Weibo had a strong first quarter in 2007 with 67% YoY growth of revenues to $199.2 million; its monthly active users increased to 340 million.
Vipshop’s total net revenue for Q1 2017 increased by 31.1% to 15.95 billion yuan (US$2.32 billion) from 12.17 billion yuan in Q1 2016 according to the company’s released financial results.
Total revenues of China’s online education market reached 45.84 billion yuan (US$6.64 billion) in the first quarter of 2017, with an increase of 64.9% YoY or decrease of 4.8% QoQ according to data from the research company Analysis.
Global wearable devices shipments totaled 22 million units in the first quarter of 2017 with an increase of 21% YoY according to Strategy Analytics.
Jingdong GMV for the first quarter of 2017 increased by 42% to 184.1 billion yuan (US$26.7 billion) from 129.3 billion yuan in Q1 2016. Annual active customer accounts increased by 40% to 236.5 million in the twelve months ended March 31, 2017, from 169.1 million in the twelve months ended March 31, 2016.
China search engines market totaled 18.76 billion yuan (US$2.72 bn) in Q1 2017, with a decrease of 8.6% compared to Q4 2016 and an increase of 5.3% YoY. Baidu still leads China’s search engine market in Q1 2017 with 75.88% market share by total revenues (including overseas revenues and channel revenues), followed by Google China (10.24%) […]
Kugou, QQ Music, and Kuwo are the top three online music mobile apps in China by MAU in March 2017. Kugou has close to 229 million monthly active users, closely followed by Tencent’s QQ Music with 211 million MAU.
Tencent Video and Baidu’s iQiyi are the top two mobile video apps by the number of monthly active users in China in March 2017. Both have exceeded 400 million MAU.
Phone companies shipped a total of 347.4 million smartphones worldwide in the first quarter of 2017. Huawei grew nearly 22% in China as shipments climbed from 28.1 million units last year, to 34.2 million units in Q1 2017 according to IDC.
Baidu reported total revenues of RMB16.891 billion ($2.454 billion) for the first quarter of 2017, representing a 6.8% increase from the corresponding period in 2016.
More mobile apps in China have more than 10 million monthly active users in Q1 2017. The number of installed apps and app usage hours both increased compared to a year ago. 70 mobile apps in China each has over 50 million monthly active users in March 2017, an increase of 32% YoY. 157 each […]
Apple App Store is the top mobile app store by total downloads in China in March 2017 while BAT lead the Android App Store market. And, Tencent owns the top 3 mobile apps.