JD, Alibaba and Pinduoduo’s Strong E-commerce performance Post-COVID

Tingyi Chen New WeChat features

The pandemic has caused damages to the world’s economy, but for internet companies, it’s an opportunity for growth and expansion. JD, Alibaba, and Pinduoduo, the 3 largest Chinese e-commerce companies, have released their financial earnings last week.  More active e-commerce users as a lasting impact of COVID-19 The pandemic has changed the users’ behavior by forcing most people to stay …

China’s Internet Usage Back to Pre-COVID levels (& 3 other news)

Thomas Graziani New WeChat features

Today we share 4 news from the Chinese digital space, from the impact of COVID to WeChat Mini-programs. China’s Internet Usage Back to Pre-COVID levels According to a report by QuestMobile, daily time spent by Chinese users is back to its pre-COVID level. Internet usage boomed during the pandemic, jumping from 6.0 hours per day in December 2019 to 7.3 …

Douyin stepping up in e-commerce game & 2 other news

Tingyi Chen New WeChat features

Douyin is pushing Douyin stores and starts to softly break ties with Taobao Douyin recently started to block a Taobao order management system, Qianniu 千牛, from accessing its Douyin store e-commerce data. Douyin launched Doudian 抖店, an order management system, similar to Taobao’s Qianniu at the end of 2019. It’s a comprehensive e-commerce system for merchants to create products, manage …

WeChat Launched Mini Shop, a Native Store System & 4 other news

Tingyi Chen New WeChat features

Here are 5 interesting news this week in the Chinese Digital world! Bilibili added direct links to Taobao Bilibili finally enabled authors to add e-commerce links taking users to Taobao.  Users can click on a Tabao product link located at the bottom of a video or live-streaming session. KOLs can also add their own store on their profile page, similar …

Xiaohongshu Drops Commission on Sales from 20% to 5% (and other news)

Thomas Graziani New WeChat features

This week, we report on a few significant news in the Chinese E-commerce space: Xiaohongshu reduced the commission the platform charges to merchant sales from ~20% to 5%. Weibo posts can now redirect users to WeChat Mini-programs WeChat is testing a new #hashtag# feature Xiaohongshu reduces platform costs In an effort to attract merchants to promote their products on the …

Celebrities and Record-breaking Live-streaming Campaigns

Tingyi Chen New WeChat features

Zhang Yuqi & Xin Ba – 223 million RMB sales on a Kuaishou live-streaming Zhang Ting – 256 million RMB sales during her first Douyin live-streaming Liu Tao – 148 million RMB sales during her first Taobao live-streaming These record-breaking data reports show that Chinese celebrities are also becoming live-streaming superstars. Live-streaming overview According to the China Statistic Bureau and …

JD.com 618 Revenues Grow 33% Amid COVID-19 Pandemic

Thomas Graziani New WeChat features

618, happening on June 18th, is the second biggest shopping festival in China after Single’s Day. First launched by JD.com, the festival has broken new records this year, amid the COVID-19 pandemic. Record-breaking year for JD.com JD.com broke new records this year, with 269.2 billion RMB of orders during the shopping festival (from June 1st to June 18th). The total …

Douyin Beauty Industry Report

Tingyi Chen New WeChat features

Ocean Insights, a Bytedance subsidiary, released a Douyin Beauty Industry Report 2020. The report shows Douyin is increasingly becoming a good marketing channel for beauty and cosmetics brands. Some highlights for the Douyin beauty industry includes: Daily video view reached 1.2 billion Beauty video content has increased by 228% YoY in 2019, above the average Douyin YoY growth of 192% …