Social Media in China
Things are looking good for both WeChat and Weibo as they publish their Q3 figures, showing an increase in users and revenue. WeChat is nearing the 1 billion average daily user mark, hitting 902 million throughout September 2017. With Tencent’s commitment to development, it looks like Mini-Programs on WeChat may be undergoing a resurgence. Maimai’s battle to appeal to China’s professional social media users was boosted by a $75 million investment this week, with only about 2 million users difference between Maimai and LinkedIn, any investment could prove crucial.
- WeChat and Weibo Q3 figures are impressive
- Mini-Programs pick up pace on WeChat
- Maimai raises $75 million in battle against LinkedIn
- Tencent could soon be bigger than FaceBook
- Social media overreaction to boy doing homework on train
China Business & Technology
Pop-up retailing is exploding in China, enjoying over 100 percent growth since 2015. They are proving a great way to increase brand awareness at a lower cost. The largest e-commerce festival in China, Singles Day, continues to go from strength to strength, showing 39 percent growth over 2016. The good news in retail keeps coming as Alibaba smash another record by hitting over US$25 billion in a single day.
- Pop-up retail exploding in China
- Singles Day keeps growing
- Alibaba smash US$25 billion in one day
- How China is beating the US at technology
- China’s tech giants lead the march to conquer the West
Smartphone News & Tips for China
Can the iPhone X save Apple in China? The discussion has started. After six quarters all declining year on year, are we seeing the start of a turnaround? The opposite is true for Samsung, who are losing out heavily in China to local brands. While Samsung loses out in China, they also come under pressure in India from China’s own smartphone makers.
- Can iPhone X save Apple in China?
- Samsung losing market share in China
- Samsung under pressure in India
- Huawei and Xiaomi lead Chinese smartphone brands
- Xiaomi pushing into Europe
Cultural News in China
Millennials in Shanghai should be the focus of luxury brands marketing efforts, according to recent statistics. The 23 to 28-age range have the largest disposable income and are ready to spend. Many Bluegogo users have been left stranded as the bike-share startup balances on the verge of collapse, and has stopped processing deposit refunds. As China’s global relevance continues to grow, the old saying of ‘Made in China’ is quickly being replaced by ‘Made for China’.