26. February 2014
China E-Commerce Tencent’s Video App Reach 160 million Views on Valentine’s Day Tencent’s vine-like video sharing app, Weishi, had over 160 million views on Valentine’s Day. The app allows users to make 8-second video snippets with options to add tunes and themes to the recorded content. On Valentine it had been prepped with romantical themes, such as writing “kiss” or “love” in the corner of the screen. Weishi can be shared on any Chinese SNS, but work best as embedded media in...
25. February 2014
China E-Commerce Over 100 Million Alipay Payments During Spring Festival Over 100 million Alipay payments were made during the seven-day holiday of 2014 Spring Festival, 52% of these were mobile. Meanwhile Alibaba announced that the real-name users of Alipay approached 300 million by the end of 2013, with more than 100 million users using the mobile service for most of payments. Altogether subscribers made 12.5 billion payments during 2013, totaling over CNY900 billion. Data also revealed that...
24. February 2014
China E-Commerce Alibaba May Buy AutoNavi Alibaba Group Holdings revealed that they are interested in buying Autonavi. The E-commerce enterprise has provided a non-binding proposal letter to digital map content and navigation company AutoNavi, purposing $1.1 billion to make it a wholly owned subsidiary. Currently Alibaba holds about 28% of AutoNavi’s shares. If the deal goes through, Alibaba said the goal is to improve customer service capacity by sharpening the competitiveness of AN’s map...
17. August 2009
In response to Serkan Toto's Post on Japan's most valuable Internet Companies, we compiled a list with the Top 30 Internet & Telecommunication Companies on the Chinese market. They are ranked according to their market capitalization, whenever possible we link to the English Version of their homepage. Note: Market Cap is based on the stock prices of the 18th of August 2009, for their current value click on the Stock Exchange Link. While currently most companies are listed either in the US...
07. April 2009
The following is a reprint of our recent guest post on Techcrunch. A big thank you goes out to David Li and Richard Yu, who wrote on this article together with Web2Asia's George Godula. Additionally we would like to thank Season Xu, Keso, Herock and Web2Asia's Michael Hohenwarter who also contributed to this article. Despite China's massively growing internet market, international giants like Google and Facebook are having trouble making gains with the 300 million Chinese online users. China's...