Games, video, and transport: Mary Meeker’s view of the Chinese internet - China’s latest business and technology news - SupChina
Free

We're a new type of news publication

China news you won't read elsewhere.

Weekly Newsletter

Get a roundup of the most important and interesting stories coming out of China.

Podcasts

Sinica, TechBuzz China, and our 6 other shows are the undisputed champs of China podcasts. Listen now.

Feature Articles

Interactive, web-based deep dives into the real China.

Premium

Join the thousands of executives, diplomats, and journalists that rely on SupChina for daily analysis of the full China story.

Daily Newsletter

All the news, every day. Premium analysis directly from our Editor-in-Chief Jeremy Goldkorn.

24/7 Slack Community

Have China-related questions and want answers? Our Slack community is a place to learn, network, and opine.

Free Live Events & More

Monthly live conference calls with leading experts, free entry to SupChina live events in cities around the world, and more.

"A jewel in the crown of China reporting. I go to it, look for it daily. Why? It adds so much insight into the real China. Essential news, culture, color. I find SupChina superior."
— Max Baucus, former U.S. Ambassador to China

Free

We're a new type of news publication

China news you won't read elsewhere.

Weekly Newsletter

Get a roundup of the most important and interesting stories coming out of China.

Podcasts

Sinica, TechBuzz China, and our 6 other shows are the undisputed champs of China podcasts. Listen now.

Feature Articles

Interactive, web-based deep dives into the real China.

OR… for more in-depth analysis and an online community of China-focused professionals:

Learn About Premium Access Now!
Learn More
Minimize
Learn More
Minimize

Games, video, and transport: Mary Meeker’s view of the Chinese internet – China’s latest business and technology news


Mary Meeker is a veteran tech analyst and investor who produces an influential annual report on internet trends. She has released her most recent report. You can see the whole presentation on her firm’s website. Here are some key points from the China section, which she calls “Golden age of entertainment and transportation”:

  • Although the growth of the number of mobile phone subscribers is slowing, individual users are spending ever greater amounts of time using the mobile internet.
  • Chinese consumers spend around 55 percent of their entertainment time online, with the mobile internet accounting for the lion’s share.
  • Consumers are increasingly willing to pay for content, especially games, live streaming, and video.
  • China is the biggest market in the world for interactive gaming (see Bloomberg: China just became the games industry capital of the world).
  • Mobile payment volume doubled to more than $5 trillion in 2016, with Alibaba’s AliPay and Tencent’s WeChat Wallet dominating the market.
  • Chinese companies have 67 percent of the global market share of on-demand transportation (such as ride hailing and bike rental). Although on-demand bikes are eating into the market for ride hailing, Meeker sees bike sharing as complementary to car use.

One notable lacuna in the report: It does not address the rise of artificial intelligence (AI). To find out about the state of AI in China, you can listen to this interview with visionary investor and engineer Kai-Fu Lee on the Sinica Podcast.


Share
Jeremy Goldkorn

Jeremy Goldkorn worked in China for 20 years as an editor and entrepreneur. He is editor-in-chief of SupChina, and co-founder of the Sinica Podcast.