EnfoDesk just released a report on China mobile phone sales in Q2 2013, which showed that the total mobile phone sales in the second quarter reached 90.39 million set, with a slight QoQ drop of 0.2% and a YoY increase of 36%. Smartphone sales reached 71.11 million, with a QoQ increase of 2.4%, and a […]
iResearch just released its report on top 10 websites in finance vertical in June 2013. China’s financial websites daily unique visitors reached 22.77 million in June 2013. Eastmoney topped with 7.68 million daily unique visitors, with 3.2% daily reach. Followed by Hexun with 3.5 million and 10JQKA.com with 1.43 million daily unique visitors. Financial websites […]
Sina will launch a Square style mobile payment solution with Lakala, a Chinese independent payment solutions powered by China Unionpay. The cooperation is still under negotiation, said by one staff from Lakala. Lakala would help Sina with hardware and software development and system maintenance. The final product might even be cheaper than Lakala’s own Square […]
Renren released its Q2 finance report on Aug 15, reporting a net loss of USD 9.3 million and its total net revenue was USD 49.6 million. By the end of June 2013, its net loss was lower than that of last year, which was USD 24.9 million. And its total net revenue grew 10.7% more […]
Top 10 internet services didn’t change too much in June 2013, the ranking was the same as May. Users spent most time on watching online videos, with 35% in May. Followed by social network and search.
eBay quietly returned to Chinese market in cooperation with a Chinese fashion site xiu.com, appeared on Jingdong in June 2013. Xiu.com, a Chinese leading online luxury retailer, was founded in 2008. Now Xiu.com is cooperating with the three big platforms which are eBay, Gmarket and Karmaloop. And it has got 50 luxury brands authorization.
On August 6 2013, Sina and NBA announced their strategic partnership. Sina is NBA’s official internet partner and online community partner, reaching to a deeper cooperation three years after their first alliance in 2010. Their cooperation will begin in three areas: mobile broadcasting, community interaction and live video. NBA live games will attract lots of […]
Baidu awarded million dollar prize to two teams, one of them was speech search engine team. This is the first time when an end-user oriented team won the prize. Baidu’s million dollar prize is set up by CEO Robin Li, mainly for employees whose position are below director levels. The team should be limited to […]
GlobalWebIndex found that Google Maps was the top app by monthly usage rate last July, as high as 54%. Followed by Facebook, Youtube, and Google+. Tencent’s Wechat or known, as Weixin in China, came to the fifth place in world mobile ranking, with 27% usage rate. Twitter fell behind Wechat, with 22%. Instagram was ranked […]
Ctrip, the largest online travel agency in China, has begun cooperation with its old rival Qunar which is the Chinese leading travel search engine on vacation packages recently after a long time price war and war of words. Besides, it is said Ctrip and Qunar will further cooperate on air tickets and hotel booking. The […]
Sina released its Q2 finance report on Aug 12, its advertising revenue hit 30 million USD with a 209% YoY increase, 80% of Sina Weibo total revenue of 37.7 million USD. Sina advertising revenue had a YoY growth of 17%, up to USD 120.6 million. Sina had a net loss attributed to an one-off charge […]
iResearch statistical report showed that China online travel market scale reached 50.9 billion yuan (8.25 billion USD) in Q2 2013, and OTA revenue was 2.67 billion yuan(433 million USD). Although the second quarter of the year is the slack season of travel market, online travel market growing speed was still very fast, with 29% YoY […]
Hitwise report showed that Baidu and Qihoo’s 360 continued eating away other search engines market share. Baidu dominated the market with 73% share, and Qihoo’s 360 followed with approximately 15.5% in June 2013.
In Q2, China online travel OTA market share was quite stable with Ctrip, Elong and 17u staying as the top three players. Ctrip topped with 48% share, followed by Elong with 9.1%, 17u with 6.5%. Ctrip, 17u, 118114, Mangocity had advantages in air tickets booking market; Ctrip, Elong, 17u, 118114 occupied large percent of hotel […]
According to iResearch, in Q2 2013, China online third party payment transaction hit 1,121.65 billion yuan (USD 181.83 billion), with a 10.2% QoQ growth. However, YoY increase kept going down, with only 28% in Q2 2013. Online shopping, air tickets booking and game segment markets were saturated, online payment was steadily growing. As mobile online […]