Tencent published its Q3 finance report on November 13, by the end of September 30 2013, Tencent’s total revenue in Q3 reached 15.54 billion yuan (USD 2.53 billion), 34.3% more than that of 2012.
Search Results for: social e-commerce
Best-Selling Brands On Double 11 2013
The total transaction on China’s biggest online shopping day – Double 11, which was November 11 2013 known as Bachelor’s Day, reached 35 billion yuan (USD 5.71 billion). According to ebrun, one of the biggest Chinese E-Commerce social media, the best-selling brands of clothing, cosmetics, diaper, jewelry, personal care and watch were listed in the charts […]
China Mobile Shopping Market Reached 34.1b Yuan in Q3 2013
According to Enfodesk, China mobile shopping market in Q3 2013 reached 34.1 billion yuan (USD 5.56 billion), with a QoQ increase of 17.7% and a YoY increase of 104%, growing pretty fast. The growth in Q3 was due to the drive of e-commerce enterprises. They improved mobile-end user loyalty by offering discount and coupons, in […]
Half of Chinese B2B Websites Suffered a Net Profit Drop in H1 2013
According to a research by ebrun.com, one of the biggest Chinese E-Commerce social media, 47.8% respondents said their websites net profit dropped in the first half of 2013, and websites with decrease of paid members occupied 52.1%. 52.1% respondents said revenue increased compared to last year in the first half of 2013, 30.4% said revenue […]
Top Sharing Website Verticals on Wechat
According to JiaThis.com, a social sharing company, top shared websites category on Wechat in July 2013 was living services services. Since the launch of Wechat, sharing on Wechat has been increasing all the time. In July 2013, except for E-Commerce websites who had a slight drop, other categories of websites sharing on Wechat all went […]
Alibaba B2B Single Day Transaction Broke USD 679 Million
1688.com, Alibaba’s domestic B2B platform in China, announced on September 5 2013, that the total amount of online transaction on September 4 2013 broke 4.19 billion yuan (USD 679 million). A new record in global B2B market. On September 4, 2013, 230,000 sellers on 1688 made 2.52 million transactions, online transaction in single day mounted […]
Top 10 Weibo Accounts Followed by University Students
Chinese Academy of Sciences and Sina Weibo jointly released a Chinese University students Weibo usage analysis in August 2013. By the end of June 2013, top 10 celebrity accounts followed by university students is shown above. He Jiong, a Chinese TV host, ranked top with 6 million university followers. Music star Lee-hom Wang and executive […]
Sina Reached Strategic Partnership With NBA
On August 6 2013, Sina and NBA announced their strategic partnership. Sina is NBA’s official internet partner and online community partner, reaching to a deeper cooperation three years after their first alliance in 2010. Their cooperation will begin in three areas: mobile broadcasting, community interaction and live video. NBA live games will attract lots of […]