According to Enfodesk, China mobile bank transaction in Q3 2013 reached 3.7 trillion yuan (USD 604 billion), with a 35.9% QoQ increase. In Q3, CCB (China Construction Bank) and ICBC (Industrial and Commercial Bank of China) together occupied almost 50% of mobile bank market, however, their market share dropped a little. CMBC (China Minsheng Banking […]
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Chinese Mobile IM Active Accounts Reached 770M in Q2 2013
According to Enfodesk, in Q2 2013, Chinese cumulative mobile IM accounts hit 1.48 billion, with a QoQ increase of 21.3%. Chinese mobile IM active accounts reached 770 million, 75% more than that of 2012. Mobile QQ was the top mobile IM app with 39.9% market share,, followed by Wechat with 29.1%. Together, QQ and Wechat […]
China Soical Marketing For B2B Enterprises
In China, social marketing began in 2010, when Sina Weibo users hit 200 million. First, Sina Weibo platform had been developed for a while then, and a lot of enterprises were willing to enter the platform. Second, Sina Weibo opened its API (Application Program Interface) to third-parties, and they could develop Weibo apps. As for […]
Tencent Became the First Chinese Company With Over USD 100 Billion Market Cap
Last week on September 16, Tencent’s market value went up 1.51%, having reached HKD 774.98 billion (USD 100 billion) and become the first Chinese internet company with a market value of over USD 100 billion. Since 2004, Tencent’s market value increased more than 100 times. Citibank has raised Tencent’s target price to HKD 480. Citibank […]
Baidu Mobile Internet Updates in Q2 2013
According to Baidu Mobile Internet Report in Q2 2013, Android daily active users grew steadily though QoQ increase rate dropped down, and it might hit 300 million by the end of 2013. In Q2, the number of Android increased new users was about 20 million, with a 10% QoQ increase.
China Mobile Marketing Insights
The Coming of Smartphone Age According to an article published in the Fiscal Times, China’s Smartphone Boom Has Huge Global Impact, the number of Chinese smartphone usage was 330 million, surpassed the total mobile usage number in the U.S.. Experian expected the number would increase to 500 million by the end of 2013. Mobile services […]
Taobao New Mobile Visitors Surpassed 100M in H1 2013
In the first half of 2013, Taobao mobile new visitors surpassed 100 million, said Taobao on August 22, 2013. And Taobao mobile daily active visitors increased greatly, three times more than that of last year. Besides, the average time each visitor spent on Taobao mobile became longer, at least 20 mins. Taobao launched a beta […]
Alibaba and Tencent Challenging Banks?
Alibaba is said to be launch its credit payment service very soon, allowing users to use up to 5000 yuan(USD 810) credit to pay for purchasing. At the mean time, the newly launched Wechat 5.0 draws a lot of attention for its payment service. Internet companies like Alibaba, Tencent, 360buy and Jingdong Mall are all […]
Tencent’s Latest Weibo Threatening Alibaba Taobao
Taobao stated on August 12 shutting down QR code access within one month. Alibaba said this was to prevent possible advertising and even fraud from some sellers, who used QR code to avoid normal transaction procedures on Taobao. About 10 days ago, Taobao just shut down the interface between its platforms and Tecent’s Wechat (or Weixin […]
14 Charts About Chinese Mobile Users in Tier 3 & 4 Cities
According to iiMedia Research, China’s mobile users were 450 million by the end of 2012, and mobile users from tier 3 and tier 4 cities reached 163 million. With the popularity of smartphones and mobile applications, mobile has become the major way of accessing Internet among users in three and four tier cities.
The Rise of Mobile Social Media in China
Social media has become part of Chinese netizens’ everyday life from instant messaging to Weibo and social networking.
Top 5 Apps on Android and iPhone in China
According to TNS, UC mobile leads mobile app facetime but is closely followed by Mobile QQ, WeChat and Weibo.
China Mobile IM Active Users Reached 480 Million
In Q3 2012, China mobile IM active users reached 480 million, up by 9.8% compared with previous quarter. The top 3 IM software with most accumulated users were mobile QQ, WeChat and Mobile Fetion, with the market share of 37.54%, 23.19% and 21.00% respectively.
Sina Weibo Follow Tencent Weixin’s Footstep to Take Over QR Code Entry Point
QR Code is as popular in China as it is in the rest of the world. Ma Huateng, CEO of Tencent, just announced they would promote QR Code at Internet Conference. On Sep 24th, Sina officially launched their QR Code product which will offer variety of functional services to users. Users can popularize themselves by […]
Sina Weibo Launch A Path Clone
Sina Weibo launched a mobile app MeYou, similar to Path with some Weixin/WeChat features. So far, it’s only available for iOS devices.