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$59.6 million for the same period last year.
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China’s Top 30 Mobile Internet Companies in 2015
Forbes China in April released a list of Top 30 Mobile Internet Companies in China in 2015, which records the revenue of China’s technological companies on the mobile internet. Tencent ranks first with the mobile revenue of RMB 22.171 billion (USD$ 3.571 billion), and Xiaomi is the only hardware manufacturer on the list.
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.
Weibo and Alipay’s Hongbao Campaign Gone Viral
“2015 Let Hongbao Fly” campaign, jointly started by Weibo and Alipay, indicates the start of virtual Hongbao (or Red Envelope) war for Chinese New Year 2015.
10 Free HTML5 Online Editing Tools from China
There are many free HTML5 editing tools in China nowadays which help businesses and individuals to create their own HTML5 based applications more easily. Here are 10 free HTML5 editing tools which are all developed by Chinese companies.
China Inbound Tourism Industry Overview
China Tourism Academy’s latest report shows total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on year, ranking 4th in the world, following America, France and Spain in 2013. China received 129.0778 million foreign travelers with a decrease of 2.51% YoY, ranking 4 in the world, following […]
China Mobile Internet Market in Q3 2014
In Q3 2014, total transaction value of China mobile Internet market was RMB51.56 billion ($8.39 billion) with increase of 11% quarter on quarter and 93.4% year on year according to data from iResearch.
China Top Online Advertising Media in Q3 2014
In Q3 2014, total transaction value of China online advertising market was RMB42.22 billion ($6.87 billion) with increase of 37.9% year on year and 10.6% quarter on quarter. Influenced by overall economy status in China, the growth of China online advertising market slowed in Q3 according to data from iResearch.
Online Community Will be More Powerful in China Social Media
In August 2014, total users reach in China social media service on desktop were 470 million with an increase of 10.7% YoY and 0.8% QoQ. Social media service users accounted for 92.6% of total China Internet users in August 2014 according to data from iResearch.
Interbrand: Best China Brands Report 2014
Interbrand, a brand consultancy company, released its 2014 Best China Brands report last week. Tencent claims the #1 position with China Mobile dropping to #2.
WSJ: Xiaomi 2013 Net Profit Nearly Doubled to RMB 3.46 Billion
Xiaomi’s net profit nearly doubled last year according to a confidential document viewed by The Wall Street Journal.
Sohu’s Sogou Search Mobile Traffic Up 20% in Q3 2014
Sogou, Sohu’s search arm, made progress in both search and input method in the third quarter of 2014. In search, aggressive marketing initiatives helped enhance the brand recognition of Sogou. Sogou mobile search traffic grew by nearly 20% quarter-over-quarter.
Top 10 Strategic Technology Trends in China
A new report from research and advisory firm Gartner identifies the top 10 strategic technology trends that CIOs in China should consider in order to pursue business growth and remain competitive throughout the digital era. The top 10 technology trends highlight the current state of technology adoption in China, as well as the maturity and […]
The Art of Social E-Commerce That Xiaomi Taught Us
1.3 million smartphones, nearly 4.8 million pieces of accessories, all sold out in 12 hours. At 22:00 on 8th April 2014, Xiaomi’s total transaction amount in the latest round of “Mi Fan Festival” came to a halt at 1.5 billion yuan (USD 243.35 million), setting a new domestic record for single-day transaction amount in independent […]
Unbelievable: 600K Boxes of Milk Sold Out In One Hour
Chinese online B2C enterprise Yihaodian made a Guinness World Record on March 18 in 2014. At 10 am sharp, “Imported Milk Flash Sale” began, 600,000 boxes of milk in 30 containers sold out in merely 52 mins 25 seconds! It became a new Guinness record of “selling out most milk in the shortest time”.