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 […]
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.
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 […]
China Online Gaming Market to Exceed $22 Billion in 2015
In 2015, Chinese online gaming market is expected to reach $22.2 billion (about 142 billion yuan), and officially surpass the U.S. as the world’s largest online gaming market according to data of TalkingData and Newzoo. Mobile gaming revenue of China in 2015 is estimated to reach $6.5 billion (about 41.6 billion yuan), surpassing Japan and […]
China’s Mobile OS Market Snapshot in Q1 2015
About 2/3 Apple users upgraded to iOS8 in Q1 2015 according to Tencent’s data covering 1.7 billion devices.
Huawei Won Smartphone War in China in March 2015
The top three smartphone vendors in March 2015 are Huawei (13.57%), Apple (12.37%) and Samsung (10.15%) according to GfK research.
Market Share of iOS Continued Growth in China in 2015
Kantar Worldpanel’s latest research showed that iOS market share was decreasing in 2 months in the US, Germany, Britain, Italy and Spain in 2015. However, in China, iOS market share was still growing in four consecutive months since November 2014.
80% China’s Mobile Users Rooted Smartphones in 2014
As the core source for mobile phone service system, ROM is more and more important in mobile internet times. In a survey conducted by Tencent, 80% China smartphone user respondents rooted their smartphones in 2014.
Weibo Smartphone User Insights in 2014
Weibo has been one of the indispensable mobile apps among China internet users with the popularity of smartphones. Weibo conducted a survey on smartphone development involving 100 million active smart device logging in Weibo in Q4 2014. More devices used logging in Weibo are China’s domestic brands. Among top 10 new smart device on Weibo […]
14% Individual iOS Developers’ Monthly Income Over $10k in China
Individual iOS developers in China are different from iOS developers in companies. CocoaChina’s survey online shows that 14% individual iOS developers’ monthly salary was over US$10,000 in 2014.
Qihoo 360 MAUs Exceeded 500M in Dec 2014
Qihoo 360 Technology revenues were $431.2 million in Q4 2014, a 94.6% increase from Q4 2013. Its net income attributable to Qihoo 360 was $76.8 million, compared to $16.6 million in the fourth quarter of 2013.
Huawei V.S. Xiaomi on Mobile in 2014
Huawei and Xiaomi are now well-known mobile phone brands in China. Huawei has a history of over 10 years while Xiaomi has been on the market for 5 years. In 2014, their revenue had both over USD$11 billion.
Xiaomi Beat Samsung As Top Smartphone Vendor in 2014
Xiaomi was the top smartphone vendor in China by shipments volume in both Q4 2014 and 2014 according to IDC.
Six of Top 10 Smartphone Brands Worldwide in 2014 from China
Global smartphone shipments totaled 1.167 billion units in 2014, a YoY increase of 25.9%, with combined shipments of Chinese brands reaching 453.4 million units, 39% of the global shipments and representing six of the top ten smartphone brands worldwide according to TrendForce.