According to ZDC China smartphone brand awareness report in March 2014, the number of smartphone manufacturers in China dropped 7 to 98 but the models only dropped 10. Neither global nor Chinese smartphone manufacturers launched new catchy models in March.
Chinese Online Cosmetics Retailer Jumei Files For IPO In US
Jumei, a Chinese online cosmetics retailer, filed for IPO in the U.S. on April 12, 2014. Jumei planned to finance for USD 400 million under the ticker “JMEI” in NYSE or Nasdaq, its issuing price has not been revealed.
Weibo Q1 Revenue Had 161% YoY Increase in 2014
Weibo stock price rose 19.06% after IPO to USD 20.24, and Weibo’s market value reached USD 4.1 billion on 18 April, 2014.
Highlights News: Baidu PPC Geo-Targeting Upgrades To Prefecture Level
Baidu PPC recently upgraded its Geo-Targeting settings to prefecture-level, which means advertisers could target specific cities of a province for campaigns and ad groups.
Weibo Trending Topic Attracted Massive User Discussion
According to Weibo’s prospectus, Weibo MAU (monthly active users) reached 143.8 million and DAU (daily active users) was 66.6 million in March 2014. Compared to the end of 2013, it grew quite a lot. Weibo’s MAU was 129 million and DAU was 61.4 million in December 2013.
Ctrip’s Merge With Qunar Will Change China OTA Market
On April 10 2014, news from insiders showed that Baidu’s acquisition of Ctrip was going to finish. Once the acquisition is done, Ctrip will be merged with Qunar. Baidu invested USD 306 million in Qunar in June 2011, and became the largest shareholder.
PWC: 14% Chinese Shopping Online Everyday
PricewaterhouseCoopers released a report on April 8 2014, which found out that Chinese consumers ran ahead of global consumers in online shopping, especially in mobile shopping.
Alimama Challenges Google In Big Data Marketing
Alimama, an Alibaba marketing platform, held a meeting to discuss big data’s influence on marketing transform in Hangzhou on March 20 in 2014.
TOP 10 China Fashion Websites in Feb 2014
According to the latest data released by iResearch, in February 2014, Chinese fashion websites daily user coverage reached 9.18 million. PCLADY ranked the first with average 970,000 daily user coverage and 0.4% penetration rate, followed by YOKA with 950,000 daily user coverage and 0.4% penetration. Onlylady ranked the third with 790,000 daily user coverage and […]
China Third-Party Online Payment Market in 2013
China third-party online payment market reached 5372.98 billion yuan (USD 870.33 billion) in 2013, with 46.8% YoY increase. According to iResearch, it will maintain the high growth rate and its importance in the whole economy strengthened. The deep collaboration with finance enterprises helped third-party online payment find a new growth point. 2013 was only the […]
Sina Weibo About To Issue 20Mn IPO Shares Priced At $17-19
Sina Weibo files for IPO on Nasdaq under “WB”, confirmed by its updated prospectus on April 5 2014, Weibo’s IPO shares will be priced at USD 17 to 19 and the highest financing amount will be USD 437 million.
Jack Ma Acquired Hengsheng Group With 3.3 Billion Yuan, Became The Largest Shareholder of Hundsun
Hundsun, a well known supplier of financial software and network services, announced on Weibo that Zhejiang Rongxin owned by Alibaba’s founder Jack Ma acquired Hengsheng Group with 3.299 billion yuan (USD 534.38 million) on April 3, 2014. Zhejiang Rongxin holds 20.62% of stake in Hundsun, becomes the largest shareholder.
Demystify Alibaba’s Money Fund Yu’E Bao
Alibaba’s money fund Yu’E Bao belongs to Tianhong Asset Management, which was found on May 29 in 2013. How did Yu’E Bao perform in the past 2013?
Kuaidi Taxi APP Released Its Q1 Financial Performance
Right after Didi Taxi released its data on Wechat Official Account, Kuaidi announced its first quarter financial performance on March 2, 2014. By March 31 in 2014, Kuaidi Taxi had covered 261 cities including all the provincial capitals, with 650% QoQ growth rate. The number of daily transaction reached 6.23 million, 20.7 times of one […]
How A Chinese Taxi-Hailing App Reached 100 Million Users in 77 Days
Didi Taxi, a popular Chinese taxi-hailing mobile app backed by Tencent, released its data on Wechat Official Account (didi-taxi) on March 31, 2014. By March 27, the bonus for Didi Taxi app hit 1.4 billion yuan (USD 226.81 million), and its registered users increased to 100 million.