Notable Facts:

• Baidu and Google have grown their market share at the expense of the smaller players like Yahoo! and Sogou
• Sina (with 49% share) dominates traffic to web sites for non-search purposes with Sohu & Netease following the lead
• Google Vs Baidu demographics show close correlation in age, gender and education level
• The Survey only covered Beijing, Shanghai and Guangzhou - all very different from general market (and future growth)
• Google’s market shares have increased in all the three cities over the last six months, with the strongest recovery in Shanghai

For more information: download a China Search Engine Report(pdf) or contact Peter Bowang Lu at iaskchina.cn

Filed under: Reports - China, Internet Development, Globalization | 2 Comments »

I’ve written on Chinese payment companies before, and noted the vast advantage Alibaba’s child company, Alipay, has over its competitors. Well, today my friends at Maverick China Research released a report outlining the current state of third-party payment services and Alipay’s current dominance of the market.

A brief summary follows:

• Companies Profiled: China UnionPay, Union Mobile Pay, Alipay, Smartpay, Yeepay, IPS, Chinapay,
  99Bill , Tenpay, PayEase
• Multi-channel payment options are available to Alipay users, including online bank transfer, cash, and direct debit solutions.
• Alipay has signed partnerships with over 300,000 merchants in China.

But, of course, AliPay’s true advantage is Jack Ma - who could argue otherwise?

The report can be found here

Filed under: China Market Trends - Daily Online Usage Trends | 1 Comment »

From a press release earlier today:

YeePay, a leading payment service provider in China, announced today that it has partnered with EachNet to provide payment solutions for its newly re-launched consumer-to-consumer online marketplace. As the sole payment provider working with EachNet[NTES], YeePay manages the money flows for EachNet’s escrow payment service, which allows buyers and sellers to send and receive payments. YeePay also provides user identity verification service for EachNet.

So what does mean? Not much other than that eBay is increasingly aiming to build partnerships with local companies thus hoping to establish a better relationship with China’s market and goverment. But with Alibaba (TaoBao owner) competing with its own Chinese PayPal system, it’s hard to imagine eBay[EBAY] achieving any reasonable progress. Why? Simply put, TaoBao is the eBay/market place of China - wherever TaoBao goes, the market goes.

Filed under: China Market | »