China

China's NetEase Kaola extends offline presence

Insights

22-Jan-19 Cross-border e-commerce platform NetEase Kaola will open 15 brick-and-mortar stores during 2019 in a bid to keep up with the Chinese new retail boom. The latest store sells over 3,000 SKUs including cosmetics, maternal and child, luxury, electronics and sportswear. [image: NetEase Kaola]

AliPay grows overseas with China outbound tourism

Insights

21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

Made in China moves to Indonesia

Insights

16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]

In 2018 Chinese tourists traveled in greater numbers

Insights

14-Jan-19 Despite the economic slowdown, Chinese tourists did not reduce their foreign travel in 2018, making 140 mn trips abroad, up 13% from 129 mn in 2017. At the same time, domestic tourism within China also increased steadily at 11%. [image: Tourism Review]

Alipay now has over 1 billion users worldwide

Insights

10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]

China's NetEase Kaola extends offline presence

AliPay grows overseas with China outbound tourism

Made in China moves to Indonesia

In 2018 Chinese tourists traveled in greater numbers

Alipay now has over 1 billion users worldwide

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