eTALK China Insights: Chinese Digital Megatrends Series – Foundations of the Chinese E-Commerce System

Vast Digital Userbase Image Source: iResearch, CNNIC, MOFCOM, eMarketer and sampi.ioChina has a scale advantage compared to the rest of the world – approx. one billion internet users across the nation.This massive userbase acted as the building block for China becoming the largest e-commerce market.This is all possible thanks to the virtuous cycle propagated by the fast growing mobile payment penetration in conjunction with the large internet userbase. Pressure to Quickly Scale Image Source: Sekkeistuddio.comChina’s population is densely concentrated in…

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eTALK China Insights: Tightening Regulations

Tech Company Share Prices are Falling! China has recently been cracking down against monopolies and internal anti-competition agreements.Since late 2020, new regulations have been regularly enacted.As a result, the share prices of Chinese tech giants such as Alibaba, JD and others have been falling sharply.The Chinese State is taking action due to the high market shares occupied by a few large players.While Alibaba's held 56% of the e-commerce market in 2021, Meituan led the food delivery market with 67%, market…

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