About 64,000 mainland Chinese travelers went to UK in the second quarter of 2015, according to the Office for National Statistics in the United Kingdom.
Despite the continuous weak growth and even decline in smartphone sales in China, major domestic mobile phone manufacturers still set a “big leap” of shipping target in H1 2015. Although foreign brands iPhone and Samsung still held a large market share, domestic brands as Huawei, Lenovo, Xiaomi and TCL etc. all set their phone sales […]
In Q2 2015, China’s online shopping market reached 872.54 billion yuan (US$136.77 billion), with a high level increase of 39.6%, which accounted for 12.3% of total retail value compared with 10% in 2014.
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.
The penetration ratio of iOS8 reached 76% in China in Q2 2015; and as of August 2015, only 19.4% subscribers still used the iOS7 system. The popularization of iPhone 6 and iPhone 6 Plus promoted the adoption of iOS8, and the free system upgrade feature improved iPhone user base in China. When issued in September 2015, iOS9 might […]
China’s top 4 B2C websites, JD, Jumei, Dangdang and Vipshop announced financial reports in Q2 2015, JD further inproved its business scale while suffering from greater losses. Jingdong lost over 1.8 billion yuan in the past year.
Qihoo reported revenues of US$438.3 million in Q2 2015, an increase of 37.9% from U$317.9 million in the second quarter of 2014 and 14.0% from US$384.4 million in the first quarter of 2015. Net income attributable to Qihoo 360 was US$81.4 million, compared to US$39.1 million in the second quarter of 2014 and US$53.0 million in the prior quarter. The strong year-over-year growth was due to the […]
The transaction volume of China’s smartphone market reached 98.9 million in Q2 2015 according to iiMedia. Xiaomi, Huawei and iPhone led the market.
Alibaba reported revenues of 20,245 million yuan (US$3,265 million), an increase of 28% compared to 15,771 million yuan (US$2,464 million) in the same quarter of 2014 and net income of 30,816 million yuan (US$4,970 million), an increase of 148% compared to 12,438 million yuan in the same quarter of 2014. The increase was mainly driven […]
Weibo reported net revenues of US$107.8 million in Q2 2015, compared to US$77.3 million for the same period last year. Advertising and marketing revenues for the second quarter of 2015 totalled US$87.9 million, compared to US$59.6 million for the same period last year.
The combined MAU of Weixin and WeChat were 600 million, an increase of 37% YoY according to Tencent’s unaudited consolidated results for the second quarter.
JD.com net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an increase of 61% YoY. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an increase of 108% YoY. Net loss for the second quarter of 2015 was RMB510.4 million (US$82.3 million) and […]