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Three emerging trends apparent in 2017 Singles Day
Chinese e-commerce giant will invest more than US$15 billion over the next three years into a global research and development programme, which includes seven research labs in five countries.
Chinese urban consumers’ spending in fast moving consumer goods (FMCG) in the third quarter of 2017 grew by 3.6% from a year ago, indicating a clear recovery.
Alibaba reports Q1 revenue grows 56% from a year ago, while net income nearly doubles. Kantar Retail analyses the emerging direction of Alibaba’s structural change for future.
Spending in FMCG in Q2 grow by 3.2% on yearly basis, noticeably stronger than previous quarters. Key cities and provincial capitals grow slightly faster, up 3.4%, with e-commerce remaining a key engine.
The cashier-free Tao Cafe is opened for a trial on July 8.
Spending in fast moving consumer goods (FMCG) grows by 4.3% from a year ago, which is 0.7 percentage point higher than that in 2016 and the fastest in three years. View more
How retailers respond to consumers’ changing needs brought by ageing populations, shrinking households. View more
Consumer spending on FMCG in China grew by 5.5% for 12 weeks ending November 3, 2017 compared to the same period last year. View more
Since November, 2017, Chinese visitors have had the option to purchase goods with the mobile payment platform WeChat Pay at Camden Market in London. View more
Managing Director, North Asia, Kantar Retail
Bernhard Wessels is the Managing Director, North Asia, Kantar Retail.
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Consultant, Market Insights China Lead
Han Yang is Consultant, Market Insights China Lead, Kantar Retail.
Analyst, market insights China team
Yvonne Xu is an analyst on the Kantar Retail Market Insights team based in Shanghai.
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