Youku Tudou net revenues were RMB958.7 million (US$154.5 million), a 27% increase from the corresponding period in 2013. They derive a part of our revenues from mobile value-added services through partnership agreements with third party mobile network operators and shares the fees collected by the mobile network operators for such services.
#IceBucketChallenge Went Viral on Weibo in China
The ALS Ice Bucket Challenge, involving dumping a bucket of ice water on one’s head or donating to the ALS Association, also went viral on Chinese social media Weibo.
China’s Top Mobile Video Player Apps in July 2014
Among China’s mobile video player apps in July 2014, Mobile QQ Video Player ranked first by total number of active users, with 867 thousand users, followed by MoboPlayer with 774 thousand according to EnfoDesk.
Demographics of China E-Commerce Community on Weibo
The total number of fans of China e-commerce websites on Weibo reached 24 million by the end of July 2014, becoming a large online community for online retailers.
Baidu Launching Instant Search Feature
Baidu is testing its instant search feature, a new search enhancement that shows results as you type.
Amazon China to Deliver Global Products Directly to Chinese Consumers via Shanghai’s Free-Trade Zone
Amazon China announced a tripartite memorandum of understanding with China (Shanghai) Free Trade Zone (FTZ) and Shanghai Information Investment Co., Ltd.
Chinese Consumer Confidence Remained at An Historic High in Q2 2014
Chinese consumer confidence remained at an historic high in the second quarter this year according to Nielsen’s latest China Consumer Confidence Survey report. And, both male and younger consumers (less than 30 years old) are more confident the same as in global scale. Chinese consumers’ willingness to spend also rose in Q2 2014.
eLong: 8.3 Million Hotel Room Nights Stayed in Q2 2014; 45% Mobile Bookings
Hotel room nights stayed in the second quarter, booked via eLong, increased 44% to 8.3 million room nights compared to 5.8 million in the prior year period according to eLong announced unaudited financial results.
Sina Net Revenues Increased 19% YoY to $187M in Q2 2014
Sina reported net revenues of $187.0 million, compared to $157.5 million for the same period last year. Gross margin for the second quarter of 2014 was 61%, comparing to 54% in Q2 2013 according to Sina’s announced unaudited financial results.
Chinese Travelers to Australia More Than Tripled in A Decade
Short-term trips from China have grown from 234,000 in 2003-2004 period to 769,000 in 2013-2014, making a record number of visits to Australia according to the Australian Bureau of Statistics.
Dangdang GMV Had An Increase of 81.6% YoY in Q2 2014
Dangdang’s total net revenues in the second quarter of 2014 were RMB1,960.8 million ($316.1 million), a 31.3% increase YoY. Dangdang had approximately 8.5 million active customers including approximately 2.9 million new customers, in the second quarter of 2014, representing increases of 12% and 23%, respectively, from the corresponding period in 2013.
Top Mobile Map Apps in China in Q2 2014
Baidu Map, Gaode Map and Google Map are the top 3 mobile map apps by total number of reached users, according to EnfoDesk.
Netease Had 680M Registered E-mail Users by Q2 2014
Netease is the largest e-mail service provider in China with 680 million registered e-mail users and 200 million mobile phone mailbox users as of June 30, 2014, according to Netease Quarterly Results.
Weibo Monthly Active Users Reached 156.5M in Q2 2014
Weibo monthly active users (“MAUs”) were 156.5 million as of June 30, 2014, an increase of 30% year over year according to its official quarterly financial results.
Understanding Chinese Luxury Travelers
There are often distinct differences for almost everything between China and the rest of Asia and Oceania and there’s no exception for luxury travel industry. Here are some insights Brand Karma study revealed.