On April 11, 2014, Tencent QQ Peaking Concurrent Users (PCU) hit 200 million for the first time. From 1999 to 2010, QQ users grew steadily to 100 million. In recent four years, QQ grasped mobile internet development and successfully doubled its PCU.
42.8 Mn Mobile Phones Sold Online In China In 2013
iResearch data showed that China mobile phones online sales volume reached 42.8 million and online sales hit 66.39 billion yuan (USD 10.74 billion) in 2013, with over 40% YoY increase. Mobile sale peaked during Double 11 promotion, sold out 4.48 million on November 11, 2013. Many mobile phone manufacturers laid emphasis on online channels, at […]
WeChat To Launch Self-Serve Advertising System In Weeks
WeChat announced on April 12 in 2014, that its self-serve advertising system was about to launch in a few weeks.
Unbelievable: 600K Boxes of Milk Sold Out In One Hour
Chinese online B2C enterprise Yihaodian made a Guinness World Record on March 18 in 2014. At 10 am sharp, “Imported Milk Flash Sale” began, 600,000 boxes of milk in 30 containers sold out in merely 52 mins 25 seconds! It became a new Guinness record of “selling out most milk in the shortest time”.
China Smartphone Brand Awareness Analysis in March 2014
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.