Bilibili started 2021 on a high, announcing plans for an IPO in Hong Kong that could raise over $2 billion. That came on the back of impressive results for Q3 of 2020, which saw the company record 74 percent year-on-year growth in revenue. The video, gaming, and anime app are rapidly establishing itself as one of the key battlegrounds in
Thanks to the immense popularity of social media, brands have paid more and more attention to KOLs using a variety of social platforms, from Douyin and Xiaohongshu to Weibo and Bilibili. Brands are drawn by the promise that with KOL collaboration – many of whom enjoy a fan-base of tens of thousands, if not hundreds of thousands or even millions
A few years ago, it may have been enough for a brand to run its China e-commerce operation via a Tmall and JD.com shopfront, with a WeChat mini-program to take care of social media. In 2021, that’s no longer the case, as both the social media and e-commerce landscapes have become more fragmented, yet with each individual strand more tightly
As we bid farewell to 2020, it’s safe to say that brands have been through the wringer. Marketing and promotions have been more challenging than usual thanks to the COVID-19 pandemic and its lingering effects on the supply chain, consumption habits, and broader economic conditions. Having said that, some brands have still managed to achieve remarkable successes that other brands
Cross-border co-branding, fashion shows, pop-up stores, event sponsorship, fan events ... it’s safe to say KOL marketing is both complicated and exhausting for fashion brands. And the truth is that figuring out how to make fashion brands stand out in the eyes of consumers and persuading fans of a KOL to become fans of the brand is a challenging task.
Growth in e-commerce for parenting brands has slowed significantly in recent years. A 2019 report on the market for parenting and baby products showed just 8.6 percent year-on-year growth for 2019, which was half the figure for the previous year. Those disappointing results were just the latest in a downward trend that has seen growth in the sector stall since