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WeChat Social Commerce Report 2018 was released today by Youzan (the biggest WeChat shop platform in China) and Newrank (China’s largest social media data monitoring platform). The report shows some surprising trends: The share of time spent on social media and Tencent-owned products is decreasing. Video content and Toutiao are stealing the show in 2018 The most popular items purchased via WeChat are around …
Weibo used to be the one-and-only social platform in China – it has since been overshadowed by WeChat and newer entrants such as Toutiao or Douyin. Is Weibo dead, dying, or is it actually secretly striving? A brief history of Sina Weibo Weibo is usually known as the Chinese version of Twitter. In Chinese 微博(Weibo) means microblogging. After Evan Williams …
Earlier this week, a new messaging App was launched and introduced to the world during the Smartisan Nut Pro 2S smartphone launch: Zidan Duanxin (AKA Bullet Messenger). Bullet Messenger created a huge buzz in the Chinese tech community. Here are some of the stats: Ranked No.1 for the top downloaded free social media app on the Apple Store for 3 …
Chinese “dama” (literally, big mamas) are budget-savvy shoppers most eager to snap up a good deal. They do most of the shopping for the family, and fortunately, they know just the place to score bargain-basement prices on everyday items, with discounts as deep as 90% off (look for overripe fruits that don’t last another day). On one condition: whip up …
When talking about B2C platforms in China, Alibaba is usually the first name that comes to people’s mind, seldom do people think of JD.com, the largest retailer in China aiming to compete with Amazon on a global scale. While the middle class is expanding fast in China, Chinese consumers are paying more attention to the quality and authenticity of goods, …
As foreign companies in China go, Starbucks is an unique case. Traditionally a land of tea, China was exposed to the specialty coffee culture in 1999 when Starbucks opened their first shops in China’s larger cities. The coffee chain essentially faced no serious competition in China in the early years, and effectively established itself as a daily routine for white-collar …
WalktheChat is recruiting a new Account Manager in Beijing!
WalktheChat is recruiting a new Account Manager in Beijing!
Secoo is China’s biggest luxury e-commerce platform. It also offers offline experience centers for shoppers. Here are some highlights of Secoo: Secoo is listed on Nasdaq with $704.808 M market cap as of August 2018 Secoo listed 300,000 SKUs, covering over 3,000 global and domestic brands Gross Merchandise Value reached RMB1,119.5 million (USD$178.5million) for Q1 2018 306,100 orders in Q1 …
A short history of Douyin Dou Yin is an impressive product: it was developed in 200 days, and within a year got 100 million users, with more than 1 billion videos viewed every day. How did a team of 8 achieved such as result in just 500 days? Let’s look into it. What is Douyin? Douyin is a short-video App …
