Press Review

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[November 8th – November 14th]

Panda Review 25 China digital news

So what happened these past 2 weeks in China ? 

Read our press review below: all the best news about E-commerce, digital marketing, social media, KOL news, travel retail and tourism industries, new technologies, Chinese society and culture. And sometimes, great Chinese digital market white book or report to download that we found for you!

🛍️ E-commerce & Co.

JD.com plans to boost overseas investment as China’s e-commerce giants look to challenge Amazon

CNBC – November 10, 2021

JD.com plans to boost overseas investment as China’s e-commerce giants look to challenge Amazon

International expansion from both JD and rival Alibaba could challenge the e-commerce dominance of Amazon in certain parts of the world.

How Valentino’s Double Eleven Strategy Excites a New Generation of Chinese Luxury Lovers

JING DAILY – November 10, 2021

How Valentino’s Double Eleven Strategy Excites a New Generation of Chinese Luxury Lovers

In China, one of Valentino’s most important markets, the brand has been engaged in a successful multi-faceted effort over the past year to introduce the brand to younger millennial and Gen Z consumers while attracting older consumers to take a fresh look. Since the launch of the first Re-Signify exhibition in Shanghai last December, Valentino has continually broken new ground in China.

Tmall launches China’s first One-Shoe scheme, warming hearts of the disabled

DAO INSIGHTS – November 10, 2021

Tmall launches China’s first One-Shoe scheme, warming hearts of the disabled

The well-received campaign shows not only “special needs” of people with disabilities are, essentially, not special, but also prompts similar adjustments introduced by brands for the country’s wider disabled community.

Top Five Ways Alibaba’s TMIC Worked with Brands to Make This 11.11 Shopping Festival Greener

ALIZILA – November 15, 2021

Top five ways Alibaba’s TMIC worked with brands to make this 11.11 shopping festival greener

In just 13 years, Alibaba Group’s 11.11 Global Shopping Festival has evolved from a small marketing campaign raising awareness for e-commerce in China to the world’s single largest sales event. It has also become a testbed for brands and retailers to flex their innovation muscles. The country’s insatiable appetite for novelty means that brands must stay nimble to keep up with consumers’ fast-changing needs and wants.

🤳 Digital Marketing, KOL

Will China Buy Bottega Veneta Without Daniel Lee

JING DAILY – November 11, 2021

Will China buy Bottega Veneta without Daniel Lee ?

On November 10, fashion conglomerate Kering announced the shock split between its Italian luxury house Bottega Veneta and creative director, Daniel Lee. The news came as a surprise even industry insiders.

 

✈️ Travel Retail, Tourism

China travel industry recovery halted by coronavirus outbreaks, third-quarter trips down over 18 per cent

CHINA MACRO ECONOMY – November 9, 2021

China travel industry recovery halted by coronavirus outbreaks, third-quarter trips down over 18%

China’s domestic tourism market plunged in the third quarter.The number of domestic trips in the third quarter fell by 18.3 per cent compared with the same period last year.

 

👀 New Technologies

Douyin & Tencent in the negotiation of an “equal” open source between each other

DAO INSIGHTS – November 12, 2021

Douyin & Tencent in the negotiation of an “equal” open source between each other

Douyin, the Chinese version of Tik Tok, owned by tech giant ByteDance welcomes Tencent’s request of interlinking with its platform, as announced by Douyin on 12 November.

“Self-Regulation Convention” Signed by Chinese Tech Giants; Nubank Propose IPO

EXCHANGE WIRE – November 12, 2021

“Self-Regulation Convention” Signed by Chinese Tech Giants; Nubank Propose IPO

According to an Ant Group WeChat post, some major Chinese tech giants, including Alibaba’s Ant Group, Tencent’s cloud division, and JD.com’s technology subsidiary, have signed a “self-regulation convention” on non-fungible tokens (NFTs).

🏮 Society & Culture

Tsingtao wins gold at European beer competition

CHINA DAILY – November 12, 2021

Tsingtao wins gold at European beer competition

Tsingtao Brewery, the world’s fifth-largest brewery based in Qingdao, Shandong province, snatched a gold award at European Beer Star 2021, one of the most important beer competitions in the world, on Tuesday local time in Munich, Germany.

People in China Are Going Wild Over Disney’s New Pink Fox Character

RADII CHINA – November 16, 2021

People in China Are Going Wild Over Disney’s New Pink Fox Character

People in China are going bananas over a pink fox called LinaBell, who was recently introduced to the Duffy and Friends plush toy line at Shanghai Disneyland. The new Disney character has since been dubbed the ‘national daughter’ by her enthusiastic fans.