Weibo has announced this morning to open up its Weibo Payment for third parties, including enterprises and individuals. Weibo Payment was launched this January, co-developed by Weibo.com and Alipay.
Windows Store: China Generating 2nd Highest Number of Downloads on Windows Phone
According to a Microsoft recent blog post, China is generating the second highest number of downloads on Windows Phone from Windows Store.
Alibaba’s Ambition in Online Pharmacy Retailing
Alibaba’s B2C platform Tmall has a section offering online medicine purchase, on which the products are co-operated with other pharmacy e-tailers.
Alibaba Investing SGD 313 Million in Singapore Post
Alibaba announced through its official Weibo that it will invest SGD 313 million (about USD 249 million) in Singapore Post (SingPost) for 10.35% share in SingPost.
JD.com Launching Wechat Shop
JD.com’s Wechat shop is currently being targeted among some Wechat users in Beijing and Shanghai with updated Wechat version 5.3.
China’s Top Online & Mobile Online Payment Providers in Q1 2014
Total online payment market in the first quarter of 2014 reached 1.96 trillion yuan, a growth rate of 5.1% QoQ. The top three providers, Alipay, Tenpay and Unionpay represent over 80% of the total.
PwC Recommending Video and Coupon for China Mobile Advertising
Video is ranked as the most popular with 36% of respondents placing it as their most preferred format for mobile advertising, according to a PwC report released this month.
The Art of Social E-Commerce That Xiaomi Taught Us
1.3 million smartphones, nearly 4.8 million pieces of accessories, all sold out in 12 hours. At 22:00 on 8th April 2014, Xiaomi’s total transaction amount in the latest round of “Mi Fan Festival” came to a halt at 1.5 billion yuan (USD 243.35 million), setting a new domestic record for single-day transaction amount in independent […]
Top 4 Trending in Chinese E-Commerce Market
The Chinese e-commerce market have seen a sharp rise in both B2C and C2C channels in the recent years. Rapid development in online shopping platforms, social media, online payment and mobile devices is not only driving the market to a boom, but also revolutionizing consumer experience and business marketing methods. Here are the four major […]
MIIT: Chinese Mobile Internet Users Reached 838 Million in January 2014
The Ministry of Industry and Information Technology (MIIT) of China recently published a report on the Chinese telecom industry in January 2014. The statistics showed that the total users of mobile internet services reached 838 million in January 2014, accounting for 67.8% of all mobile phone users. Mobile internet traffic also saw a remarkable YoY […]
Is Alibaba’s Evaluation Too High?
Word said that Alibaba’s evaluation grew 9.8% because of the Q4 good financial performance in 2013. According to Bloomberg’s data, Alibaba’s evaluation reached $168 billion, in that way, Alibaba would surpass Amazon’s market value. Carlos Kirjner, Sanford Bernstein’s analyst, claimed that Alibaba’s evaluation was too conservative and suggested to increase Alibaba Group’s evaluation to $245 billion.
China OTA Elong Cooperates With 17u
Early in the morning on April 10, 2014, Elong’s staff received an email from CEO announcing the strategic cooperation with 17u.
China Digital Marketing Report in 2014
Hylink Digital Marketing Research (HDMR) recently published 2014 China Digital Marketing Report, which gives insights on China digital marketing environment and status quo. Hylink invited marketing staff in 30 enterprises to participate in the survey.
China Search Engine Market Reached 11.16 Bn Yuan in Q1 2014
According to EnfoDesk, in Q1 2014, China search engine market reached 11.16 billion yuan (USD 1.81 billion). Channel revenue excluded, Baidu accounted for 79%market share by revenue, Google China accounted for 12.8%, the new Sogou (including Soso) ranked the third with 5.4%.
Tencent’s “QQ Marketing” Connected to Wechat Official Platform
Previously it has been disclosed on Weibo that Tencent is connecting its “QQ Marketing” to Wechat Official Platform, so that its enterprise clients can reach their customers through both mobile terminals.