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Introduction: E-commerce is exploding in China, taking the wine market with it. In just a few years, we have seen the birthplace of sites that manage to distribute hundreds of thousands of bottles a month throughout China. On Taobao (B to C online sales platforms), Tmall e-shops have recently entered this business, and have managed…
The success of the beauty industry plays a crucial role in the survival of the luxury market. Thus, through beauty acquisitions, high-end brands can subtly influence customer loyalty. According to Zion Market Research, the global beauty market is expected to reach about $863 billion by 2024, and China is expected to become the world’s largest…
In 2018, many Chinese realized their wish “The world is great, I want to see it,” and travelled the world. Many Chinese travellers have already started planning their trips for 2019 and are planning to go further. For several years, China has remained the world’s largest overseas tourism market with nearly 150 million overseas visits…
China Has Had Enough With Rumors. News websites using social media as their primary source of information are the target of this crackdown. Government officials have officially released a statement saying that online newspapers are not to release any story taking its source from social media unless told otherwise by the Cyberspace Administration. Why…
Pet food sales in China already reach U.S.$2.2 billion last year. How can foreign Business enter the Chinese market? The pet economy in China In foreign countries, the “pet economy” is a huge industry. In 2001, pets generated $27.6 billion in consumption for the US economy, and the US pet insurance industry earned only $4…
2018 was not a good year for automakers in China. Indeed, car sales have declined of 11 percent in October 2018 with an average of a 6 percent drop that year. The amount purchased by car dealerships also decreases. The US-China trade war is not helping American car brands. Foreign car manufacturers are more impacted…
While the fact that computer systems are capable of performing tasks generally associated with human capabilities seemed totally surreal a few years ago, the evidence shows that technology and AI development are becoming increasingly important the outcome of this project seems less and less science fiction-like. If the United States is leading the gondola for…
Targeting Wealthy Chinese effectively involves a blend of high value digital strategies and high-quality content that resonates with the luxury lifestyle. Here are 7 tips for reaching this lucrative market segment, done by experts of the market that work on campaign on daily basis 7 key trends in 2024 about Rich Chinese People Read more…
Increased competition between Japanese-beauty and Korean-beauty brands Nowadays Chinese beauty market is experiencing a great competition between Korean and Japanese beauty products. According to L2 New York research group, it was found that I comparison with K-beauty brands, J-beauty brands experienced rapid increase of sales and digital visibility in 2017. Moreover, in term of Korean…
The Senior Market in China is Growthing Nearly 15 percent of China’s population – more than 200 million people – is now 60 or older, according to the China Research Center on Aging. Old people are among the happiest people in China. Besides old hobbies like swimming, dancing and playing badminton in the park, elderly…
NetEase Music is a “social platform” where more than 300 million users share music, the best place to communicate for DJ in China. NetEase is a free music-streaming service offering a huge songs catalogue that can even be locally downloaded. NetEase has been investing heavily to support independent musicians generating a fresh supply of high-quality…
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