Weibo has announced this morning to open up its Weibo Payment for third parties, including enterprises and individuals. Weibo Payment was launched this January, co-developed by Weibo.com and Alipay.
China’s Top Online & Mobile Online Payment Providers in Q1 2014
Total online payment market in the first quarter of 2014 reached 1.96 trillion yuan, a growth rate of 5.1% QoQ. The top three providers, Alipay, Tenpay and Unionpay represent over 80% of the total.
Top 4 Trending in Chinese E-Commerce Market
The Chinese e-commerce market have seen a sharp rise in both B2C and C2C channels in the recent years. Rapid development in online shopping platforms, social media, online payment and mobile devices is not only driving the market to a boom, but also revolutionizing consumer experience and business marketing methods. Here are the four major […]
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.
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 […]
Baidu Light APP “Qing-Pai” Appeared On Transcendence Debut in China
Johnny Depp came to China for the first time to promote his new movie Transcendence on March 31, 2014. On the press release, Johnny Depp used Baidu’ light app “Qing Pai” to purchase the very first movie ticket of Transcendence, represented the beginning of the ticket snap. The purchase experience stunned the audience by simply taking […]
It’s Official: Jingdong Teams Up with Tencent
On the morning of March 10, 2014, Tencent and Jingdong (JD.com) together announced that they just reached strategic alliance. Jingdong is going to buy 100% equity, logistics personnel and asset of Tencent’s B2C platform QQ wanggou (wanggou.com) and C2C platform PaiPai (paipai.com), besides, a few stake in Yixun (yixun.com) and the right to buy the […]
Alipay is The Largest Mobile Payments Platform in The World
The real-name users of Alipay reached 300 million by the end of 2013. These users made 12.5 billion payments by Alipay in 2013. Over 2.78 billion payments was made via Mobile Alipay, added up to 900 billion yuan(USD 150 billion), while total mobile payment by Square and Paypal was about USD 50 billion in 2013. […]
14 Charts to Profile China Internet in 2013
Here are 14 charts selected from iResearch annual report of China internet. Our selection may help you understand the development and status of China internet better.
100M Mobile Payments in 7 Days, Alipay Triumphed Through Spring Festival
During 2014 Spring Festival,over 100 million payments were made via mobile Alipay, accounted for 52% of overall payments by Alipay in this period, according to the data from Alipay Wallet (the mobile client of Alipay).
Sina Weibo User Demographics Analysis in 2013 (4 Part Series)
This is the part 1 of a series of posts that gives you insights on Chinese netizens behaviors from Sina Weibo. Part 2, Part 3, Part 4. Sina Weibo launched its 2013 Weibo User Development Report on December 6, based on massive Weibo user accounts information and consumption behavior to offer enterprises effective data support […]
REPORT China Mobile Payment User Behavior 2013
According to iResearch report on China mobile payment user behavior in 2013, in the aspects of mobile payment recognition, only 20.7% of Chinese users knew nothing about mobile payment. Over 70% of users had a certain knowledge of mobile payment. At the same time, 71.2% of users haven’t used mobile payment before, frequently users only […]
WeChat Payment and Alipayment Wallet Strike
These days the smoke of the war between Alibaba and Tencent was very thick. Wechat payment was regarded as the last key element to O2O. In fact, from the insiders’ perspective, Alipay has always been the rich handsome guy. Nowadays, Alipay could not stay calm anymore, which illustrated that WeChat payment came with full preparation.
China Third Party Mobile Payment Market Reached 296.51b Yuan in Q3 2013
According to iResearch, China third party mobile payment market reached 296.51 billion yuan (USD 48.35 billion), with 152.6% QoQ increase.
Brief Guide to China Cross-Border Payment Status
iResearch’s report showed that current Chinese consumers’ cross-border payment included cross-border online shopping, cross-border transfer and cross-border offline shopping. Most consumers used cross-border online shopping, with 65.7%. And 39.5% consumers regarded it as the most frequently used payment.