Archive for the 'e-commerce' Category

• 06.22.08 Internet in China: online shoppers spend 2.3 billion U.S. dollars in 1st half of 2008
  
  "Online Chinese shoppers spent 16.2 billion yuan (2.3 billion U.S. dollars) in 19 major cities in the first half of 2008, China Internet Network Information Center (CNNIC) said on recently. The findings were based on a survey carried out in four municipalities directly under the central government -- Beijing, Shanghai, Tianjin and Chongqing -- and 15 developed cities such as Changchun, Dalian, Nanjing, Hangzhou, Jinan and Guangzhou, among others..."  read on
  
  posted in beijing, alibaba, taobao, market, shanghai, china, e-commerce, consumer behavior, trends, information technology, internet
• 03.18.08 Internet in China: Chinese market overtakes U.S. as top Web market
  
  "China has surpassed the United States to become the world's largest Internet market by number of users, a research firm said on recently. The estimate by Beijing-based BDA was based on data from China Internet Network Information Center (CNNIC) which indicated that the country's Internet users totaled 210 million at end-2007. Nielsen/NetRatings put the United States Web population at 216 million for the same period, BDA said..."  read on
  
  posted in beijing, united states, market, china, information technology, e-commerce, consumer behavior, trends, internet
• 03.15.08 China software industry reports 20% rise in revenue
  
  "China's software sector generated 580 billion yuan (about 80.8 billion U.S. dollars) in revenue in 2007, an annual increase of 20.8 percent, the Ministry of Information Industry reported: sales of software products surged 22.5 percent to 201.7 billion yuan, while system integration income rose 16 percent to 147.8 billion yuan (nearly 21 billion US dollars). The income of software and information technology services hit 97.8 billion yuan (over 13 billion US Dollars), up 24.8 percent. Revenues of embedded system software hit 115.5 billion yuan (around 16 billion US dollars), up 21.8 percent year on year..."  read on
  
  posted in china, software, market, information technology, trends, gaming, e-commerce, wealth, economics
• 03.02.08 Internet in China: consumption expected to rise 45.8% in 2008
  
  "China's Internet consumption hit 398.8 billion yuan (53.89 billion U.S. dollars) last year and is expected to reach 581.5 billion yuan in 2008, up 45.8 percent, according to a survey released recently. The "Netguide 2008" survey, which provides a wrap-up of China's2007 cyber world, polled more than 300 web sites and about 200 enterprises, with 50,786 interviewees around the country..."  read on
  
  posted in information technology, china, market, trends, consumer behavior, e-commerce, wealth, internet
• 02.11.08 Internet in China: World’s Largest Internet Market
  
  "Chinese Web users will spend 45.8 percent more this year on online games and booking hotel and flight tickets, among other services available online: total spending by Chinese Internet users will hit 581.5 billion yuan (US$77.53 billion), said an Internet Society of China report issued recently. The report's findings are based on data collected from a survey of 50,786 mainland Internet users and 270 companies across the country, as well as from seminars and interviews with industry experts... "  read on
  
  posted in china, software, travelling, market, information technology, trends, gaming, e-commerce, advertising, internet
• 11.26.07 Chinese People and their Mobile Phones: Online Transactions through SMS
  
  "A range of new payment services through mobile phones has put a virtual withdrawal machine in consumers' hands, enabling 8 million mobile users in China to pay bills, buy insurance or book tickets. Jointly launched among China UnionPay, commercial banks and the service operators, users had their mobile phone numbers joined with that of their bank accounts, allowing them to fulfill payment for various services, like their gas fee and air ticket booking."  read on
  
  posted in china, interaction, market, information technology, wealth, mobile, economics, e-commerce, internet
• 11.08.07 Internet in China: Alibaba.com largest IPO since Google went public
  
  "Alibaba.com, the largest business-to-business portal in China underwent its first day of public share trading in Honk Kong, and the results exceeded all expectations, as the price tripled, raising $1.5 billion. The public offering is expected to raise nearly $2 billion in Hong Kong, making its debut offering as large as Google’s 2004 I.P.O. in the United States. "We are pleased to welcome investors from Hong Kong and around the world to join us in building a world-class e-commerce company," said Jack Ma, non-executive chairman of the company and chairman and chief executive officer of Alibaba Group..."  read on
  
  posted in google, alibaba, taobao, united states, market, hong kong, trade, e-commerce, economics, wealth, information technology, china, internet
• 11.03.07 Internet in China: Taobao Transaction Volume Tripled in First Half of 2007
  
  "Taobao, the leader in Chinese C2C market, released a report on shopping at Taobao in the first half of 2007. Since Taobao has gained about 72% market share in first quarter of 2007, according to iResearch, Taobao’s report would help us to know the general picture of Chinese online shopping market."  read on
  
  posted in china, interaction, taobao, market, information technology, trends, economics, e-commerce, wealth, consumer behavior, internet
• 09.01.07 China, Socialism & Consumer Behavior
  
  "With the opening to new markets and the growth of the Chinese economy, a new social class has emerged -- to some extend, unthinkable in a Communist China: the millionaires. According to a survey from Cap Gemini/Merrill Lynch, the number of millionaires (in US Dollars) in China have reached more than 230,000. The large majority of these new riches choose Shanghai to invest their money and also spend their money..."  read on
  
  posted in ferrari, shanghai, automobile, brazil, market, china, trends, wealth, e-commerce, socialism, consumer behavior, culture, economics
• 11.11.06 e-Commerce in China: numbers and trends
  
  "China could become the world's biggest online market within two years: the number of Chinese netizens has surpassed 123 million and number of people with access to broadband connection rose by 45.3 percent during the first half of the year to 77 million. Studies show that a typical Chinese consumer spends an average of 17.9 hours per month (36 min./day) engaged in popular online activities such as chatting, blogging, gaming, and shopping."  read on
  
  posted in alibaba, interaction, research, taobao, market, china, information technology, economics, e-commerce, consumer behavior, trends, internet

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