Alipay starts offering the purchase of public transport cards via its mobile apps Alipay Wallet for cross-border travelers.
Tencent Got More Than WeChat Payment to Compete with Alipay on Mobile
Tencent QQ’s monthly active users exceeded 829 million and MAUs on smart device exceeded 521 million according to Tencent’s finance report of first half of 2014. Tencent QQ was the first Chinese instant messenger in Guinness World Record for having the most number of simultaneous online users on an instant messaging platform on 3rd July, 2014. […]
Xiaomi to Sell Automobile?
Lei Jun wrote a blog post a year ago about meeting Elon Musk, the CEO of Telsa motors and he said he’s really interested in Tesla’s cars. This week, a currently circulating story on China internet reported Xiaomi is about to mass manufacture smart cars.
Qunar’s Mobile Revenue up 445% YoY in Q3 2014
Qunar’s total revenues for Q3 2014 more than doubled YoY to US$81.6 million and its mobile revenues was US$33 million an increase of 445.1% YoY.
China 3C Home Appliance B2C Market in Q3 2014
In Q3 2014, total transaction value of China 3C home appliance B2C market was RMB107.88 billion ($17.56 billion) with an increase of 67.9% from the same period of the prior year.
Ctrip Mobile App Downloads Reached 350M in Q3 2014
For the third quarter of 2014, Ctrip reported total revenues of RMB2.3 billion (US$368 million), representing a 38% increase from the same period in 2013. Total revenues for the third quarter of 2014 increased by 24% from the previous quarter.
11 Charts to Show How Companies Use Wechat Official Accounts
WeChat now has 468 million monthly active users and it’s ranked the top mobile app in China. In July 2014, total number of Wechat official accounts were over 5.8 million and it is still growing with an average monthly increase of 15,000.
China eDM Performance in H1 2014
In the half of 2014 in China, average deliverability rate, open rate, click-to-open rate and click through rate were 94.54%, 9.39%, 16.71% and 1.57% respectively according to data from Webpower China. The indicators showed stable growth in electronic direct mail (eDM).
Mobile QQ Launched WeChat Similar Service Account
WeChat official account has been launched for over two years, which has attracted businesses and individuals to the platform. QQ, being quiet connecting businesses and individual users, launched their “Lifestyle Service Account” in November 2014.
PHOTOS: Baidu DuBike, A Smart Bike That Generates Electricity
Baidu revealed its smart bike DuBike prototype, developed by Baidu Deep Learning Lab.
China Top Online Advertising Media in Q3 2014
In Q3 2014, total transaction value of China online advertising market was RMB42.22 billion ($6.87 billion) with increase of 37.9% year on year and 10.6% quarter on quarter. Influenced by overall economy status in China, the growth of China online advertising market slowed in Q3 according to data from iResearch.
China Mobile Games and Ent Group Revenue More Than Tripled YoY in Q3 2014
China Mobile Games and Entertainment Group (“CMGE”) reported revenue of RMB357.6 million (US$58.3 million), compared with RMB98.1 million in Q3 2013 andRMB274.6 million in Q2 2014. Revenues were 264.5% higher year-over-year and 30.2% higher quarter-over-quarter.
eLong Revenue Doubled, 100M Mobile App Downloads in Q3 2014
eLong revenue by product for Q3 2014 was 323.5 million yuan, an increase of 100% QoQ and 2% YoY according to its unaudited financial results. Hotel room nights stayed in the third quarter increased 22% to 9.4 million room nights compared to 7.7 million in the prior year period. Hotel commission revenue for the third quarter […]
Why Brands in China Should Continue Recruiting Shoppers
China retail market has been growing rapidly attributes to the booming economy and the increasing demand for consumption goods. China’s FMCG market is evolving quickly; the overall market continues to decelerate across all sectors and all city tiers; channel dynamics changed substantially with more challenges in offline channels facing the growing popularity of online shopping in […]
Suning Launched US Online Flagship Store Targeting Cross Border Shoppers
Suning, one of the largest retailers in China, launched its U.S. e-commerce website targeting Chinese cross-border shoppers looking to buy American products.