Alipay achieved the trade of 19.1 billion RMB in one day on "Single Day" sales. [Infographic]

In China, November 11 is a day called "光棍节(Singles Day)" for people who are living the single life. The largest online payment service "Alipay" achieved the trade of 19.1 billion RMB in one day on that day. Next infographic is the time series of this achievement.

0:10  Their transaction amount hit 250 million RMB.

0:37  Their transaction amount hit 1 billion RMB.

1:10  Their transaction amount hit 2 billion RMB.

2:19  Their transaction amount hit 3.37 billion RMB, and this number is total amount in the previous year.

8:16  Their transaction amount hit 5 billion RMB.

11:18  Their transaction amount hit 7.9 billion RMB, and this equal to the amount that  Cyber Monday recorded in the previous year.

13:38  Their transaction amount hit 10 billion RMB.

Total transaction amount was 19.1 billion in a day.

Other data:

1. Total amount is 19.1 billion RMB, and this breakdown is as follows:

Tmall     13.2 billion RMB

Taobao   5.9 billion RMB

2. Total UV was 213 million people.

3. Total number of orders was 105.8 billion times.

Source => Tmall official account on Sina Weibo

Xiaomi CEO Leijun announced that Xiaomi will start to sell their set-top box on November 14th.

On the Sina Weibo, Xiaomi CEO Leijun announced that they will start to sell the set-top box on November 14th.

"I have tested it fixed time, and I was convinced that  this will become the best product in our history. It will start to sell on November 14th.", he said on Sina Weibo.


According to the news, the price of this set-top box "Bingo" will be 499 RMB(= 79.21USD). This set-top box was equipped with customized Android, and this can support Airplay and DLNA, and user can use Android devices and iPhone as this remote controller.


Xiaomi continue steady advance on their mobile devices, but we have to keep attention whether they can keep or accelerate their advance or not.


Source => China Daily, Tech Web

The size of Chinese B2B EC market reached near 3.5 billion RMB in the third quarter, but its growth rate is little bit slow.

According to the report from Eguan, the size of Chinese B2B EC market reached reached 3.45 billion RMB(= 0.55 billion USD) in the third quarter.

It increased 1.8% compared with the previous period, and increased 13.1% compared to the previous year. It can be said that its growth rate is little bit slow after Q2 of 2011.


Next is the market share of B2B EC sales by each companies.

#1 Alibaba   47.4%

#2 Global Sources  9.0%

#3 HC360  4.4%

#4 Made-in-China  3.3%

#5 DHgate.com  2.0%







Alibaba still domain near half of Chinese B2B EC market, but its market share decreased 5.9 point compared with Q4,2011. Global Sources also decreased their market share, and it decreased 6.0 point compared with Q4,2011.


According to the report by eMarketer, Chinese B2C EC market is estimated high growth rate. Its growth rate is estimated increasing 94.1% compared with 2011, and the number of online buyers on the mainland will rise to nearly 220 million people this year.

B2B EC market continue slow growth rate, but Eguan said that B2B2C market will be promising market in near future. We have to keep watching the trend and action of each related companies.



Source => Eguan-1, Eguan-2, eMarketer

The sales revenue of Chinese online ads was 20.42 billion RMB in the third quarter.

According to the report from Eguan, the sales revenue of Chinese online ads was 20.42 billion RMB(= 3.24 billion USD) in the third quarter.

It was increasing 16.0% compared with the previous period, and was increasing 46.0% compared with the previous year.

The breakdown of its revenue was as follows:

Third quarter, 2012

Keyword Ads   39.8%

Banner Ads       24.8%

Email Ads            0.9%

Video Ads          19.1%

Other                  15.4%

Next is the pie chart of market share by each Ads platform vendors.

#1  Baidu      31.3%

#2  Alibaba  14.2%

#3  Google China  6.1%

#4  Tencent   4.7%

#5  Sohu         3.9%

#6  Sina          3.7%

#7  Sofun       2.4%

#8  Youku       2.3%

#9  Qihu 360  1.8%

#10  NetEase  1.2%

#11  Tudou      1.0%

Other   27.4%

Baidu dominate almost one-third market share of this area. And big 4 portal site, such as Tencent, Sohu, Sina and NetEase also ranked high order.

What will be the next trend in this area? I think that one of them is mobile Ads, and another is Ads on Weibo. Both are rapidly growing market, so we have to keep attentions these trend.

Source => Eguan 1, Eguan 2

Alipay started to provide their open platform service for corporate users.

Alipay started to provide their open platform service for corporate users yesterday.

They publish APIs of payment, accounting, billing, trade, sales and so forth. At the moment, Alipay only provide its APIs to the corporate user, but they will also provide them to the personal users in near future too.


According to the report from Eguan, Chinese online payment market size was 976.4 billion RMB(=155.04 billion USD) , and Alipay have 46.9% market share in the third quarter.

They would like to increase their partner by this open platform, and it seems that they would like to establish their firm position in the Chinese online payment market as ever.


Source => Sohu IT, Eguan-1, Eguan-2

Taobao also started to provide their own map service.

Last week, the biggest BtoC EC site in China, Taobao started to provide their own map service.

Taobao will start to enhance each area service via this map, and would like to accelerate their O2O business, such as LBS Ads. And they now already have over 100 million mobile user, so they will surely accelerate their mobile solution relies on this map service.


Baidu also formally established LBS division and upgraded their map API few weeks ago, so it means that their fight already started in this field too. This fight is also a highlight in Chinese Internet market.



Source => Looooker

MIIT said 3G mobile phone user exceeded 200 million people in China. The ratio of smartphone is rapidly increasing.

MIIT(Ministry of Industry and Information Technology of the People's Republic of China)  said Chinese 3G mobile phone user increased 10.08 million people in this month, and its user totally reached 202.639 million people as of September.

And they said the share of 3G user number by each career as follows.

As of September, China Mobile have 75.595 million 3G users, and China Unicom have 66.863 million 3G users, and China Telecom have 60.181 million users. As I said before, 3G market in China is still in the situation of competitive.


MIIT also said that smartphone shipment is rapidly increasing, the total its shipment was 172 million units as of September, and its number is increasing 183.4% compared to the previous year. In addition according to them, 83.2% of smartphone shipment was Android devices.


Total number of Chinese mobile user was 1.0847 billion at the same period of time, so Chinese mobile market may be more accelerating in future.



Source => IThome