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 […]
Archives for August 2013
Wechat 5.0 Public Account Operation Guide
After Wechat 5.0 was launched, the Wechat public account is now separated to the subscription account and the service account. Service account can only send a message in a month, many people may ask, how to operate Wechat service account? Wechat service account was almost deprived of group sending function, which was really a big loss. […]
Tencent Unveiled Big Ambition with Wechat Payment
Last week Tencent announced that its own comprehensive online shopping site Yixun.com started fully support of Wechat payment on desktop client, Android and iOS mobile devices. Meanwhile, someone inside Yixun disclosed that Yixun would soon launch product ordering in Wechat under a single payment. By then, Wechat 5.0 users can simply click on any one […]
Sina to Launch Square Style Mobile Payment Solution With Lakala
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 […]
China Internet Users Spent Most Online Time Watching Videos and Social Networking
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.
WeChat Oversea User Hit 100 Million
Tencent announced that the number of Wechat oversea users hit 70 million one month ago. Now, Wechat’s oversea registered users break 100 million, up 100% compared with three months ago. Wechat monthly active users reached 235.8 million, with a 176.8% YoY increase. Besides, WhatsApps monthly active users reached 300 million.
China Top 100 Internet Enterprise in 2013
The revenue of Top 100 Internet enterprises in China was over 200 billion yuan (USD 32.44 billion). The top three giants were Tencent, Alibaba and Baidu, their revenue together surpassed 100 billion yuan(USD 16.22 billion). Internet industry has been highly concentrated and has achieved economies of scale. The top 100 enterprises covered comprehensive industries. 90% […]
Sina Reached Strategic Partnership With NBA
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 […]
Chinese Consumers Willing to Pay $486 for iPhone 5C
Morgan Stanley analyst Katy Huberty did a survey of Chinese consumers how much they are willing to pay for a new iPhone. She found that people were willing to pay $486 (RMB 4,000) for the iPhone 5C.
Tencent’s Hot Mobile Game Had 20 Million Downloads In 3 Days
Tian Tian Ai Xiao Chu, Tencent’s first mobile gamewith both Wechat and QQ login support, was downloaded 20 million times in 3 days. The game is independent and separate from any other platform regarding acquisition of purchasable item/content. Users logged in with their Tencent’s platform accounts (either QQ or WeChat) are able to sync non-purchasing […]
Baidu Awarded Million Dollar Prize to Speech Search Engine Team
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 […]
Wechat Came to the Fifth in the World App Rank in July
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 Cooperating With Its Rival Qunar
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 Weibo Advertising Revenue Hit 30M USD in Q2 2013
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 […]
China Online Travel Market Up 29% in Q2 2013
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 […]