WeChat Mini Program AR shopping experience WeChat Mini Programs now enable brands to develop AR feature for the first time. As a pilot launch, WeChat collaborated with Armani to launch an AR lipsticks testing experience. Users are able to personally try on different lipsticks simply by clicking on the various colors. Users are also able to upload a picture to …
618 Sales Data 2019: Tmall growth slows down; Pinduoduo traffic up 48%
The second-biggest shopping festival in China, 618 mid-year sales (named after the date June 18th), happened just a couple weeks ago. Here are 618 sales data from different platforms showing a clear growth trend and some surprising shift of power dynamic within the e-commerce space. 618 data comparison between major e-commerce platforms According to QuestMobile, the overall mobile e-commerce traffic …
WeChat released new “recommended products” e-commerce function
Tencent is and has almost always been in a deadly fight against its arch-rival Alibaba for the domination of online payment, social sharing, e-commerce and more. The release of “recommended products” (好物圈) inside WeChat is, therefore, a major move for WeChat to move closer to e-commerce and compete against Alibaba. Let’s take a closer look at this feature. What is …
WeChat Official Account live streaming – How to create one and case studies
WeChat launched a live streaming feature for Official Accounts. How does it work and is it the next big thing to sell your products? How does WeChat Official Account live streaming work? How to create an Official Account Live Stream? Tencent Live Streaming team is still testing this new feature, and only a few selected KOL (key opinion leaders) were …
WeChat Management Culture: a Sneak Peek
WeChat, created by Allen Zhang, became an integral part of the life of anyone living in China, with more than 1 billion users as of 2019. Yet, how did Allen Zhang’s 2,000-people WeChat team manage to revolutionize the way Chinese users communicate, share, pay, and more? A flat yet top-down structure The organization structure of WeChat is very flat. Allen …
Tencent Q1 2019 Results: Growth Slows Down
Tencent just released their financial results for the first quarter of 2019. The report shows a slowing growth and a company evolving toward payment services. Revenue growth Tencent has experienced steady growth of its revenue over the last year, reaching 85.5 billion RMB for Q1 2019 at a 16% YOY growth rate. These figures would seem impressive for any other …
China Digital Luxury Report 2019
China Digital Luxury Report 2019 Every year, WalktheChat compiles the best data from digital luxury analysts into one report packed with insights. This year we combined data from McKinsey, Bain, BCG and Tencent in order to give you a snapshot of the Chinese Digital Luxury market as of 2019. The global personal luxury goods market is expected to grow from …
What is Yunji? And what can we learn from its IPO?
You might not have heard of Yunji, one of the latest giants of Chinese social commerce. Yet, it just went IPO on the Nasdaq, raising $121 million USD. Who is this new booming social commerce company? What kind of company is Yunji? Like Pinduoduo, Yunji is a social commerce company relying mostly on WeChat sharing in order to generate sales. …
Interview with the man who created 3 top ranking WeChat Mini Programs
Creating the most popular Mini Program is like an impossible task. Brian Ru, the founder of Xiaoniangao, created not just one, but THREE Mini Programs that ranked on the top 30 list! This is no coincidence. No. 1 Mini Program – Xiaoniangao The main Mini Program is Xiaoniangao (小年糕+, literal translation into Little Rice Cake), it kept the record as the No. …
China’s First-time Internet User Data Report
As we are sitting here within the 5th ring road of Beijing, it is hard to imagine that 40.4% of the Chinese population still doesn’t have access to the Internet. As this population gains access to the mobile Internet at a faster pace, it generates tremendous opportunities for entrepreneurs and marketers. Penguin Intelligence published the 2019 China Internet Trend Report. …