It used to be that Chinese Internet users were not willing to pay for digital content. You could easily get the pirate version of ebooks, music, and movies, so why spend the money?
This has changed in the last 2 years. China’s paid digital content market is expected to grow from RMB 4.9 billion in 2017 to RMB 23.5 billion RMB in 2020.
The 30-days countdown to Single’s Day 2018 started! The annual e-commerce war has started earlier than ever. Here are 5 news worth knowing for this week!
If you search for “Starbucks” (“星巴克”) on Taobao you might be in for a surprise. Instead of simply seeing a link to Starbucks’ Tmall store, you will see a menu linking you to a “Starbucks Mini-program” experience within Taobao.
Chinese Baijiu, as a kind of traditional alcohol that made major proportion in China market, has a large market capacity and strong profitability.
Chinese Baijiu has always been at the top of the competition in channel resources. However, with lowered expectation of price increase of famous Baijiu represented by Maotai, some wine distributors believe that the situation that channel resources occupied by Baijiu is expected to be improved.
It is a well-known fact that every other teenager in China wants to become an “influencer”, “KOL” or “WangHong” (网红): a social media personality with a large following and glamorous lifestyle.
The social commerce space never lacks innovation. A new type of location-based social model called Community Group Buy is changing how people engage in grocery shopping.
Many wine wholesalers dream of owning a brick-and-mortar store. Since 2018, some wholesalers have opened brick-and-mortar stores. Are they actually seeking for growth or just following the market trend?
From 2012 to 2014, overseas acquisitions of wineries by Chinese capital became a trend, but after a few years, news came that those wineries have to transfer or sell. How are the running conditions of these wineries after several rounds of economic cycles? What lessons are worth learning?