In WeChat’s latest update this week, a new feature allows users to collect payment in easier way by simply clicking on the plus icon in the main interface.
Baidu: the 14th Largest Media Owner in the World
According to ZenithOptimedia’s new report Top Thirty Global Media Owners 2015, Baidu is now the fourteenth-largest media owner in the world growing 43% YoY. In the Top 30 list, Google ranked on top, followed by Walt Disney and Comcast.
Ctrip Acquired eLong for US$400 Mln
Ctrip announced its investment in eLong last Friday through acquiring eLong shares from certain selling shareholders, including Expedia together with several other investors. Ctrip acquired a 37.6% equity stake in eLong for a total purchase price of approximately $400 million.
Momo Monthly Active Users Exceeded 78 Mln in Q1 2015
The number of monthly active users (“MAU”) on Momo was 78.1 million in March 2015, an increase of 83% YoY according to its press release.
China Online Travel Market Exceeded US$15 Bln in Q1 2015
The total transactions of China online travel market reached 94.76 billion yuan (USD 15.28 billion) in Q1 2015, an increase of 51.3% YoY or 9.4% QoQ.
China B2B E-commerce Market in Q1 2015
China B2B e-commerce market reached RMB 5.48 billion (USD 883 million) in Q1 2015, an decrease of 1.6% QoQ according to Analysis International.
Mobile: Almost 1/3 of Online Video Ad Revenue in China in Q1 2015
China online video market reached RMB 6.81 billion (US$1.1 billion) in Q1 2015, a decrease of 7.5% QoQ and an increase of 74.7% YoY. In 2014, total transaction value of China online video market was RMB23.97 billion(US$3.88 billion) with an increase of 76.4% from the same period of last year. Advertising is still the main […]
China’s Mobile OS Market Snapshot in Q1 2015
About 2/3 Apple users upgraded to iOS8 in Q1 2015 according to Tencent’s data covering 1.7 billion devices.
Chinese Spending Accounted for 40% of Total Foreigners’ in Japan in Q1 2015
The total spending of foreigners visiting Japan in Q1 2015 reached 706.6 billion yen, an increase of 64.4% YoY according to Japan’s “Chinese Herald”. Chinese travelers’ total spending accounted almost 40% of total.
Baidu Mall, E-Commerce Platform Integrating Offline
Baidu Mall, a new e-commerce platform integrating Baidu’s online and offline resources, is launching soon.
China Outbound Travelers Spent Close to $500B Overseas in 2014
According to China Confidential, a research institute of Financial Times, the total expenditure of China outbound travelers reached RMB140 billion (US$498 billion) in 2014. In other words, today’s Chinese outbound tourists’ spending is more than the total household consumption expenditure in some countries, such as Indonesia ($436 billion) and Turkey ($442 billion).
China 4G Mobile Users Reached 160 Million in Q1 2015
As of the end of March this year, the total number of China’s mobile phone users reached 1.29 billion, an increase of 3.6%, including 160 million 4G user in the first quarter of 2015.
Huawei Won Smartphone War in China in March 2015
The top three smartphone vendors in March 2015 are Huawei (13.57%), Apple (12.37%) and Samsung (10.15%) according to GfK research.
Opportunities & Challenges in China Programmatic Buying Market
2014 is a booming year for programmatic buying in China advertising market. Further, programmatic buying is rebuilding digital advertising market as well as influencing China advertisers. With mobile internet’s rapid development, there are also some challenges for mobile advertising.
Baidu Duwear: A Smart Watch OS
Baidu launched a smart watch OS based on Android called Duwear, providing UI, interactivity and various applications.