Tencent’s total revenues were RMB19,808 million (USD3,220 million) in Q3 2014, an increase of 28% YoY. Profit for the period was RMB5,676 million (USD923 million), an increase of 46% YoY.
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Wechat Launched Wechat Contacts App Offering Free Calls
Wechat released a Wechat Contacts app as an enhancement to smartphones’ existing contacts. The most appealing feature is offering users to make free VoIP calls. It also offers auto backup of contacts, Wechat profile photo imports, group SMS and bulk deleting contacts.
Wechat Aiming Int’l E-commerce Market with Payment Solutions
Recently, Wechat payment is discussing cooperation with some e-commerce websites on importing business and overseas e-commerce including eBay.
CHART: Wechat More Popular than Line and Snapchat in India
21% correspondents surveyed in India by GlobalWebIndex said they used Wechat in the past month, more than Line and Snapchat app.
Wechat Social Features Attractive to Mobile Gamers
China mobile online gaming market developed rapidly in 2013. Wechat users exceeded 438 million in China in Q2 2014 and with launch of Wechat’s social gaming platform as well as its games featured with social elements, it will attract more and more mobile gaming users in China.
Wechat Testing Micro-video as A New function
Recently, Wechat is testing its new function — micro-video. It is said the design concept of micro-video is similar to short videos.
Wechat Launched Business Accounts for Team Collaborations
Wechat officially announced business accounts in beta, which targets business use of Wechat providing mobility and timely convenience for work.
Wechat Launched Card Payment, Faster Than Using Credit Card
Wechat launched a “card payment” option with which users can make fast payment at supported retail chains; this payment is either using remaining fund in Wechat Wallet or linked to the user’s bank ATM card.
Tencent: 438M Wechat Users and 645M QZone Users by Q2 2014
Tencent announced its 2014 Second Quarter Results yesterday in which it reported Wechat now has 438 million monthly active users and Qzone 645 million.
Wechat Official Account Backend Statistics
Wechat updated public accounts backend management with more statistics that can help marketers to better understand the quality of content and needs of the fans.
Why Wechat Marketing Metrics Could All Be Lies
Wechat recently started displaying the total number of views and likes for Wechat official account articles; the transparency from Wechat seems to be helpful identifying the true value of a Wechat official account and quality of considering some articles from accounts with hundreds of thousands of fans only have a few hundred views in one […]
Tencent Aiming Smart Hardware Market with Wechat Integration Strategy
Recently, one of China’s famous Wemedia Newhard learned from various channels that Wechat has been officially involved in the smart hardware market.
Tencent Opening Up API for Wechat Login
Last Friday Wechat opened up internal testing of Wechat Login API for apps and websites to those who have already activated mobile app Wechat Payment account.
Wechat Launching Advertising Platform for Public Accounts
Tencent’s Wechat team is internal testing Wechat Advertising Platform, connecting Wechat Official Accounts with advertisers.
Sogou Launched Wechat Search
Sogou has just launched a search feature for Wechat official accounts and articles published via Wechat official accounts.