[May 10-16th] Panda Review #3 China digital news of the week
🛍️ E-commerce & Co.
ALIZILA – May 14, 2021
Alibaba News Roundup: Earnings, AliDay and Taobao’s Birthday
The company had set new historical milestones, with its ecosystem serving more than one billion annual active consumers globally and achieving a record RMB8.1 trillion ($1.2 trillion) in GMV this fiscal year.
SCMP – May 16,2021
Global luxury brands stand a better chance of weathering China’s nationalistic consumer fervour
Consumers, especially young ones, are opting for domestic brands amid a wave of patriotism recently exacerbated by a row over cotton produced in the Xinjiang region.
CIW – May 12, 2021
Top 13 global B2C e-commerce companies by GMV, led by Alibaba and Amazon
China has the largest online retail sales of US$1,414.3 billion in 2020, followed by the U.S. with $791.7 billion. China’s online sales accounted for 24.9% of the total retail market. Pinduoduo is among the top 13 companies.
🤳 Digital Marketing, KOL
KR ASIA – May 17, 2021
Tencent makes another effort to capitalize on WeChat—to finally become an e-commerce power?
The company, which is a prominent investor in Pinduoduo and JD.com, steps up its e-commerce game with a standalone group-buying app and new marketing feature, called Xiao’e Pinpin (小鹅拼拼)
JING DAILY – May 13,2021
10 Truths Brands Should Know About Livestreaming in China
E-commerce livestreaming is a shopping mode that enables viewers to purchase goods in real-time while livestreamers conduct demonstrations. The total scale of China’s e-commerce livestreaming industry would reach $307.12 billion in 2021 (1.995 trillion RMB).
JING DAILY – May 16,2021
4 Strategies for Attracting Repeat Customers In China
China is a large and diverse market, so global brands have found it increasingly difficult to lure and retain repeat customers. Without the right marketing strategy, even the most acclaimed brands can fail or lose market share to upstart competitors.
👀 New Technologies
🏮 A little bit of Culture
RADII– May 11, 2021
6 Stunning Statistics from China’s Population Census
The Population Increased to 1.412 Billion, second Children Made Up 50% of All Newborns, the Average Age of People in China is 38.8 Years Old…
RADII– May 13, 2021
“Not Girlboss” — Female Rapper NINEONE Blasted Over “Anti-Feminist” Speech
The 2021 internet buzzword for China’s rising feminist movement is “男女对立” — “antagonism between the sexes”. Just a week ago, the expression trended again on Weibo after an on-stage statement by female rapper NINEONE.