iResearch released a report on Chinese electronic payment users in 2015, which shows data of China e-payment and its users.
WeChat Simplifies “Receive Payment” Process
In WeChat’s latest update this week, a new feature allows users to collect payment in easier way by simply clicking on the plus icon in the main interface.
China Mobile Payment Market Insights in 2014
In 2014, total transaction value of China mobile payment market exceeded RMB599.247 billion(US$97.628 billion) with an increase of 391.3% from last year according to data of iResearch.
Video: Jack Ma’s Speech at CeBIT 2015
The annual IT & Digital Business expo CeBIT 2015 takes place from March 16-20 in Hannover Messe. Jack Ma, Executive Chairman of the Alibaba Group, and German Chancellor Angela Merkel, open CeBIT 2015 on Sunday, March 15.
China Mobile Payment Exceeded $3 Trillion in 2014
On 12 February 2015, People’s Bank of China announced China’s Payment Market Report 2014. The report showed in 2014, the total transaction volume and value of non-cash business were 62.752 billion and RMB1,817.38 trillion (US$294.70 trillion) with YoY growth rate of 25.11% and 13.05% respectively.
China Fast-Growing Internet Investment Product Insights in 2014
Nowadays, the penetration of internet investment products has exceeded 45% in china. The internet investment products, such as P2P, Yu’E Bao, WeChat Licaitong and so on, are very popular among internet users according to research of Nielsen.
B2B Platform Alibaba.com Integrated with Online Payment
Alibaba.com, Alibaba’s B2B international platform, has officially transformed into online trade platform, which will change the traditional trade model (online inquiry & offline payment).
Sina Weibo To Launch “Unified Checkout Counter”
Recently, according to the news leaked on the internet, Weibo will integrate the original payment interface to launch “unified checkout counter”.
China Online Retail Market Grows 3 Times Faster Than Retail Market
China, as the biggest digital market in the world, its online retail market keeps growth with an increase of 25% YoY, estimated by Bain & Company. And, the growth rate of China online B2C retail market is 3 times higher than overall China retail market. By 2018, half of the revenue of China online retail market […]
China iOS Game Players Spend 3 Times More Than Android Ones
In the first half of 2014, China gaming market users exceeded 400 million with an increase of 9.5% year on year. The total sales value of China gaming market was RMB49.62 billion (US$8.07 billion) with an increase of 46.4% YoY according to CPC & CNG. ZDC‘s latest data also shows on average an iOS game player spend […]
Tencent Got More Than WeChat Payment to Compete with Alipay on Mobile
Tencent QQ’s monthly active users exceeded 829 million and MAUs on smart device exceeded 521 million according to Tencent’s finance report of first half of 2014. Tencent QQ was the first Chinese instant messenger in Guinness World Record for having the most number of simultaneous online users on an instant messaging platform on 3rd July, 2014. […]
Alipay’s Off-line Strategy Worked on Double 12 Shopping Day
Instead of duplicating Double 11 shopping festival on a different date, this year’s Double 12 focused on off-line retail sales led by Alipay.
Over 42.3 Bln Transactions on Alipay in 10 Years
Alipay released its 10-year bill statement as well as the latest payment statistics in different provinces in China as of 31 Oct 2014. The data shows in the past 10 years, Chinese consumers’ expenditure generated 42.3 billion transactions on Alipay. The volume of mobile payment on Alipay accounted for over 50%.
China Mobile Banking Users Increased by 50% YoY in 2014
China e-banking service is developing rapidly, especially mobile banking service. In 2014, mobile banking users increased by 50% from the same period of prior year. However, online banking still dominates the e-banking service in terms of safety. 72% e-banking users consider online banking the safest according to China Financial Certification Authority (CFCA).
China Third Party Online Payment Market Exceeded RMB2 Trillion Yuan in Q3 2014
In Q3 2014, total transaction value of China third-party online payment market exceeded RMB2,015.43 billion (US$328.1 billion) with increase of 41.9% year on year and 9.5% quarter on quarter.