tencent

Groupon China Website “Gaopeng.com” Officially Launched

Groupon China’s website “GaoPeng.com”, a joint venture with Tencent, has officially launched today. Group buying deal is not available yet until March 2011. Users can sign up in one of eleven cities in China: Beijing Shanghai Guangzhou Shenzhen Chengdu Hangzhou Wuhan Chongqing Tianjin Nanjing Suzhou According to Sohu IT News, deals will be available in [...]

GROUPON China “Gaopeng” to Launch Next Week with A Unique Feature

Groupon China’s joint venture with Tencent will launch their website “Gaopeng.com” next week. A reporter at Jinghua newspaper managed to open gaopeng.com though there is no products available yet. After he registered his email, he received a note saying that “This website will be officially launched next week” signed by “Team Gaopeng”.

Mobile IM Q2 2010 Market Share by Active Users

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According to data released by Enfodesk, Q2 mobile IM market went up by 40 million more active users.

Tencent Q2 Advertising Revenue Exceeded Sohu

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Tencent’s Q2 online advertising market share increased a lot after a fall in Q1 exceeding Sohu for the first time.

Top China Internet Properties by Unique Visitors in May 2010

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In a recent report released by comScore, in terms of engagement among the top 20 most-visited properties in Asia Pacific, Tencent ranked as the most-engaging property with visitors averaging 6.5 hours on the site during the month, consuming 716 pages of content and visiting the property an average of 39 times.

Tencent Launched Social Networking Site: “Friends”

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Tencent last week launched a new social networking website in China called “Peng You” which means “Friends” in English. Pengyou clearly targets two groups of audience, “students” and “white collar workers”. At first login, users will be asked to select which group they belong to: The “students” SNS features come from Tencent’s previous product called [...]

China Online Advertising Summary in Q1 2010

China’s Q1 online advertising spend in 2010 showed strong growth, with an increase of 85.4% to 6.36 billion yuan (USD 931 million) compared to Q1 spend in 2009. Baidu leads China’s online advertising market in quarter one in 2010 with total sales of 1.293 billion yuan. The next five are: Taobao: 590m yuan Google China: [...]

China Q1 Online Payment Exceeded 212 Billion Yuan

According to iResearch, the first quarter of china’s online payment market in 2010 totaled to $212.1 billion yuan (US$31 billion) with an increase of 17.8% compared to Q4 2009.

100 Million Simultaneous Users on QQ

At 19:52:05 on March 5, the number of simultaneous online QQ users for the first time exceeded 100 million, which is also the world’s first online application having exceeded simultaneous 100 million users. Tencent‘s market capital is over USD 37 billion.

Tencent Launched English Portal imqq.com for Expats

Tencent launched English version instant messenger some time ago and it has recently launched an English portal for expat netizens – imqq.com. Unlike its Chinese portal qq.com, imqq.com currently seems to focus on local content. Right now, it has included Shanghai and Beijing.It also promotes its English version instant messenger – QQ International (in English, [...]

Online Advertising Market Share of Top 4 China Web Portals

Tencent‘s online advertising market share in Q3 this year has increased by 5% to 25% since Q3 2008, catching up with Sohu (30%). Sina is still the leading web portal in online advertising with a market share of 38%, dropped by 5% compared with Q3, 2008. NetEase‘s market share has also dropped slightly from 9% [...]

1/4 Internet Users in China Log in Tencent QQ at the same time

According to Tencent’s latest released data, its QQ instant messenger service reached 80 million simultaneous online users at 8pm on Oct 10, 2009.  As China now has about 338 million Internet users (according to CNNIC’s latest report), it means one quarter of total Internet users in China log in QQ messenger at the same time. [...]

Tencent Launched Web-based QQ

Tencent has launched its web based QQ and the interface is pretty neat with shorcuts functions. Interestingly, after logging in, it shows list of friends with the latest status update. Clicking on the friend’s name will activate a pop up chat box; why don’t they just make it more convenient to make it possible to [...]

Google Search Dropped by Tencent

It seems Tencent doesn’t want to make the mistake Microsoft ever did by neglecting search; Chinese Internet company Tencent has confirmed that its search engine product Soso.com, which was previously powered by Google search technology, has started to use its self-developed search technology. Source: China Tech News

Key Facts about Tencent

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Tencent Announces 2008 Q4 and Annual Results

Last week Tencent announced (warning: PDF) the unaudited consolidated results for the fourth quarter of 2008 and audited consolidated results for the year ended December 31, 2008. Highlights of 2008 Full Year Total revenues were RMB7,154.5 million (USD1,046.8 million1), an increase of 87.2% over the year ended December 31, 2007 (“YoY”) Revenues from Internet value-added [...]

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