China’s third-party online payment market had total transactions of over US$820 billion in Q1 2017, led by Alipay (34.7%) and UnionPay, while mobile payment transactions reached US$2,761.78 billion in China, led by Alipay (53.7%) and Tencent Finance.
Mobile search monthly active users on Baidu were 665 million for December 2016, an increase of 2% year-over-year.
Baidu’s mobile search monthly active users (MAUs) were 660 million for the month of September 2016, an increase of 3% year-over-year according to its announced Third Quarter 2016 Results.
Baidu’s mobile search monthly active users (MAUs) reached 667 million for the month of June 2016, an increase of 6% year-over-year according to its Q2 2016 results.
Baidu mobile search monthly active users (MAUs) were 663 million for the month of March 2016, an increase of 9% year-over-year according to Baidu first quarter 2016 results.
Baidu reported total revenues of 18.699 billion yuan (US$2.887 billion) with an increase of 33.1% YoY for the fourth quarter of 2015. Mobile revenues made up 56% of total revenues, up from 42% in Q4 2014.
Mobile payment has penetrated into every part of daily life in China such as online shopping, taking a taxi, supermarkets and food delivery in particular. About 70% Chinese internet users have ordered foods in a month and about 70% would pay on mobile according to DCCI. Alipay, WeChat Payment and Baidu Wallet have become the […]