China’s Double 11 2024: How E-Commerce Giants Are Shifting …
Nov 12, 2024 · As the clock struck midnight on November 11, China’s Double 11 shopping festival—one of the world’s largest online retail events—came to a close, setting new records in sales, user engagement, and strategic shifts. Leading platforms like Tmall and JD.com took a fresh approach this year, extending the duration of the festival and shifting focus from pure price competition to improved ...
Billion-Dollar ‘Planting Grass’ (Zhongcao) Economy in China – …
Apr 11, 2023 · It's hard to pinpoint when it started, but major Chinese tech companies have become obsessed with 'planting grass' (Zhongcao). 'Planting grass', or Zhongcao, refers to recommending quality products to others to entice purchases or generating a desire to experience or possess something based on external information. In recent years, internet giants such as Tencent, Alibaba, ByteDance, and ...
China Internet Overview 2024 – China Internet Watch
As of December 2023, China's internet user base reached 1.092 billion, marking an increase of 24.8 million from December 2022, according to data from CNNIC released in March 2024. CIW Annual and Premium plan subscribers can download the related but much more comprehensive China Digital Landscape report here. The internet penetration rate was 77.5%, up by 1.9 percentage points. Of these, 1.091 ...
Instant Retail: New Battleground for Chinese E-Commerce? – …
Sep 17, 2024 · In China’s fast-paced lifestyle, consumers are demanding more immediacy and convenience from their shopping experiences. With just a few taps on their phones, they want products delivered within the hour. This growing trend has led to the rise of instant retail, a retail model where products are ordered online and delivered to consumers in as little as 30 minutes. According to the 2023 ...
Xiaohongshu Surges Toward Search Dominance, Challenging …
Dec 16, 2024 · In a groundbreaking development for China’s digital landscape, Xiaohongshu (Little Red Book) is emerging as a dominant force in the search engine market. QuestMobile’s recent report reveals that the platform’s daily search volume has reached an impressive six billion queries in Q4 2024—doubling from three billion in mid-2023. This figure now places Xiaohongshu at nearly half the daily ...
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 ...
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 ...
3 Chinese Apps in Top 10 AI Apps - China Internet Watch
Aug 15, 2024 · In the rapidly evolving world of AI, one might expect global giants like Alibaba to dominate. However, as of the first half of 2024, it's Zuoyebang, the former leader in online education, that has taken the AI landscape by storm. According to data from Sensor Tower, Zuoyebang has made significant strides in the U.S. market with two of its AI applications, Question.AI and Poly.AI, securing top ...
China’s LLM Market in Focus: AI Agents, and Industry …
Dec 17, 2024 · As China's AI industry accelerates, the development and deployment of large language models (LLMs) have become a central focus. From shifts in scaling paradigms to the rise of AI Agents and AI-powered hardware like smart glasses, the LLM landscape is rapidly evolving. Here's an in-depth look at the trends and breakthroughs shaping the sector. Scaling Challenges and Innovations in LLMs Global ...
Tmall Reports 83% Surge in New Merchants: China E-commerce …
Jan 15, 2025 · Alibaba's flagship e-commerce platform, Tmall, has reported a significant surge in new merchants joining its platform in 2024, underscoring the continued dynamism and attractiveness of China's online retail landscape. According to Tmall's newly released 2024 Merchant Onboarding Report, the number of new businesses setting up shop on the platform saw a remarkable 83% year-on-year increase. This ...