{"id":39086,"date":"2019-03-31T09:03:53","date_gmt":"2019-03-31T09:03:53","guid":{"rendered":"https:\/\/seoagencychina.com\/?p=39086"},"modified":"2021-08-06T09:05:58","modified_gmt":"2021-08-06T09:05:58","slug":"digital-in-china-think-ecosystem-to-win-the-chinese-market","status":"publish","type":"post","link":"https:\/\/seoagencychina.com\/digital-in-china-think-ecosystem-to-win-the-chinese-market\/","title":{"rendered":"Digital in China: Think Ecosystem to Win the Chinese Market"},"content":{"rendered":"\n

China is the top 3 in terms of Digital and Technology investment and also represents the biggest e-commerce market in the world with nearly 40%<\/a> of the total e-commerce transaction in the world. China is home to a third of unicorns around the world.<\/p>\n\n\n\n

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The quick adaptation of Chinese Internet users has allowed e-commerce to grow considerably in the last fifteen years. This is also due to the appearance of mobile payment (from Tencent “Wechat” and Alibaba \u00ab Alipay”).<\/p>\n\n\n\n

280 Millions Digital Natives in China<\/h4>\n\n\n\n

This ability to adapt is also the source of the strong competition in the Chinese digital market<\/a>. The core of web users are digital native, which is close to 280 million in China, which represents almost the total number of web users in the United States. These digital native are born within the digital era and grew up with these developments but are more importantly they are passionate about the digital world and contributes to its active evolution in China.<\/p>\n\n\n\n

One of the characteristics of the Chinese web user population is that 1 out of 5 netizens use the internet only via their smartphone and moreover 68% of netizens use mobile payment. A unique figure when we see the difficulties encountered by the US and European markets to implement this type of payment system.<\/p>\n\n\n\n

See Top Digital Strategies in China 2019<\/strong><\/a><\/p>\n\n\n\n

BAT Baidu Alibaba and Tencent<\/h4>\n\n\n\n
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In 2016, the BAT <\/a>group represented a total of 42% of the venture capital investments for China; while the US group : Facebook, Amazon, Netflix and Google (FANG) is  accounted for only 5% of venture capital investments in the United States.<\/p>\n\n\n\n

Digital in China <\/h2>\n\n\n\n

So how did this digital ecosystem develop in China? Who are the main actors and how was it constituted? These are the questions we will answer in this article.<\/p>\n\n\n\n