Industry Volanews

CHINA Industry Digital Economy

China's Digital Economy Triples to 35.8t Yuan: Cyberspace Official Digitalization has brought profound changes to work, life and society in many aspects and continuously met people's needs for a better life.

by ChinaDaily

2020-11-16

CHINA COOL TECH SELF-DRIVING

China Wants Self-Driving Tech in Half of New Cars by 2025 China in 2017 called for level 2 and 3 vehicles to make up 25% of new-car sales in the world’s largest auto market by 2025.

by KrAsia

2020-11-13

CHINA E-COMMERCE GIANT ALIBABA

Alibaba Expects Livestreaming E-Commerce Penetration Rate to Reach 30% The number of transactions conducted on Taobao Live in just the opening 10 minutes of this year’s presales on October 20 exceeded that of last year’s entire event, according to data from Alibaba.

by KrAsia

2020-11-12

CHINA INDUSTRY REPORT ICT Market

China to Invest 800b Yuan on 5G in Next 5 Years The scale of China's ICT market (including the third platform and innovative accelerator technology) will reach $711.1 billion in 2021, up 9.3 percent compared with 2020, and return to relatively high growth after the epidemic.

by ChinaDaily

2020-11-12

CHINA INDUSTRY REPORT Digital Economy

Chinese Digital Economy to Take 55% Share of GDP by 2025, Report Says As China strives to promote "dual circulation" development model to build up its economic resilience and that of the world, digital power will play an increasingly significant role in helping the country remove obstacles that impede its high quality development.

by ChinaDaily

2020-11-06

INDIA INDUSTRY REPORT Beauty Consumer

Indian Beauty Consumers Are Highly Influenced by Digital, Says Report The Connected Beauty Consumer report stated that beauty consumers are online for advice, ideas and inspiration, with 9 out of 10 of them being influenced by digital media.

by LiveMint

2020-11-04

INDIA Startups INDUSTRY REPORT

India’s Edtech, Gaming Cos Lead Funding Revival, Startups Raise $2b in Sept Quarter Indian startups raised $6.5 billion across 438 deals in the first nine months of 2020 compared to $7.9 billion across 594 deals for the corresponding period last year.

by DealStreetAsia

2020-10-03

CHINA INDUSTRY REPORT Global Smartphone Shipments

Chinese Smartphone Makers Shipped Three Out of Four 5G Phones Worldwide in Q2 2020 5G shipment continued its growth in China in spite of the decline in the overall smartphone market across regions, majorly driven by evolving consumer demographics, affordable 5G devices, and the proliferation of smartphone users.

by KrAsia

2020-09-28

INDIA INDUSTRY REPORT E-COMMERCE

E-Commerce to Touch 8% of India's Retail Trade by 2025: Report Technopak estimates that modern trade will grow at 15% CAGR to reach 18% of the total retail share by 2025—largely led by a growth in e-commerce, whose share in total retail stood at 4.3% in FY 20 but will touch 7.6% by 2025.

by LiveMint

2020-09-23

ASIA INDUSTRY REPORT Smartphone Market

APAC Smartphone Market Value Drops 20% in First 7 Months of 2020, Report Found The report also found that the COVID-19 pandemic has altered consumer spending on smartphones, with more turning to low- to mid-range devices that offer more value for money.

by KrAsia

2020-09-17

CHINA INDONESIA GIANT

China's Vivo Beats Samsung to Become Top-Selling Phone Brand in Indonesia Vivo leads the market with 21.2%, beating the usual top seller, Samsung, which came third with a 19.6% share.

by KrAsia

2020-09-09

INDONESIA Startups GoPay

Gopay Is The Most Popular E-Wallet in Indonesia: Survey Behind GoPay are following Ovo and Dana, for MAU as well as downloads. Both platforms retained their positions from Q2 2019. Government-owned e-wallet LinkAja came in fourth.

by KrAsia

2020-09-02

SINGAPORE Startups Shopee

Shopee Becomes Singapore’s Top E-Commerce Platform as Online Shopping Surges Shopee’s performance has been driven in part by marketing initiatives during the circuit-breaker period, such as a shop-from-home campaign to push brands to sell more online, the 4.4 Flash Sale.

by KrAsia

2020-09-01

INDIA GIANTS INDUSTRY REPORT

Indian Amazon Outpaces Flipkart as Online Sales Revive Smartphone Demand in Q2 Amazon surpassed Flipkart with a share of 47% in all online sales, while Flipkart had a 42% share.

by Inc42

2020-08-18

INDIA INDUSTRY REPORT

India Digital Payments to Grow 2X, Touch $60 Tn Mark by 2022: Report Moreover, the report mentions that mobile payments are likely to outplay other forms of digital payments and grow at a 60% compounded annual growth rate (CAGR) to reach $900 Bn by 2025.

by Inc42

2020-08-14

SOUTHEAST ASIA Digital Consumers INDUSTRY REPORT

Southeast Asia to See 310m Digital Consumers by End-2020 That means almost 70% of the region's population that are 15 years old and older will go digital by end-2020, and the average online spending per person will triple from 2019 to $429 in 2025.

by DealStreetAsia

2020-08-07

INDIA INDUSTRY REPORT UPI

UPI QR Caters to 250 Mn Transactions Monthly, But Numbers Still Low, Says RBI NPCI, in March 2018, had made it compulsory for every UPI application such as Google Pay, PhonePe, Paytm and others to all customers to scan Bharat QR codes and respond to merchants' payment requests.

by Inc42

2020-08-06

INDIA Industry GAME

India Records 2.7 Bn Game Downloads in Q2 2020, Highest in The World India saw close to 2.7 Bn game downloads in Q2 2020 which was 50% more than the 1.8 Bn downloads in Q1.

by Inc42

2020-08-04

CHINA INDUSTRY REPORT Q2 2020

Greater China-Based Companies Raise $9.5b in The Second Quarter Companies in the healthcare and allied segments, as well as those in the education and software market, were among the biggest beneficiaries in the second quarter.

by DealStreetAsia

2020-07-24

SOUTHEAST AISA Startups Q2 2020

Robust Second Quarter for Southeast Asian Startups But Speed Bump Ahead Q2 2020, the quarter saw at least 184 deals, up 26 per cent over Q1, and 63 per cent over the second quarter of last year.

by DealStreetAsia

2020-07-17