China’s Internet in 60 seconds

2/17/2020

The translation results below are generated by AliCloud’s machine translation engine and is purely for reference only. Premia Partners does not take responsibility for the accuracy or appropriateness of the content, and where the meaning differs from the original in English, the original version prevails.

What’s happening in 60 seconds on China Internet? Actually, more than you can imagine! Here are just some of the most impressive nuggets on what has happened in China’s digital online world in just 60 seconds: 42m voice messages sent though messaging app WeChat, 8.3m videos watched on video-sharing social platform TikTok, 8k orders made on e-commerce platform Pinduoduo, RMB 8.6m transacted on e-commerce platform Tmall, RMB 15m paid through digital payment app Alipay, 56k drivers picking up passengers through ride hailing app DIDI, etc.

As you may notice, the Chinese Single’s Day sales has grown at an exponential rate over its decade long history. 2019’s combined U.S. Black Friday and Cyber Monday sales for all merchants totalled about $17 billion, while Single’s Day alone generated $38 billion US dollar sales in 24 hours.

Deep dive into a shorter timeframe - What’s happening in 60 seconds on China Internet? Actually, more than you can imagine! Here are just some of the most impressive nuggets on what has happened in China’s digital online world in just 60 seconds: 42m voice messages sent though messaging app WeChat, 8.3m videos watched on video-sharing social platform TikTok, 8k orders made on e-commerce platform Pinduoduo, RMB 8.6m transacted on e-commerce platform Tmall, RMB 15m paid through digital payment app Alipay, 56k drivers picking up passengers through ride hailing app DIDI, etc.