Over 82% of new homes in China utilize smart home systems
Homes in Chinese cities are getting smarter and smarter. From fingerprint locks to vacuum robots and smart pet sitters, big data and AI-based smart home assistance system is gradually entering the average Chinese households. Due to the fast-growing loT (internet of things) market, along with government support and the increasing awareness of advanced technology among […]
Soul: The Chinese dating app that brings Gen-Z into the Metaverse
Founded in 2016, the Chinese algorithm-driven app Soul created a new-style social media metaverse dating app especially designed for the Generation Z. The app aims to provide users a free, safe, and fun environment to express their feelings and build connections through interest sharing and deep conversations. Unlike other dating apps and social networks, Soul […]
TMall Heybox app: Unwrapping the secret behind successful new product launches in China
As product launches are a crucial tool for companies to foster sales growth and enhance brand awareness, in 2017, Alibaba Group‘s B2C online marketplace Tmall decided to provide its merchants with a dedicated channel to support the releases of their new products. Newly released items on the Tmall Heybox app generated an increasing amount of revenues within three […]
Riding the experiential retail trend: Inside Nio and Huawei’s neighbourhood stores in China
Experiential retail is the focus on establishing a captivating and shareable experience for consumers once they enter through the doors. Experiential retail differs from traditional retail in that its main goal is to prioritize customer engagement and senses – not sales. Businesses in China are no stranger to the world of experiential retail; they work […]
Will there soon be flying cars in China? Xpeng says flying cars will be a regular part of daily life by 2040
Ever since the ancient times, Chinese people have always fantasized about driving in the sky. Imaginary depictions of air-crafts that could take off and land vertically in massive rural regions appeared in a famous Chinese mythological novel ‘Classic of Mountains and Seas’ (山海经) written from more than two thousand years ago. Today, this myth doesn’t […]
Beijing focuses on edge computing in China: 7 of the top 10 edge computing patent submitting orgs are Chinese
The Chinese edge computing industry is a relatively young market. Edge computing is a form of computation that is performed on-site or adjacent to a specific data source, which minimizes the need to process data remotely in the data center. Edge computing can be used in many ways, including security and medical monitoring, self-driving cars, […]
The future of the MOOC market in China amid the education crackdown
Massive Open Online Course (MOOC) is an online learning ecosystem featuring unlimited participation, openly accessible curriculum, and interactive features. MOOCs have gained vast popularity in China since 2013, allowing millions of Chinese learners regardless of location, schedule, and financial constraints to access quality education. The overall e-learning market grew exponentially and reached maturity in 2018. […]
Foodtech in China: Is this the answer to national food self-sufficiency?
China’s most popular C2M platform Pinduoduo has recently overtaken Chinese E-commerce giant Alibaba as China’s top shopping site. Although Pinduoduo is now king among Chinese E-commerce platforms in active users, it has yet to achieve profitability. So in order to become profitable, Pinduoduo is now focusing on Foodtech. As executive director Xinyi Lim puts it: […]
How Augmented reality (AR) in China is finding its way into retail
The augmented reality (AR) market in China has gone through a period of rapid development for more than 20 years. In 2016, the scale of the AR in China was approximately 3.3 billion yuan. It reached 14.5 billion yuan in 2017, a year-on-year increase of 329.2%. In 2020, the market exceeded 118.7 billion yuan. Augmented Reality […]
Considering regulations, is the NFT market in China overhyped?
The most widely known application of blockchain technology is cryptocurrencies such as Bitcoin and Ethereum, however, NFT (Non-Fungible Tokens) has become increasingly popular since the beginning of 2021. It has attracted a wave of venture capital funds, allowing traceable digital goods to obtain unimaginable speculative value. The NFT market in China is still in the […]
Top 5 online audio platforms in China: What drives the booming audio economy
Online audio refers to the audio content that is listened to through network or streaming media, which can also be downloaded to personal digital devices, thanks to the development of mobile internet. Online audio takes many forms including audiobooks, podcasts, network radio stations, voice live streaming, audio drama shows, interactive entertainment and so on. The […]
The digitalization of the dance market in China
According to Zhiyan Consulting, the dance market in China was about 36 billion yuan in 2019. They predict that by 2025, the it will reach 93 billion yuan, showing around 20% YoY growth. The main group of the population interested in dancing is the youth. It is estimated that around 262 million people in China […]