Burgundian wines flourished internationally in 2018, but why it has not influenced too much in China?
On March 8th, Tencent invested a total of 1.09 billion USD into Douyu and Huya, 2 of biggest game live streaming companies.
A recent WeChat Mini-program report shows very positive trands of Using Rate.
Alibaba made a move to purchase food-delivery leader Ele.me for $9.5 billion USD, according to ifeng.com.
The Chinese e-commerce giant already owned a 23% stake in the company after investing almost US$1.2 billion in it, a bargain compared with the current acquisition pricetag.
Flash Sale originated in the United States a few years ago. It was defined as “providing consumers with a limited number of goods at the maximum discount, purchasing within a time limit, and off shelves immediately after deadline”.
In a country where more than 75% of the population listens to music, China’s music market is still very little developed compared to major powers like the United States. Developing and commercializing music in China remains an enormous challenge for the players, due to government regulations, the musical culture of individuals and how to establish themselves in the market.
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.