Metaverse in China

Introduction The term around the so-called metaverse always causes a stir with various news. What is the metaverse? What role does China play in it? What are the differences between a Western and a Chinese metaverse? Which companies and apps do you have to know about? This blog article provides a comprehensive introduction to the topic! Source: Reuters 1. What is "Metaverse"? Simply put, the metaverse connects the real and virtual worlds. The word is composed of "meta" and universe.…

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Online Payment Tools in China

Online Payment Tools in China
Online Payment Tools in China

Part 1 - Online Payment Market Overview Considerable and growing online payment market With the online shopping market valued at an estimated $1.2 trillion, China is an e-commerce behemoth filled with emerging trends and an unsatiable demand for increasingly more convenient and faster payment methods. In recent years, China’s large population, in conjunction with its rapidly growing digital technology penetration allows for its e-commerce sales to increase at an incredible rate. However, since internet and smartphone access, which stands at…

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Short Video Platform – Kuaishou Guide

As a short-video-based app with live streaming function, Kuaishou (Chinese: 快手), has gained great attention in Chinese social media. Domestic companies use Kuaishou to target users from lower-tier cities. With its authentic network and an increasing number of celebrity users, the app excites people of all ages. Through this Kuaishou guide, you will learn the opportunities and challenges for e-commerce players on the Short Video platform. 1. A quick tour to Kuaishou 1.1 Kuaishou: innovative and based on short videos.…

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