Chinese Internet company Tencent is establishing a new advertising division in its Palo Alto office to provide services to American …
In 2016, the world’s computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to …
The Chinese gaming market scale will reach USD26 billion by the end of 2017 and mobile games will continue to …
China’s Tencent Games achieved operating revenue in 2016 of USD10.2 billion, a year-on-year increase of 17%, which makes it the …
Chinese e-commerce giant Alibaba Group realized USD11 billion mobile advertising revenue in 2016, accounting for 40.3% market share in the …
Chinese B2C e-commerce website JD.com and social media content platform Toutiao.com announced that the two parties have reached a strategic …
Tencent Holdings recorded gross revenue of RMB35.691 billion (US$5.382 billion) during the second quarter, a 52% increase over the same …
Shen Boyang, LinkedIn’s global vice president and China president, said that the company’s number of users in China has surpassed …
Alibaba Group announced that they will invest USD1 billion to subscribe a controlling stake in Lazada, including about USD500 million …
Chinese smartphone maker Xiaomi recently led the investments of USD25 million in Hungama Digital Media Entertainment, an online music and …
Apple’s new 4-inch smartphone iPhone SE had received over 3.4 million orders in the Chinese market. According to statistics provided …
The past year has seen both more civil unrest and more advanced cyber attacks in Hong Kong. Is there a …
Chinese mobile phone users sent out a total of 699.2 billion short messages in 2015, according to statistics from the …
China’s online gaming users reached 534 million in 2015, a year-on-year increase of 3.3%, according to the latest report from a trio of game watchers. During China’s Game Industry Annual Conference 2015, the Game Publishers Association Publications Committee of the China Audio-video and Digital Publishing Association, Gamma Data, and IDC jointly published their “2015 Report […]
In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles’ Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted more than USD9 billion in sales on China’s Singles’ Day. And this year rivals JD.com and Suning hope […]
China Internet Network Information Center’s latest Internet statistics showcase the breadth of the country’s online population. Its recently published 36th Statistical Report on Internet Development in China states that by June 2015, China had 668 million netizens, representing an increase of 18.94 million netizens over the past six months. At the same time, China’s Internet […]
Alibaba is working directly with foreign embassies in China to expand its influence and sales potential around the world. The e-commerce company has opened 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies in China. A total of 11 countries, including United States, […]
China Mobile, China Unicom and China Telecom published their performance for the first quarter of 2015 and all of them reported a net profit decline during the period. China Mobile said that the company’s operating revenue in the first quarter of 2015 was CNY160.9 billion, a year-on-year increase of 3.9%; while its net profit was […]
Consumer complaints during the first quarter of 2015 for Internet shopping increased by 174.4% year-on-year to 24,100 cases, according to statistics published by State Administration for Industry and Commerce of China. The State Administration revealed that China’s nationwide industry and commerce administrative units received a total of 1.701 million consumer complaints, reports and inquiries in […]
On Valentine’s Day, two of China’s taxi-hailing apps agreed to merge. But is this a good business decision and does it benefit consumers in China? China’s two leading taxi-hailing apps Didi Dache and Kuaidi Dache jointly announced on February 14, 2015, that the two companies will realize a strategic integration and they will hold an […]
During the first half of 2014, the number of adults using the mobile Internet in Taiwan reached 9.87 million. The Taiwan Network Information Center published a report on the broadband network usage in Taiwan in 2014, which said that over the past three years, Taiwan’s Internet growth rate maintained a rate of over 70% and […]
Chinese telecom operator China Mobile announced its annual results for 2013 in Hong Kong, and those financial numbers did not impress. During the entire year of 2013, China Mobile’s operating revenue was CNY630.2 billion, a year-on-year increase of 8.3%; but its net profit was CNY121.7 billion, a year-on-year decrease of 5.9%. This is reportedly the […]
China Central Television published a report on China’s economic life between 2013 and 2014 which shows that 81.52% of Chinese families had online shopping experiences in 2013. Compared with other consumer groups, university students and people in management positions shopped online more often, especially those in the 18-25 age demographic. By region, citizens in Hainan, […]
From January to September 2013, Beijing’s Internet retail sales reached CNY63.73 billion, exceeding the retail sales of traditional department stores, and the sales accounted for over 10% of the total retail sales in Beijing for eight consecutive months, according to Lin Ya, secretary general of Beijing Electronic Commerce Association. Lin said that compared with traditional […]
China’s Internet consumption maintained rapid growth and the 3,000 retail enterprises monitored by China’s Ministry of Commerce realized a year-on-year increase of 34.7% in the Internet sales sector from January to September 2013. Mofcom predicted that during the first three quarters of 2013, the Internet consumer retail sales would reach CNY1.3 trillion, which is equal […]
China’s TravelSky Technology Limited and Sugon Information Industry Company Limited have signed a strategic agreement covering cooperation in joint research and big data analysis.
According to Yan Xiaobing, vice president of the Chinese e-commerce website JD.com, the company aims at the retail sales of nearly CNY100 billion by the end of 2015.
Chinese Internet company Tencent announced that its WeChat service has gained over 50 million registered users.
