China Digital
China Search Engine Market Share – November 2013 Results
Baidu, Chinas largest search engine, is loosing market share as its competitors become stronger. While their volume still ranked first at 63.55%, it has decreased monthly by 0.31%. 360, another top SEM in China, ranked second, increasing its search engine market share volume from 1% to 21.84%. Sogou and Google were ranked third and fourth. Except for Baidu, 360, and Sogou, other search engines such as Google and Microsoft Bing, all dropped below 3%. During November only 360, Sogou, and Youdao had a growth in market share. Soso had the biggest drop in volume share, decreasing by 1.4% and Sogou grew by 0.74% monthly. This is potentially attributed to the recent integration of the two companies.
Source:China Internet Watch
China Digital
Taxi Market
Alibaba Group and Tencent Holdings are in direct competition for China’s taxi hailing app market. These two Internet giants own and operate the Kuaide and Didi apps respectively, and are fighting for market share party due to the unprecedented success of Uber. Kuaide was ranked the top app in the third quarter and after its absorption of competitor Dahuangfeng, its national market share exceeds 50%. Kuaide covers nearly 40 cities across China, whilst Didi services approximately 15. Reports suggest that whichever company wins the battle, will ultimately lead in the future operation of O2O (online to offline).
Source:Want China Times
China Digital
Walmart Enters Free Trade Zone
Due to liberal policies in the Shanghai free trade zone, Walmart is entering the third-party payment market. Walmart previously acquired B2C e-commerce website Yihaodian, however due to regulations, the company was unable to operate a third-party payment platform. Consequently, the company moved its business to its newly established corporation within the zone – Niuhaidianshang – as the zone encourages foreign investment. This strategic move enables the multinational retail chain to run both third-party e-commerce and value added telecommunications businesses.
Source:Want China Times
China Digital
Shenzhen Courier Firm Works on Revolutionizing Delivery
Those living in Shenzhen can now directly pick up goods that they’ve purchased online from various hotspots within the city without having to go through the agony of waiting for items to be delivered to them. The service was created by a Shenzhen based company called Mail World, and was one that made it so that 5,000 orders placed on Taobao and Tmall during Double 11 reached the shoppers for free. Mail World has partnered with over 1,000 retail stores, barber shops, bakeries, and other community shops in order to offer the service. Employees at these partner stores receive training and are paid by Tmall and Taobao for their services. Goods delivered via this service are limited to a maximum cost of 3,000 yuan ($495 USD). In addition to these hotspots, Wang, Mail World’s founder, is also looking to incorporate an online-to-offline business model into a more community-based service. This service would allow potential buyers to test out goods at a high-street store and then order the goods online to be picked up from a nearby location.
Source:Want China Times