So, what’s up in China? 🇨🇳 Issue 51, covering 9 – 15 November.

  1. Double 11 2020: Tmall + JD sales exceeded US$ 116 billion (China Internet Watch)
  2. In Q3 2020 Tencent generated a revenue of RMB 125.5 billion ($18.9 billion), up 29% YoY (pandaily)
  3. The State Post Bureau predicts the total parcel volume for Singles’ Day to reach 3 billion (KrASIA)
  4. ByteDance to generate over US$27 billion in ad revenue by the end of 2020 (Tech in Asia)
  5. China publishes draft competition rules for online platforms aimed at preventing monopolistic behaviour (Reuters)
  6. Tencent admits Big Tech needs more regulation to reflect new reality in China (Nikkei Asia)
  7. China aims to have vehicles with partial self-driving technology account for 50% of all new-auto sales by 2025 (Nikkei Asia)
  8. China’s total passenger numbers were 50.32 million in October, that’s 88.3% of the level a year earlier (Reuters)
  9. In Yunnan province (country’s largest remaining poor population), the last 9 counties were delisted from the poverty-stricken region list (China Daily)

If you like these weekly digests — let us know below by giving this article a 5 star.

✅ You can now follow #ashleytalks on LinkedIn for daily insights on China.
#china #ecommerce #digitalmarketing #consumerbehaviour #marketingdigital #socialmediamarketing #marketing #socialmedia #contentmarketing

Check out our range of FREE resources of blogs, mini books and reports to see our latest insights on Chinese consumers and marketing in China. Contact us if you would like to get in touch to discuss your China strategy.

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active
Save settings
Cookies settings