E-Commerce
CCB's e-commerce did a good job but are not interessted in a cooperation with Taobao
China Construction Bank just entered the ecommerce industry and did a good job. But they made it clear that there is no intention to cooperate with Taobao. Giant grasp of business information is their real purpose to provide innovative financial services. The Bank of Communications has already set up a flagship store in Taobao. And Taobao users can directly purchase their financial products online. Perhaps in the future banking giants will play a central role in the battle of the ecommerce industry.
建行电商善融商务 无意与淘宝等血拼
刚刚踏入电商“浑水”的建行业绩不错。开业一个多月，商户数过千，会员数几十万。建行明确表示，无意与淘宝等电商巨头血拼，从源头上把握商户信息、提供创新金融服务才是真正目的。据了解，交通银行淘宝旗舰店已经开业，淘宝用户可以直接在线购买银行理财产品。或许未来的电商之争会不时显现几大银行巨头的身影。
Source: IT Feed
Digital
Recharge Your Mobile Phone With Dangdang
E-commerce platform Dangdang have relaunched their website, which now includes a new feature: You can now recharge your prepaid mobile phone account directly from the website if your a customer of the mobile provider Unicum. The money is automatically withdrawn from your bank account and therefore makes this process really comfortable.
当当布局虚拟业务
随着当当网新版首页正式上线，当当网新首页在右侧显著位置增加了话费充值功能，通过这项功能联通、移动、电信用户都可以通过当当网进行话费充值，加上之前当当涉足团购业务，一系列举动表明当当正悄然布局虚拟业务。
Source: Ebrun
Digital
See how your friends perceive you on Sina Weibo
Just allow the China-based startup “TaoU” to connect to your Sina Weibo account and you can see how your friends perceive you based on keywords, who your closest weibo friends are and much more. It also offers the functionality to find content based on interests. So far 220,000 people use this app.
Source: Tech in Asia
Digital
Meituans' single-day sales is over 20 million RMB
Group buying site Meituan announced that their single day sales are now more than 20 million RMB for the first time. Users mostly buy products and services that are close to them, since local stores account for 90%. In December last year, Meituan was the first group buying site, whose sales were over 10 million RMB.
美团单日销售额超两千万 本地服务占9成
"团购网站美团网今日对外宣布，单日销售额首次超过2000万。据悉，2012年8月10日，美团网的销售额为21,766,456元。 2011年12月16日，美团网的的销售额为10,566,756元，成为当时首家日销售额超千万的团购网站。 "
Source: Ebrun
Digital
Tencent earns $470 million just from QQ instant messaging service
Tencent has 752 million active QQ users and over 30million are paid members which pay about 10 RMB per month. They usually buy credits to pay for games or VIP memberships that allow fast track QQ rank promotions and extra discounts on the next credits. Tencent is also operating in Vietnam, Thailand, Indonesia and India. And another eye is set on U.S/Western markets with focus on gaming.
Source: Tech in Asia
Digital
Baidu On Its' Way Up With Maps
Same scenario as in search happens with maps: Google keeps losing market share, whilst Baidu is gaining. According to research firm Analysys International, Google takes up 17.5% and Baidu 17.3% of the market. The leader here is still Autonavi with 25.7%. Moreover the research company states, that mobile mapping market grew 33% from the previous quarter.
Source: Tech in Asia
Digital
More Chinese companies are entering the premium jewelry segment
Although Western jewellery brands dominate the Chinese market, some Chinese companies also try to establish. A well known Chinese jewellery designer is Wan Baobao. She founded her jewelry brand “Bao Bao Wan” in 2007 and has emerged as one of China’s most notable high-end jewelry designers. On August 22 she will celebrate her newest collection “And the little Ones” in Hong Kong.
Source: Jing Daily
E-Commerce
360Buy's Q2 sales is far more than Amazon's & Dangdang's
According to Eguan's data 360Buy's Q2 sales reached 35 billion RMB, far more than those of the competitors Amazon, Dangdang, V+ from Vancl and 1haodian. In Q2 China's B2C turnover reached 578 billion, that is 58.5% of the whole B2C turnover.
京东二季度POP销量35亿 远超亚马逊当当
根据易观网最新数据显示，独立B2C电商开放平台中，京东商城第二季度销量达到35亿规模，远远超过亚马逊中国、当当网、凡客V+和1号店等。
Source: Ebrun
Digital
Chinese Video Platform Tudou Has Made Net Losses, But May Rise Again
Tudou has published its Q2 financial report, which shows that the company had made a net loss of 154.7 million RMB. Youku, which also is a Chinese video platform, has aquired Tudou on March 12th. On August 20th the annual generel meeting of Youkous' shareholders will take place and a decision will be made, if and how the video platforms will be merged or remain as separate platforms.
Source: China Tech News