According to EnfoDesk, the total transaction of China online payment market reached 976.4 billion Yuan (USD156.4 bilion) in the third quarter. The QoQ growth was 13.1% and the YoY growth was 73%. Influenced by National Day holidays and other business trips, online payment transaction for travel booking experienced obvious increase. And some emerging markets like […]
In Sep 2012, Tmall was catching up with 360buy and the gap was gradually reduced. Meanwhile, Suning slipped one spot to the fourth and Vancl even dropped off the top 10. With the coming “11.11”, so-called Bachelor’s Day, we can expect to see fierce competition among China B2C online retailers.
The Evening Post reported, free music download in China is to be ended on Dec 31. Most online music platforms like Baidu Music, QQ Music, Duomi, Kugou are going to charge for music download services. However, this is a special thing for high-quality copyrighted music download while the online streaming is still free.
Image source: Sohu.com According to Trade and Industry information on Oct 29 2012, 360Buy had completed the acquisition of Chinabank Payment. Meanwhile, 360buy is investing in the technology development to build its own online payment platform.
Based on the latest research from DCCI, weibo users account for 88.81% of total Chinese netizens. Chinese microblog users’ proportion on different weibo platforms are shown above: 87.67% of weibo users have accounts on Sina 84.69% are Tencent weibo users 56.12% are Netease weibo users 35.63% are Sohu weibo users 13.61% are iFeng weibo users […]
According to the latest statistics from iResearch, the transaction scale of China online payment reached 776 billion yuan (USD 124 billion) in Q1 2012, with the YoY growth of 112.6% and the QoQ growth of 1.2%. Though growing speed slipped down a bit, online payment services keep high growth in 2012 The first quarter was […]
This chart above shows the top 18 concerns of Chinese people. 60% of interviewees think that rising prices is a serious problem in their daily lives; 45% are worrying about the negative influence of corrupt officials, followed by the concern of the wealth gap. Many people hold the opinion that the rich are getting richer […]
With the twin forces of the tough situation in retail industry and existing card charges, businesses’ profits are being battered. People have got used to card purchasing According to the research from CCFA, the proportion of credit card purchasing is increasing with the year-on-year growth of 30%. The domestic card spending has surpassed 16 trillion […]
Sina recently launched a section on Weibo called micro-tasks, which could be useful to marketers. There is no doubt that this is an important step for the commercialized process of Sina weibo. What is Sina Weibo Micro-task? Micro-task, or Weirenwu in Chinese pinyin, is the official platform for posting and accepting Weibo tasks. At present, […]
According to eMarketer, global digital ad spending will reach $105.02 billion in 2012, among which spend on mobile will be $660 million. Owing to the rapidly developing internet and mobile market, the digital ad spending in Asia-Pacific region is also experiencing rapid growth and will surpass that of North America in 2014. Estimation demonstrates that […]
The market scale of weibo will be about 500 million yuan (USD79.82 million) in 2012, among which ads and games represent 75.6% and 21.9% respectively, according to iResearch. During the second quarter reports, Sina weibo announced its revenue in advertising, accounting for USD 10 million. At this moment, all players are searching for better business […]
Based on a research from EnfoDesk, the downloads of social apps in major Chinese Android market increased steadily in September.
Based on the survey data from Phase II Cross-media Research in Feb 2012, online video ads have beaten the television ads by more than 20% in user acceptance.
According to the data provided by iResearch this July, here comes the list of China’s top 20 internet companies by total reached users in the first half of 2012. The research was based on long-term monitoring for 400,000 network behavior samples.
In the past 30 years, the household consumption as percentage of total GDP went downhill quickly. It was more than 50% in the eighties, and then down to approximately 40% in nineties. Unfortunately, it was only 35% in 2007.