There are now 79 mobile internet Unicorns in the world, with totaled value of $575 billion (or $355 billion excluding Facebook) and each valued over $1 billion; 24% of these companies are from China according to Digi-Capital.
Jingdong GMV for the fourth quarter of 2014 was RMB85.8 billion (US$13.8 billion), up 119% from the fourth quarter of 2013. GMV for the full year of 2014 was RMB260.2 billion (US$41.9 billion), up 107% from the full year of 2013.
Momo, a popular mobile social dating app in China now listed on NASDAQ, announced its unaudited financial results; and, its net revenues increased over 13 times year-on-year to $44.8 million in 2014.
Renren.com had approximately 219 million activated users as of September 30, 2014. And, its monthly unique log-in users in September 2014 was approximately 44 million, compared to approximately 50 million in September 2013 according to Renren unaudited financial results.
58.com, a Chinese classified advertising website set up in 2005, targets at offering local life service with SME. It has 4 million active enterprises and 130 million monthly unique users, covering 27 major cities in the area of real estate, recruitment, automobile, housekeeping service, catering, second-hand market, etc. It has been eight years since the […]