What happened on the Chinese Internet in one minute?
We can’t imagine the number of things happening in one minute around the globe, especially on the Internet. Indeed, Internet has no time and space barriers so everything is really fast. For example, in one minute, 47,000 applications are downloaded on the different app platforms according to data from Intel, Amazon sells products for a total value of $ 83,000, but there is also an impressive 6 million views on Facebook and 277 000 logins.
Now if we analyze the figures for China, we can notice that the Internet landscape is different and that there are unavoidable websites. Here are the main ones:
Taobao is a website for online shopping (similar to eBay and Amazon). It is operated in the People’s Republic of China by Alibaba Group.
Founded in May 10, 2003, Taobao facilitates the marketplace of consumer-to-consumer (C2C). 370 million users are registered.
- In one minute, Taobao records 148 000 unique visitors.
360buy Jingdong Mall is the largest B2C online retailer in China. Since 2012 its English website en.360buy.com, became available for worldwide shipping.
It offers more than one million products and thousands of brands across 12 categories including computers, home appliances, houseware apparel, mother and childcare products, books, grocery, and gourmet food as well as flight tickets.
It ships to 35 countries such as America, Canada, France, Germany, Australia, and Southeast Asia.
- In one minute, there are 486 orders on jd.com.
Dangdang is one of the major players in the Chinese e-commerce. Founded in 1999, it specializes in online sale of books. In November 2010, the company is listed on the Stock Exchange. It now counts among its main competitors 360buy above.
- In one minute, Dangdang records 10 orders.
Suning is an actor very present with its physical stores (more than 1300 through China) but he also decided to create his web site to obtain an additional revenue stream. It is also in direct competition with 360buy.
- In one minute, Suning accounts 1 042 orders.
Discover more about e-commerce in China in this article.
System of Payment
Alipay is an affiliate of Alibaba Group. It is an online payment platform. It has the biggest market share in China with over 700 million registered accounts. Alipay is partners with more than 100 financial institutions (example: Visa and Mastercard). It provides payment solutions for the websites such as Taobao.com or Tmall.com. Alipay is international, so it connects more than 300 worldwide merchants directly to consumers in China. It currently supports transactions in 12 major foreign currencies.
- In one minute, Alipay records 73 000 payments.
The telecommunications industry in China is dominated by three state-run businesses:
China Mobile is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network. It is listed on both the NYSE and the Hong Kong stock exchange.
Since 2012, China Mobile is the world’s largest mobile phone operator by subscribers with about 703 million.
- In one minute, China Mobile earns 246,000 yuans.
China Telecom is a Chinese state-owned telecommunication company. It is the largest fixed line service and 3rd largest mobile telecommunication provider in China.
- In one minute, China Telecom earns 28,000 yuans.
China Unicom is a Chinese state-owned telecommunication, it was established in 2009. It is the merger of China Netcom and China Unicom. It has subsidiaries in 31 provinces across China and many countries and regions around the world.
- In one minute, China Unicom earns 14,000 yuans.
Sina is a Chinese online media company for Chinese communities around the world. There are four main businesses: Sina Weibo, Sina Mobile, Sina Online, and Sina.net. It has over 100 million users worldwide. The Chinese social networking service has more than 500 million users with 20 million new users per month.
- In one minute, there are 96 000 updates of blogs.
Tencent has several subsidiaries that provide Internet and mobile services (social networks, web portals, e-commerce and multi-player games online) as well as services of online advertising.
In the world, it is the third company in the Internet industry behind Google and Amazon. Its turnover is 19.6 billion yuans.
- In one minute, Tencent earns 8 500 Yuans.
Qzone (QQ) is a service which permits users to write blogs, keep diaries, send photos, and listen to music. It was created by Tencent in 2005. However, most Qzone services are not free. A mobile version is available at extra cost. It is rapidly growing: as of September 2012, it already had 597 million users.
It is the largest online community in the world. The number of simultaneously connected QQ accounts has sometimes exceeded 100 million.
- In one minute, Qzone records 13 900 uploads of photos.
Sohu and its subsidiaries offer many services such as a search engine or on-line multiplayer gaming etc. The revenues and Net income increased fast. In fact, Sohu was ranked as the world’s 12th fastest-growing company by Fortune.
- In one minute, Sohu gathers approximately 12500 visitors.
Baidu offers many services, including a search engine for websites, audio files, and images, an online collaboratively encyclopedia. It offers many services including an encyclopedia Baidu Baike. In 2012, Baidu has been ranked 5th overall in the Alexa Internet rankings. (See also the article about Baidu SEO here).
- In one minute, Baidu records 3,47 million researches made.