chinese Luxury Traveler Insights 2015

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China Online Shopping Accounted for over 10% of Total Retail in Q1 2015 https://www.chinainternetwatch.com/13444/online-shopping-q1-2015/ https://www.chinainternetwatch.com/13444/online-shopping-q1-2015/#comments Wed, 17 Jun 2015 05:00:22 +0000 http://www.chinainternetwatch.com/?p=13444 online-shopping-q1-2015-1

In Q1 2015, China online shopping transaction value exceeded RMB757.41 billion (USD$123.51 million) with an increase of 45.2% from the same period of last year. According to the data of National Bureau of Statistics in Q1 2015, online shopping transaction value accounted for 10.7% of total retail consumer goods.

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Influenced by the Chinese New Year period, online shopping market had slowed its growth while it was still being developed.

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Total transaction value of China B2C e-commerce market was RMB373.71 billion (USD$60.94 billion), representing 49.3% in online shopping market in Q1 2015. In addition, it increased by 6 percentage from the same period of last year which indicates B2C will surpass C2C becoming the main stream of China online shopping market.

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In China B2C e-commerce market, Tmall represented 58.6% while Jingdong’s market share was over 20% in Q1 2015. In terms of B2C platforms with owned goods category, Jingdong accounted for 56.3%, followed by Vipshop and Suning.

Also read: Global E-commerce Sites That Provide Direct Shipping to China

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China Mobile Shopping Market Value Exceeds RMB36 Bln in Q1 2015 https://www.chinainternetwatch.com/13426/mobile-shopping-market-value-rmb36-bln-q1-2015/ https://www.chinainternetwatch.com/13426/mobile-shopping-market-value-rmb36-bln-q1-2015/#respond Thu, 11 Jun 2015 00:30:25 +0000 http://www.chinainternetwatch.com/?p=13426 mobile-shopping-q1-2015

In Q1 2015, China mobile shopping market total transaction value exceeds RMB36.23 billion (US$5.9 billion) according to data of iResearch. Affected by the Chinese New Year, mobile shopping’s QoQ growth in Q1 2015 was relatively slowed. However, iResearch estimates that in Q2 2015, mobile shopping would still keep rapid growth.

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In terms of transaction value, in Q1 2015, China mobile shopping accounted for 47.8% of the whole online shopping market, which even had increased by 22 percentage from the same period last year.

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There are two major reasons for China mobile shopping’s overwhelming development. Through 2014, netizens’ mobile shopping habits were getting mature. On the other hand, at the beginning of 2015, various e-commerce websites continuously improved service on mobile device to stimulate mobile shopping.

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In Q1 2015, Taobao still ranked the top among all the mobile shopping apps, representing 84.5% market share, followed by Jingdong.

Also read: 20 Charts on China Mobile / WeChat Shopping Market

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China Online Gaming & Mobile Gaming Market in Q1 2015 https://www.chinainternetwatch.com/13394/online-gaming-q1-2015/ https://www.chinainternetwatch.com/13394/online-gaming-q1-2015/#comments Tue, 02 Jun 2015 04:30:39 +0000 http://www.chinainternetwatch.com/?p=13394 online-gaming-2014

China online gaming market exceeded 30 billion yuan for the first time and reached 32.08 billion yuan (US$ ) in Q1 2015, an increase of 8% QoQ with 24.7% growth YoY according to iResearch.

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2015 will be a year full of opportunities and challenges for China mobile gaming market. China female mobile gaming users still have much potential and their habit of paying for games is expected to develop.

Mobile has increasingly become an important platform for China online gaming market with 31% market share.

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Mobile gaming market accounted for over 30% of overall China online gaming market by value, having reached 9.96 billion yuan, an 22.3% increase from the previous quarter with 75.3% growth YoY.

Also read: RPG & Card Games Most Popular in China Online Gaming Market in 2014

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Baidu: the 14th Largest Media Owner in the World https://www.chinainternetwatch.com/13381/top-30-global-media-owners-2015/ https://www.chinainternetwatch.com/13381/top-30-global-media-owners-2015/#respond Tue, 26 May 2015 00:30:07 +0000 http://www.chinainternetwatch.com/?p=13381 baidu-cloud-2014

According to ZenithOptimedia’s new report Top Thirty Global Media Owners 2015, Baidu is now the fourteenth-largest media owner in the world growing 43% YoY. In the Top 30 list, Google ranked on top, followed by Walt Disney and Comcast.

Baidu and Sohu ranked the second and fourth respectively in the world’s top 5 biggest search engines by revenue in 2014.

Related: China Top 10 Online Advertising Media in 2014

CCTV, China’s national state television company, accounts for about a quarter of China’s television ad market ranking the 20th largest media owner.

Rank Media owner Rank Media owner
1 Google 16 Asahi Shimbun Company
2 Walt Disney Company 17 Grupo Globo
3 Comcast 18 Yahoo
4 21st Century Fox 19 Fuji Media Holdings
5 CBS Corporation 20 CCTV
6 Bertelsmann 21 Microsoft
7 Viacom 22 Hearst Corporation
8 Time Warner 23 JC Decaux
9 News Corp 24 Yomiuri Shimbun Holdings
10 Facebook 25 Mediaset
11 Advance Publications 26 Axel Springer
12 iHeartMedia 27 ITV plc
13 Discovery 28 ProSiebenSat.1
14 Baidu 29 NTV
15 Gannett 30 Sanoma

Mobile: Almost 1/3 of Online Video Ad Revenue in China in Q1 2015

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Ctrip Acquired eLong for US$400 Mln https://www.chinainternetwatch.com/13379/ctrip-q1-2015/ https://www.chinainternetwatch.com/13379/ctrip-q1-2015/#respond Mon, 25 May 2015 00:30:58 +0000 http://www.chinainternetwatch.com/?p=13379 Ctrip

Ctrip announced its investment in eLong last Friday through acquiring eLong shares from certain selling shareholders, including Expedia together with several other investors. Ctrip acquired a 37.6% equity stake in eLong for a total purchase price of approximately $400 million.

Ctrip and Expedia have agreed to cooperate with each other to allow their respective customers to benefit from certain travel product offerings for specified geographic markets.

Ctrip has about 37% market share in China online travel market by total transaction value while eLong has about 2.6% in Q1 2015 according to Chinese research company Analysis.

Ctrip’s net revenues were RMB2.3 billion (US$373 million) for the first quarter of 2015, up 46% year-on-year, 82% of which came from accommodation reservation (US$154 million) and transportation ticketing (US$153 million) according to its Q1 finance results.

It suffered net Loss of RMB126 million (US$20 million) in Q1 2015, compared to net income attributable to Ctrip’s shareholders of RMB115 million (US$19 million) in Q1 2014.

Also read: China Outbound Travelers Spent Close to $500B Overseas in 2014

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Momo Monthly Active Users Exceeded 78 Mln in Q1 2015 https://www.chinainternetwatch.com/13366/momo-q1-2015/ https://www.chinainternetwatch.com/13366/momo-q1-2015/#comments Fri, 22 May 2015 00:30:33 +0000 http://www.chinainternetwatch.com/?p=13366 tang-yan-momo-ceo

The number of monthly active users (“MAU”) on Momo was 78.1 million in March 2015, an increase of 83% YoY according to its press release.

Momo’s net revenues increased 383% YoY to $26.3 million, 49.4% of which ($13 million) were membership subscription revenues. Momo members reached 3.1 million as of March 31, 2015, up from 1.3 million as of March 31, 2014.

Mobile games revenues were $6.1 million in Q1 2015 (23.2% of total revenues), an increase of 212% from $2.0 million in Q1 2014. The growing number of active game players on Momo’s platform reached 6.2 million during Q1 2015.

Momo’s mobile marketing revenues were $6.0 million in Q1 2015. The growth was powered by its strategic co-operations with Alibaba and 58.com, and to a lesser degree, the increase in revenues from Momo’s proprietary marketing services.

Momo’s net revenues increased over 13 times YoY to $44.8 million in 2014 who applied to list their American depositary shares on the NASDAQ Global Market under the symbol “MOMO.”

Momo platform includes Momo mobile application and a variety of related features, functionalities, tools and services that are provided to users, customers and platform partners. Read more here.

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China Online Travel Market Exceeded US$15 Bln in Q1 2015 https://www.chinainternetwatch.com/13370/online-travel-q1-2015/ https://www.chinainternetwatch.com/13370/online-travel-q1-2015/#comments Thu, 21 May 2015 00:30:52 +0000 http://www.chinainternetwatch.com/?p=13370 travel-generic-150520

The total transactions of China online travel market reached 94.76 billion yuan (USD 15.28 billion) in Q1 2015, an increase of 51.3% YoY or 9.4% QoQ.

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Offers from China online travel providers such as Ctrip and Qunar have extended to provide more on “things to do” in travel destinations. China online trave providers have also expanded to provide lifestyle offers such as food delivery, movie ticketing and car renting.

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Ctrip and Qunar in total accounted for over half of China’s online travel market by total transaction values. Alitrip, Alibaba’s ambition in China online travel market only launched in October 2014, already grabbed over 10% of China’s online travel market.

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71.3% of China online travel market transactions came from transportation online booking.

Also read: China Outbound Travelers Spent Close to $500B Overseas in 2014

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Weibo MAUs 198 Mln in Q1 2015, Up 38% YoY https://www.chinainternetwatch.com/13364/weibo-q1-2015/ https://www.chinainternetwatch.com/13364/weibo-q1-2015/#comments Wed, 20 May 2015 00:30:06 +0000 http://www.chinainternetwatch.com/?p=13364 sina-weibo-payment-dec-2014

Weibo monthly active users were 198 million in March 2015, up 38% YoY according to Weibo’s financial results for Q1 2015.

Weibo’s mobile MAU was 86% of total MAU in March. Daily active users were 89 million on average in March 2015, up 34% YoY.

Weibo’s net revenues increased 43% YoY to $96.3 million in Q1 2015. Over 82% revenues came from Weibo advertising and marketing ($79.2 million). Net loss for Q1 2015 was $2.8 million, compared to a net loss of $47.4 million in Q1 2014.

Weibo Q4 2014 net revenues increased 47% year over year to $105.2 million, 83.8% from advertising and marketing ($88 million).

Read more: Weibo Smartphone User Insights in 2014

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China B2B E-commerce Market in Q1 2015 https://www.chinainternetwatch.com/13352/b2b-q1-2015/ https://www.chinainternetwatch.com/13352/b2b-q1-2015/#comments Mon, 18 May 2015 00:30:25 +0000 http://www.chinainternetwatch.com/?p=13352 b2b-image

China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.

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The first quarter of year normally sees slow growth in China B2B market considering the fiscal year cycle, enterprise purchase cycles, holidays and etc. In addition, China’s international trade market had some negative impact. The total value of China’s import and export trading was down by 6% QoQ in Q1 2015.

China’s international trading trade B2B platform completely enters a transaction era; and, the value of credit guarantee service entered the stage. Cross-channel collaborations have become new means for B2B e-commerce platforms to enhance the competitiveness.

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Alibaba still dominates China’s B2B market by revenues with 44.13% market share, followed by HC360 (4.86%) and Global Sources (4.69%).

Also read: China Top 10 B2B Websites in Q4 2014

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Mobile: Almost 1/3 of Online Video Ad Revenue in China in Q1 2015 https://www.chinainternetwatch.com/13340/online-video-q1-2015/ https://www.chinainternetwatch.com/13340/online-video-q1-2015/#respond Tue, 12 May 2015 00:30:46 +0000 http://www.chinainternetwatch.com/?p=13340 online-video-user-profile-2015

China online video market reached RMB 6.81 billion (US$1.1 billion) in Q1 2015, a decrease of 7.5% QoQ and an increase of 74.7% YoY.

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In 2014, total transaction value of China online video market was RMB23.97 billion(US$3.88 billion) with an increase of 76.4% from the same period of last year.

Advertising is still the main revenue source of China online video market growth, accounting for 58.2% of China online video market revenues in Q1 2015.

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Mobile video ads in China reached 1.07 billion yuan representing 27.2% of total online video ad revenue in Q1 2015, down 10.1% QoQ.

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Also read: 70% China Online video Users Watch Over One Hour in 2015

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Chinese Spending Accounted for 40% of Total Foreigners’ in Japan in Q1 2015 https://www.chinainternetwatch.com/13304/japan-q1-2015/ https://www.chinainternetwatch.com/13304/japan-q1-2015/#respond Wed, 06 May 2015 00:30:31 +0000 http://www.chinainternetwatch.com/?p=13304 japan-travel china

The total spending of foreigners visiting Japan in Q1 2015 reached 706.6 billion yen, an increase of 64.4% YoY according to Japan’s “Chinese Herald”. Chinese travelers’ total spending accounted almost 40% of total.

Chinese visitors spent 277.5 billion yen in Q1 2015, 39.3% of the total, representing an expansion of 2.3 times, becoming Japan’s domestic consumption detonating force.

The above statistics, including accommodation, catering, travel expenses, entertainment expenses, shopping and other expenses. Several factors contribute to foreigners’ increasing expenditure including:

  • the yen continued to depreciate,
  • expansion of the range of duty-free goods since October 2014
  • relaxing visa application conditions for Chinese

Total number of Chinese visiting Japan reached 923,500 in Q1 2015, an increase of 93.2% YoY; Chinese people traveling in Japan has a per capita consumption of 300,434 yen, compared with 248,000 yen a year earlier, an increase of 20.9%. Chinese total spending in Japan reached 277.5 billion yen, an increase of 39.3%.

On average, a Chinese tourist spent 52,868 yen on accommodations, 43,501 yen on food, 20,256 yen on transportation, 5,184 yen on entertainment expenses, 176,975 yen for shopping (about 60% of total personal expenditure).

According to China Confidential, a research institute of Financial Times, the total expenditure of China outbound travelers reached RMB140 billion (US$498 billion) in 2014. In other words, today’s Chinese outbound tourists’ spending is more than the total household consumption expenditure in some countries, such as Indonesia ($436 billion) and Turkey ($442 billion).

Read more: Rise of the China Outbound Tourism

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