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Fintech Disruptors from the East

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.…

admin June 18, 2019
The WeChat Transformation of Luxury Brands

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…

admin May 29, 2019
8 ways WeChat can help luxury brands reach Chinese consumers

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…

admin May 29, 2019
5 Reasons Why Luxury Brands Can’t Afford to Skip WeChat Marketing

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 (互圆).…

admin May 29, 2019
Rapid Growth in Demand for Online Services in China

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…

admin May 28, 2019
Consumer Electronics Consumption Is on the Rise in China

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,…

admin May 28, 2019
China’s Lap of Luxury

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…

admin May 25, 2019
The Demand for Foreign Baby Care Products in China

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…

admin May 17, 2019
Just for the Health and Wealth of It

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,…

admin May 10, 2019
The “Beauty” of China Cross-Border E-Commerce

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…

admin May 3, 2019
Citcon won "Excellent Service Award 2018" by WeChat Pay

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,…

admin March 26, 2019
2018 Trends for Mobile Payment in Chinese Outbound Tourism

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…

admin January 25, 2019
How Western Retailers Can Adapt to Chinese Consumers' Love of Mobile Payments

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…

admin July 6, 2018
China Has A $1 Trillion Ecommerce Market - Here's How Western Companies Miss Out On Their Share of Customers

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…

admin July 3, 2018
The Hospitality Industry's 1 Weakness When It Comes to Chinese Consumers

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…

admin July 2, 2018
Western Retail Companies Need to Offer Mobile Payment Options - Or Risk Losing Chinese Consumers

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…

admin June 27, 2018
Your Guide to Alipay and WeChat Pay & How to Grow Business with Chinese Consumers

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…

admin June 27, 2018
Wannabe WeChat Merchants: What You Need to Know

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.…

admin June 4, 2018
Integrating Mobile Payments to Attract New Customers from China

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…

admin May 31, 2018
THREE QUESTIONS With Wei Jiang, COO of Citcon

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…

admin April 27, 2018
US merchants adopt Chinese app payments to draw big spenders

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…

admin December 19, 2017
The Chinese Tourist Was Front and Center for Alipay and WeChat Pay in 2017

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.…

admin December 10, 2017
U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments

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…

admin November 23, 2017
In Urban China, Cash Is Rapidly Becoming Obsolete

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…

admin August 2, 2017