Top Stories Tamfitronics Tencent’s super app WeChat has added a fresh feature that is designed to send breaking news alerts on top of users’ other official account subscription notifications, in an effort to make the messaging app more competitive in information distribution. Sources of the latest news for the alert mostly come from China’s official […]
Top Stories Tamfitronics The minimum buy of WeChat Moments advertisement is further reduced from 200,000 yuan (US$30,418) to 50,000 yuan (US$7605) in an attempt to attract more small and medium companies. Monthly active users (“MAUs”) of WeChat, including Chinese version Weixin, reached 762 million in Q1 2016 according to the latest Tencent financial results. And, […]
Top Stories Tamfitronics The total number of monthly active users on WeChat reached 963 million, an increase of 19.5% YoY according to Tencent’s latest financial results. QQ MAUs dropped 3.9% to 662 million. Tencent achieved 59% YoY revenue growth in Q2 2017 to RMB 56,606 million (USD8,356 million), driven primarily by smart phone games and […]
Top Stories Tamfitronics In 2016, 83% Chinese users use multi devices for social shopping, 78% for online shopping according to McKinsey Digital Consumer Survey. E-commerce retail sales account for over 50% of China’s total product value in lower tier cities; online shoppers growth rate is 61%, higher than that of the first-tier and second-tier cities. The […]
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