Some of you keeping an eye on Chinese social media probably know Sina Weibo has launched VIP membership feature this week, opening a channel for revenue on Weibo. VIP Membership have six levels while all start at Level 1 (VIP1) at 10 yuan a month or 108 yuan for annual payment. As the member logins […]
Archives for June 2012
Alipay Launched New Mobile Payment Service
Alipay announced new mobile payment service to make fund transfer easier. Users can transfer fund via Alipay mobile apps to anyone with a mobile phone number. A confirmation via SMS reply will confirm the payment. If the mobile number is associated with an Alipay account, the payment will be instantaneous.
China Mobile Advertising Spend to Double This Year
eMarketer estimates more than 880 million consumers in China will own at least one mobile phone by the end of this year.
Sina Weibo Six-degree Connection Tool Helps Connect Users
Sina Weibo launched a tool called “Six-degree Connection”, referring to the idea that everyone is on average approximately six steps away, by way of introduction, from any other person. With this tool, any user can select a target user she wants to reach and the system will recommend ways of connections. It’s helpful connecting any […]
100 Million Chinese Tourists Will Travel Outside China by 2020
WTO estimates that 100 million Chinese tourists will travel outside China by 2020; 4.6 million Chinese tourists are expected to visit Europe in 2012. A recent Roland Berger survey confirms that outbound Chinese tourism is going to boom in Europe in the years to come. The figures for 2012 are already impressive. They expect 18 […]
Tencent Owns The Most Visited Online Travel Website
go.qq.com, part of Tencent, is the most visited online travel website in May 2012 according to Hitwise data; it’s not surprising considering the mass online community Tencent owns.
The First Four Months’ Sales on Taobao Mobile Exceed Last Year Total
According to data released by Taobao, its first quarter new logged in mobile users reached 15 million, making the total accumulated mobile users to 100 million; Taobao forecasts it will reach 200 million by the end of this year. The total mobile transactions on Taobao in the first four months in 2011 exceeds the whole […]