The internet plays a more and more important role in our daily life. Many people devote themselves in the internet industry to strive for better development. According to LinkedIn, over 280,000 talents work in China internet industry.
MAUs of Qihoo Reached 514 million in Q2 2015
Qihoo reported revenues of US$438.3 million in Q2 2015, an increase of 37.9% from U$317.9 million in the second quarter of 2014 and 14.0% from US$384.4 million in the first quarter of 2015. Net income attributable to Qihoo 360 was US$81.4 million, compared to US$39.1 million in the second quarter of 2014 and US$53.0 million in the prior quarter. The strong year-over-year growth was due to the […]
Tencent Invests $50 Million in Kik Messenger
Tencent invests US$50 million to Kik messenger, the Canadian instant messaging application for mobile devices that is available on iOS, Android, and Windows phone operating systems. Kik has earned the company one billion dollar valuation since the investment in August.
China Offline Mobile Payment Insights in 2015
In 2014, the transaction value of Chinese mobile payment reached 6 trillion yuan (US$0.94 trillion), and is expected to exceed 9 trillion yuan (US$1.41 trillion) in 2015. The popularity of O2O and smartphones triggered deeper penetration of electronic payments.
Market Share of Chinese Telecom Networks in Q2 2015
By the end of Q2 2015, the penetration rate of smartphones has reached 65.5% in China urban regions, an increase of 4.3% compared with the previous quarter and an increase of 18.9% year over year. The penetration rate of China Mobile smartphone users was the highest which reached 66.3% according to Kantar Worldpanel ComTech.
Moda, Tmall Virtual Dressing Room Debuted
Tmall recently launched its virtual fitting room Mota (magic dressing), to provide users with virtual simulation sceneries as they shop on Tmall. It has attracted more than 130 brands on Mota including Topshop, GAP, Levi’s, etc.
Top 10 China’s Fashion Websites in July 2015
In June 2015, the average daily user reach of fashion websites was 12.63 million, according to iResearch data.
China Travel Market to Reach $617.4B in 2015
The total number of China’s tourists is estimated to exceed 4.1 billion person trips in 2015, and reach a total revenue of 3840 trillion yuan (US$617.40 billion), according to China Tourism Academy.
Windows 10 Exceeded 67 Million Installs in 3 Days in China
On July 29 2015, Windows 10 operating system was launched in China, which caused a stir among Chinese users. On the first day of the release, Microsoft had announced the adoption within 24 hours was 14 million copies in China. On the third day, Windows 10 OS had been installed on over 67 million computers […]
China Auto Buyer Insight in Q2 2015
Since the start of 2015, the growth rate of Chinese automobile transaction volume had slowed down its growth. In June 2015, the growth rate of the automobile market was merely 1.4%, 7 percentage points lower than June 2014.
WeChat & Weibo Users Most Active Social Shoppers in the World
Encouraged by the success of some social networking apps as WeChat, many leading social networks across the world start integrating online commerce capabilities for new areas of revenues.
70% of China Internet Users to Shop Online by 2020
China has become the world’s largest e-commerce market with US$458 billion in sales in 2014 according to Kantar Retail. The United States ranked second with US$297 billion sales. In 2014, Chinese e-commerce contributed to 19.4% of GDP growth and 33.5% of total retail growth. By 2020, the number of Chinese internet users is expected to […]
China Top 100 Mobile Apps in July 2015
With rapid development of mobile internet, mobile and social features will play more and more important role. Among all the mobile apps in China in July 2015, social platforms like WeChat and QQ ranked first with the monthly average users of 556.48 million and 424.28 million respectively.
Weibo MAUs Reached 212 Million in Q2 2015
Weibo reported net revenues of US$107.8 million in Q2 2015, compared to US$77.3 million for the same period last year. Advertising and marketing revenues for the second quarter of 2015 totalled US$87.9 million, compared to US$59.6 million for the same period last year.
Will Xiaomi Continue Rapid Growth?
In Q2 2015, Xiaomi was the top smartphone vendor in China by shipments volume of 15.9%, followed by Huawei (15.7%). Apple ranked third, followed by Samsung and Vivo. The rapid development of Xiaomi has shocked the smartphone market after it was founded five years ago. The company’s posted sales growth slowed down which prompted many […]