In 2013, 77.1% of e-banking users in China used online banking with a slight increase from last year in China; 44.6% used mobile banking. with an obvious increase by 15.7% from the previous year, according to data from iResearch.
Archives for August 2014
Alibaba Chairman Jack Man is the Richest Man in China
The founder and chairman of Alibaba Group, Jack Ma (or Ma Yun), has a net worth of $21.8 billion, according to Bloomberg.
Chinese 4G Subscribers Exceeded 13.97 Million in June 2014
In July 2014, total number of subscribers has exceeded 296 million in China Unicom’s mobile services business, with a monthly increase of 888 thousand new subscribers according to the released data from China Unicom for July. In terms of fixed-line broadband, the number of subscribers reached 67.798 million with 378 thousand new subscribers while the number of local telephone […]
Evernote Market Launched in China with Hardware Products
Evernote Market was launched in September 2013 but it wasn’t available to China market until today.
82,070 Second-Hand Cars Sold Online in China in First Half of 2014
In the first half of 2014, the total transaction volume of secondhand car in e-commerce market exceeded 82,070 in China according to iResearch.
Fashion Chase of Top 4 China Online Shopping Websites
Recently, homepages of Tmall, Jingdong, Dangdang and Vip.com are almost those ones related to “Fashion” in China. These four popular online retail websites in China are now all promoting heavily the clothing and apparel category and associating their brand with “fashion”.
Renren’s Monthly Unique Log-in Users Down to 54 Million in Q2 2014
Renren’s total net revenues for the second quarter of 2014 were US$25.0 million, representing a 42.4% decrease from the corresponding period in 2013 according to Renren unaudited financial report.
Tencent News Mobile App Now Top News App in China
Sohu News mobile app achieved 100 million users this May; but now, Tencent News surpassed Sohu News becoming the best mobile news app by the number of unique visitors and MAU.
Whitepaper: How to Tap Into China’s Burgeoning Market of International Travelers
Western online retailers have benefited from China’s massive and rapidly growing base on online consumers. The demand for international travel is also growing at exponential rates for this group of web and mobile app savvy consumers. Researchers have found that China’s travel market will continue to experience steady growth through 2030. An explosive demand for […]
Qihoo 360 Revenue Doubled with 641M Mobile Users in Q2 2014
Qihoo 360 Technology Co. Ltd. revenues were $317.9 million in the second quarter of 2014, a 109.6% increase from $151.7 million in the second quarter of 2013 according to Qihoo 360 unaudited financial results.
Baidu Ice Bucket Update: Algorithm Change for Mobile Search
Baidu Ice Bucket is a change to Baidu’s mobile search results ranking algorithm that is first released on 25 August 2014. Baidu announced a new algorithm last week for Baidu mobile search results called Ice Bucket Algorithm, aiming to hit low quality sites and pages for mobile search.
3G Smartphone Accounted for 72% of Total Phones Sold in H1 2014
In the first half of 2014, sales of smartphone in China have exceeded 185.563 million units according to data of iiMedia Research.
Ctrip Mobile App Downloads Reached 200M in Q2 2014
During the second quarter of 2014, approximately 80% of Ctrip’s total transactions were booked online or through mobile channels according to its official announced unaudited financial results.
Qunar Revenue More Than Doubled in Q2 2014; Mobile Revenue Up 511.8%
Qunar.com total revenues for the second quarter of 2014 were RMB400.4 million (US$64.5 million), an increase of 127.3% year-on-year, the highest revenue growth rate in ten quarters.
Youku Tudou Loss Continued Reaching Over 500M Users in Q2 2014
Youku Tudou net revenues were RMB958.7 million (US$154.5 million), a 27% increase from the corresponding period in 2013. They derive a part of our revenues from mobile value-added services through partnership agreements with third party mobile network operators and shares the fees collected by the mobile network operators for such services.