Morningstar puts Alibaba’s equity value at $220 billion and expects the Chinese e-commerce giant’s IPO to raise $26 billion. Alibaba is China’s e-commerce giant, in many sectors including B2B, B2C and C2C on both mobile and PC online shopping. Is Alibaba generating more revenue than Amazon? Let’s take a look:
360 Partners with Weibo for We Media Platform
Last week, Weibo announced premium publisher program called WeMedia to encourage more unique and quality content creation on Weibo. We just found that Qihoo 360’s Wemedia platform is now fully integrated with Weibo WeMedia, who previously also pulls content from Wechat.
Chinese University of Hong Kong DeepID Face Recognition Tech Beats Facebook Deepface
A research team at the Chinese University of Hong Kong, led by Professor Xiaoou Tang, announced 99.15% face recognition accuracy achieved in Labeled Faces in the Wild (LFW) database (a database of face photographs designed for studying the problem of unconstrained face recognition).
Wechat Launching Advertising Platform for Public Accounts
Tencent’s Wechat team is internal testing Wechat Advertising Platform, connecting Wechat Official Accounts with advertisers.
Tmall Sold Over One Million Smartphones in One Day
According to Tmall’s official data released on Weibo, there are 1,039.9 thousand smartphones sold on 18 Jun online shopping promotion day, more than all offline smartphone retail channels’ combined one day sales.
Top 10 Strategic Technology Trends in China
A new report from research and advisory firm Gartner identifies the top 10 strategic technology trends that CIOs in China should consider in order to pursue business growth and remain competitive throughout the digital era. The top 10 technology trends highlight the current state of technology adoption in China, as well as the maturity and […]
10 Charts to Tell You Almost Everything About Alibaba Group: China’s E-commerce Empire
Alibaba Group is the largest online and mobile commerce company in the world in terms of gross merchandise volume (GMV) in 2013, according to the IDC GMV Report. They operate their ecosystem as a platform for third parties, and they do not engage in direct sales, compete with their merchants or hold inventory.
Ctrip Mobile Client Exceeded 160 Million Downloads
According to Ctrip official data, as of early June, Ctrip mobile application has been downloaded more than 160 million, with more than 80 million subscribers activated.
World Cup 2014 on Weibo
Twenty two million China Internet users followed news on Weibo on the first day of FIFA World Cup 2014 ; total number of posts published reached 83 million in the first two hours of this event.
China Mobile Maps Market Overview
The top three mobile maps in China are Baidu Maps, Baidu Navigation and Google Maps, according to a survey conducted by Chinese research company iResearch.
Monitor China Online Shoppping Trend with Alibaba Shopping Price Indices
Alibaba publishes a price index for online shopping, called Alibaba Shopping Price Indices or aSPI. This series include two indices:
Weibo.com Eyeing for More Revenue with We Media Program
Weibo.com has launched a new program for “we media” to encourage more unique and quality content creation on Weibo. Weibo “We Media” Program is for verified individual Weibo accounts to apply, whose monthly posts have more than one and half million monthly views and total number of fans are below five million.
Sina Weibo to Launch Smartphone Apps for Sellers
Weibo.com announced last week they are opening up its Weibo Payment for third parties including both businesses and individuals. This week, some images are leaked on China internet showing the to-be-launched smartphone app called “Weimai” (or Micro-sell) for sellers to manage product inventories and provide online customer service.
Nielsen: Chinese Consumer Confidence Maintains High in Q1 2014
Chinese consumer confidence remained high in the first quarter of 2014 as in the previous quarter, higher than the same time period in the previous year and above the global average, according to findings from Nielsen. Nielsen also found that FMCG sales in the Chinese market rebounded back to 8% growth in Q1, two percentage […]
China’s Top 100 Best E-Commerce Cities
Alibaba Ali Institute and Chinese Academy of Information Technology jointly started “E-Commerce Development Index” research in 2010. This year, Ali Institute studies 294 cities and released “China’s Top 100 Best E-Commerce Cities 2013” report.