China social ads market totaled 6.73 billion yuan in the first quarter of 2017 with an increase of 46.4% YoY or -6.5% QoQ according to data from Analysis. … [Read more...]
China online advertising market overview Q1 2017
China online advertising market reached 62.89 billion yuan (US$9.23 bn) in the first quarter of 2017 with an increase of 15.9% YoY or -10.5% QoQ, led by Alibaba, Baidu, and Tencent. … [Read more...]
China third-party online payment market overview Q1 2017
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. … [Read more...]
WeChat MAU grew by 23% to 938M; QQ, QZone MAU down in Q1 2017
Tencent reported the first quarter total revenues of 49,552 million yuan (USD7,182 million) in 2017, an increase of 55% over Q1 2016. WeChat MAU further grew to 938 million while QQ and Qzone MAU saw a decrease in Q1 2017. … [Read more...]
Tencent’s new image patent challenging Google’s WebP
Tencent submitted a patent application to the State Intellectual Property Office on an image coding technology called Tiny Portable Graphics, or TPG. TPG image file size is smaller than JPG/JPEG, PNG, GIF, and Google's WebP based on a released experiment data. … [Read more...]
Top 10 public companies by game revenues in 2016
Tencent is the number one public company ($10.2 bn) in the world by game revenues in 2016, followed by Sony ($7.88 bn) according to Newzoo. Another Chinese company Netease also made it to the top 10 ($4.2 bn) whose revenues grew by over 50%. … [Read more...]
China online gaming market overview 2011-2019
China online gaming market reached 177 billion yuan (US$25.7 bn) in 2016 and is estimated to grow to exceed 232 billion yuan (US$33.69 bn) in 2019 according to data from iResearch. … [Read more...]
Tencent’s platforms performance in 2016 (WeChat, QQ, Qzone, Video, Browser, etc)
Tencent's total revenues in 2016 were 151,938 million yuan (US$21,903 million), an increase of 48% YoY. Operating profit was 56,117 million yuan (US$8,090 million), an increase of 38% YoY. Profit for the year was 41,447 million yuan (US$5,975 million), an increase of 42% YoY. … [Read more...]
Top 100 most valuable Chinese brands in 2017
The total value of China's top 100 brands grew by 6% to hit a record level of US$557.1 billion according to BrandZ™ Top 100 Most Valuable Chinese Brands by WPP and Kantar Millward Brown. … [Read more...]
60% of China’s media spend will be on mobile by 2021
Mobile will become China's largest advertising spend channel according to eMarketer. About 60% media spend will be on mobile platforms by 2021, accounting for 82% of total online advertising spend. … [Read more...]
Top 30 Chinese Export Brands 2017
Lenovo was ranked the most powerful Chinese export brand by WPP and Kantar Millward Brown, followed by Huawei, Alibaba, Elex and Xiaomi. … [Read more...]
China social media ads market overview Q3 2016
China social media advertising and marketing market reached 6.38 billion yuan, an increase of 17.7% QoQ. … [Read more...]
Digital ad revenue forecast 2016-2018: Baidu, Alibaba, Tencent
China digital ad spend is to reach USD 41.66 billion in 2016, accounting for over 20% of global's total digital ad spend according to eMarketer. … [Read more...]
Forbes: Alibaba, Tencent Asia’s most valuable companies in 2016
Each year Forbes Fabulous 50 list identifies the corporate stars of the Asia-Pacific region. Alibaba is named the most valuable company on this list this year, followed by Tencent. … [Read more...]
WeChat monthly active users reached 806 million in Q2 2016
Combined MAU of Weixin and WeChat were 806 million, an increase of 34% YoY, according to Tencent's Q2 results. … [Read more...]
Tencent named the second most valuable brand in China
The World Brand Lab recently released "China's 500 Most Valuable Brands" report in Beijing, China. State Grid, Tencent, and ICBC ranked top 3 most valuable brands valued around 305.6 billion yuan, 287.6 billion yuan, and 274.8 billion yuan respectively. … [Read more...]