WeChat Wi-Fi is running its last round in China. Early in March 2015, WeChat released WeChat Wi-Fi’s application entry. WeChat insiders said that WeChat Wi-Fi had been tested 2 versions before its entry’s release. Now, merchants can register for WeChat Wi-Fi within 5 minutes; further, WeChat users can scan to log in WeChat Wi-Fi without […]
China Mobile Payment Market Insights in 2014
In 2014, total transaction value of China mobile payment market exceeded RMB599.247 billion(US$97.628 billion) with an increase of 391.3% from last year according to data of iResearch.
7 China App Publishers on App Annie’s Top 52 List 2014
Recently, the Top 52 app publishers (by revenue) list in 2014 was released by App Annie (a company which do research on mobile app market).On the list, there are 7 China app companies.
Ctrip Mobile App Downloads Reached Nearly 600M in 2014
Ctrip net revenues were RMB1.9 billion (US$308 million) for Q4 2014, up 33% YoY. Net revenues in 2014 were RMB7.3 billion (US$1.2 billion) in 2014, up 36%.
Mobile Represented Almost Half of Qunar’s Revenue in Q4 2014
Qunar total revenues for the fourth quarter of 2014 were RMB519.8 million (US$83.8 million), an increase of 107.1% year-on-year. Mobile revenues were RMB257.5 million (US$41.5 million), an increase of 400.7% year-on-year, representing 49.5% of total and 52.3% of pay-for-performance (“P4P”) revenues, compared to 20.5% and 22.6%, respectively, in the corresponding period of 2013.
Video: Jack Ma’s Speech at CeBIT 2015
The annual IT & Digital Business expo CeBIT 2015 takes place from March 16-20 in Hannover Messe. Jack Ma, Executive Chairman of the Alibaba Group, and German Chancellor Angela Merkel, open CeBIT 2015 on Sunday, March 15.
Qihoo 360 MAUs Exceeded 500M in Dec 2014
Qihoo 360 Technology revenues were $431.2 million in Q4 2014, a 94.6% increase from Q4 2013. Its net income attributable to Qihoo 360 was $76.8 million, compared to $16.6 million in the fourth quarter of 2013.
China Mobile Payment Exceeded $3 Trillion in 2014
On 12 February 2015, People’s Bank of China announced China’s Payment Market Report 2014. The report showed in 2014, the total transaction volume and value of non-cash business were 62.752 billion and RMB1,817.38 trillion (US$294.70 trillion) with YoY growth rate of 25.11% and 13.05% respectively.
Mobile Dating App Momo Revenue Increased Over 13 Times in 2014
Momo, a popular mobile social dating app in China now listed on NASDAQ, announced its unaudited financial results; and, its net revenues increased over 13 times year-on-year to $44.8 million in 2014.
China Mobile Search Trend 2015
The number of indexed mobile websites by Baidu increased by 105% as of the end of 2014 according to Baidu. Baidu mbile search revenue surpassed that of desktop computers in Dec 2014.
Over 60% Purchased on Mobile During Chinese New Year 2015
One week’s Chinese New Year 2015 holiday just ended on 24 February. During this period, over 60% purchased on mobile device. And, the most popular product category is mothercare according to Tmall. Major home appliance sales value grew by over 265% during this period; Tmall Superstore jumped 42 times. Shanghai, Hangzhou and Beijing were the […]
China’s Top 10 B2C Websites on Weibo in 2014
According to Weibo’s daily influence index, Tmall, OKHQB, and Dangdang performed best on Weibo among 1,613 active Weibo accounts in B2C e-commerce category in 2014. 92% of those active e-commerce Weibo accounts are vertical websites, the most of which is clothing and accessory category. Ranked by daily influence index by Weibo, OKHQB.com is an e-commerce website […]
Chinese Globe Shoppers: Almost 1/3 of All Tax Free Shopping Spend
Shoppers from China spent 18% more on Tax Free Shopping in 2014 compared to 2013 according to Global Blue.
Xiaomi Beat Samsung As Top Smartphone Vendor in 2014
Xiaomi was the top smartphone vendor in China by shipments volume in both Q4 2014 and 2014 according to IDC.
WeChat, Weibo or Alipay? Who Won Hongbao War in 2015?
Total hongbao volume on Chinese New Year eve exceeded one billion on WeChat compared with 240 million on Alipay. The volume during the same period on Weiob was 101 million who started Hongbao campaign on 2 Feb 2015.