Fintech Disruptors from the East
Business Insider’s recent report on “Fintech Disruptors from the East,” highlights Ant Financial and Tencent’s rapidly growing financial services ecosystems.…
The WeChat Transformation of Luxury Brands
From a luxury brand’s point of view, the impact of digital technologies on consumer purchases can no longer be ignored. While the proportion of onlinesales contributing…
8 ways WeChat can help luxury brands reach Chinese consumers
The luxury Chinese consumer expects a fully integrated shopping experience. Photo: Luxury Conversation There’s no doubt that China is the place to be for luxury…
5 Reasons Why Luxury Brands Can’t Afford to Skip WeChat Marketing
Photo: Shutterstock By Lionel Sim Lionel Sim, Jing Daily brand contributor, is the founder of China Tech Roundtable…
Rapid Growth in Demand for Online Services in China
Online services are one of the fastest expanding industries in China. Chinese consumers and companies are more willing to pay for online services than before. It…
Consumer Electronics Consumption Is on the Rise in China
Chinese consumers are becoming more aware of international brands, which is reflected in the increased demand for overseas products. High-quality food, cosmetics,…
China’s Lap of Luxury
China’s affluent upper-middle class is an enticing prospect for the world’s designer brands. The global luxury industry has become increasingly reliant on China’s…
The Demand for Foreign Baby Care Products in China
The baby care industry in China has grown steadily since China ended its One Child Policy in 2016. The total sales of baby care products are predicted to rise at…
Just for the Health and Wealth of It
China boasts a booming middle class and higher incomes across the board. As a result, Chinese consumers aren’t just buying more, they are more selective, demanding,…
The “Beauty” of China Cross-Border E-Commerce
Chinese consumers like to buy premium quality imports — from luxury and fashion, beauty and skincare, mom and baby goods, electronic products, to healthcare…
Citcon won "Excellent Service Award 2018" by WeChat Pay
"Excellent Service Award 2018" - Citcon is excited to be recognized by WeChat Pay as the only payment partner in the US market for the outstanding solution and services,…
2018 Trends for Mobile Payment in Chinese Outbound Tourism
Traveling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics…
How Western Retailers Can Adapt to Chinese Consumers' Love of Mobile Payments
Smartphones have revolutionized our lives more than almost any invention in the past 15 years. They’ve improved the way we receive our news, keep up with work…
China Has A $1 Trillion Ecommerce Market - Here's How Western Companies Miss Out On Their Share of Customers
The last two years have been dubbed the period that Chinese ecommerce shoppers officially took off. A report by Nielsen showed that from “a 12-month rolling average…
The Hospitality Industry's 1 Weakness When It Comes to Chinese Consumers
The U.S. hospitality industry alone is a multi-billion market. While it primarily relies on the consumers overall leisure time and disposable income, there’s plenty…
Western Retail Companies Need to Offer Mobile Payment Options - Or Risk Losing Chinese Consumers
The past few years retail companies in the U.S. and Europe probably noticed an uptick in sales from Chinese consumers. That’s because this demographic is traveling…
Your Guide to Alipay and WeChat Pay & How to Grow Business with Chinese Consumers
It’s a given that businesses are always looking for an easy, cost effective way to add new customers. Often times they must invest more in their product, marketing…
Wannabe WeChat Merchants: What You Need to Know
In China, digital colossus WeChat has been successful at luring customers to pay for everything from food to travel to luxury handbags on the company’s app.…
Integrating Mobile Payments to Attract New Customers from China
There is no denying that mobile payments—and mobile wallets—are the future. The total revenue of the global mobile payment market is supposed to surpass…
THREE QUESTIONS With Wei Jiang, COO of Citcon
BY REBECCA RENNER April 27, 2018 Wei Jiang is the president and chief operating officer of Citcon, Inc., a mobile payment and marketing platform that…
US merchants adopt Chinese app payments to draw big spenders
A display promotes WeChat Pay and Alipay during the Money 20/20 conference in Las Vegas, Nevada. © Reuters NEW YORK — In China, Zhang Youtian…
The Chinese Tourist Was Front and Center for Alipay and WeChat Pay in 2017
It’s hard to understate how ubiquitous mobile payments have become in China. Everything can be purchased through Alipay and WeChat by scanning a QR code.…
U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments
With over one billion users combined, two of the largest digital payment providers, Wechat Pay and Alipay, have finally launched their technology in the United States. Even…
In Urban China, Cash Is Rapidly Becoming Obsolete
A Shanghai clothing market that allows customers to pay using the apps Alipay and WeChat.Credit Yuyang Liu for The New York Times SHANGHAI — There is an audacious…