Nowadays, the penetration of internet investment products has exceeded 45% in china. The internet investment products, such as P2P, Yu’E Bao, WeChat Licaitong and so on, are very popular among internet users according to research of Nielsen.
Alibaba.com, Alibaba’s B2B international platform, has officially transformed into online trade platform, which will change the traditional trade model (online inquiry & offline payment).
Recently, according to the news leaked on the internet, Weibo will integrate the original payment interface to launch “unified checkout counter”.
China, as the biggest digital market in the world, its online retail market keeps growth with an increase of 25% YoY, estimated by Bain & Company. And, the growth rate of China online B2C retail market is 3 times higher than overall China retail market. By 2018, half of the revenue of China online retail market […]
In the first half of 2014, China gaming market users exceeded 400 million with an increase of 9.5% year on year. The total sales value of China gaming market was RMB49.62 billion (US$8.07 billion) with an increase of 46.4% YoY according to CPC & CNG. ZDC‘s latest data also shows on average an iOS game player spend […]
Tencent QQ’s monthly active users exceeded 829 million and MAUs on smart device exceeded 521 million according to Tencent’s finance report of first half of 2014. Tencent QQ was the first Chinese instant messenger in Guinness World Record for having the most number of simultaneous online users on an instant messaging platform on 3rd July, 2014. […]
Instead of duplicating Double 11 shopping festival on a different date, this year’s Double 12 focused on off-line retail sales led by Alipay.
Alipay released its 10-year bill statement as well as the latest payment statistics in different provinces in China as of 31 Oct 2014. The data shows in the past 10 years, Chinese consumers’ expenditure generated 42.3 billion transactions on Alipay. The volume of mobile payment on Alipay accounted for over 50%.
China e-banking service is developing rapidly, especially mobile banking service. In 2014, mobile banking users increased by 50% from the same period of prior year. However, online banking still dominates the e-banking service in terms of safety. 72% e-banking users consider online banking the safest according to China Financial Certification Authority (CFCA).
In Q3 2014, total transaction value of China third-party online payment market exceeded RMB2,015.43 billion (US$328.1 billion) with increase of 41.9% year on year and 9.5% quarter on quarter.
In Q3 2014, total transaction value of China mobile Internet market was RMB51.56 billion ($8.39 billion) with increase of 11% quarter on quarter and 93.4% year on year according to data from iResearch.
In Q3 2014, the number of total active users in China mobile security market was 274 million. Top 3 mobile security apps in China were 360 mobile safeguard, Tencent mobile manager and Baidu mobile safeguard with active user coverage of 50.9%, 40.9% and 23.5% respectively in Q3 2014
Apple today announced that the App Store has added UnionPay as a payment option for customers in China. China UnionPay is the most popular payment card in China and will provide App Store customers with a simple and more convenient way to purchase their favorite apps. Customers can easily link their Apple ID with a […]
Mobile payment is growing more and more popular as mobile internet and e-commerce developed, but mobile users needed to be guided and their mobile habits needed to be cultivated. Alipay, the largest mobile payment platform in the world, and Wechat payment are now most popular among China mobile payment users.
Alipay Wallet, Alipay’s mobile app brand renamed from “Alipay” and the largest mobile payment platform in the world, exceeded 62.818 million MAUs in September 2014 in China according to EnfoDesk; Alipay Wallet is the most popular mobile payment app by MAUs, followed by Tenpay, Bestpay, Alipay and Lakala.