In 2014, Tencent’s mobile revenue reached 22.171 billion yuan (US$3.571 billion) with popularization of WeChat. Now WeChat and Weibo are the two most active mobile apps in China. WeChat is a relatively new app compared with Weibo, but it far surpassed weibo in the number of users and monthly usage.
Archives for September 2015
Where Will China‘s Mobile Gaming Market Go?
By the first half of 2015, the number of China’s mobile gaming users totaled 365.5 million, which achieved a growth rate of 12.5% compared with the same period last year.
Trend of China’s Automobile Consumption in 2015
With the booming of the new emerging market, automobile has become less expensive, and the internet has brought an open platform which makes it more reachable to families. China Automotive Technology Research Center estimated last year that automobile sales volume will reach 25.5 million in 2015 and 35 million in 2020 with average annual growth […]
Chinese Outbound Tourism Insight in 2014
China is the world’s largest outbound tourism market and consumption market. Basing on the report initiated by China and surveyed by the World Urban Tourism Federation (WTCF), a total of 109 million Chinese person-trips visited foreign countries in 2014, among which the ratio of women was higher than men by 17 percentage points. The post-80s […]
China UnionPay Totaled 260 Million Usesrs in Aug 2015
According to the latest data from China UnionPay, as of 30 August 2015, the number of China UnionPay internet and mobile payment users has exceeded 260 million. China UnionPay online payment has become an important option for cardholders.
Tokyo: Top Destination for Chinese Tourists on National Day
According to a report by the Chinese online tourism website (tao.117go.com), as high as 61% of Chinese tourists have ordered air tickets and hotels in advance for over 10 days tour, by combining Mid-autumn Festival and Chinese National Day holiday together.
China Hotel Reservation Overview 2015
In recent years, with the penetration of online travel applications and improvement of people’s living standard, more and more people chose to travel on holidays. The total number of outbound and inbound tourists in China increased by 9.8% to 127 million in H1 2015 according to Mafengwo.cn.
China Mobile Shopping in Counties Over $32.16B in 2014
According to AliResearch, in 2014, China counties mobile online shopping market exceeded 200 billion yuan (US$32.16 billion), with an increase of 250% YoY, far higher than the increase of online shopping value of the same period.
WeChat Offers 8 Solutions For Smart Devices
WeChat published eight solutions for hardware device integration, including air-conditioner, toys, routers, home appliance, television, recharge equipments, health care and wearbale devices.
Tough Road Ahead for Uber China
Uber China finished nearly US$1 billion financing from Baidu, China Credit Bank, and other large enterprises in China, which made its valuation approximately US$7.5 billion. However, this hasn’t been confirmed by Uber. Uber has also been financing, and the current valuation is about US$51 billion, surpassing the Chinese mobile phone manufacturers Xiaomi to be the […]
China Mobile Music Market Insights 2015
In H1 2015, the number of China mobile internet users reached 860 million, with 120 million increases compared with Q1 2015, which showed s high penetration rate of mobile music users according to data from TalkingData.
China Post-90s Spend Almost $4 Bln on Taobao Every Month
The post-90 is a common term in China indicating people who are born in and after 1990; the total number is about 140 million, accounting for 11.7% of the total population. The post-90s would become the future backbone of China’s internet.
China Mobile Payment Reached $4.19 Trillion, up by 445% in Q2 2015
According to the least data released by China Central Bank, e-payment business kept rapid development and mobile payment experienced great increase in Q2 2015 in China . The total value of mobile payment reached $4.19 trillion with an increase of 445.14% from the same period last year.
China Male Online Shopper Overview in H1 2015
Female online shoppers, which contributed to over half of the domestic consumption revenue, have always been seen as the great driving force of e-commerce in China. However, men sometimes had even more purchasing power over some products, such as clothes, digital products, sports equipment and so on.
Australia Being New Popular Destination for Chinese Tourists
The year 2015 sees Australia’s most popular tourism market since 2000 when the Olympics was held in Sydney. 91 million Australian dollars (US$62.79 million) was spent every day in Australia by international tourists, where Chinese tourists contributed 19 million Australian dollars (US$13.11 million).