Westore on the Wechat platform is one of Tencent’s latest efforts to build up its e-commerce product lines as it takes aim at rivals including Alibaba.
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Posted inTurf Wars
CHINA VOICES | ‘Abandon your fantasies’: bloggers to Bytedance
The Bytedance situation: 1980s Japan, or the Korean War? China’s netizens agree that it’s in for a rough time, but not on what it should do.
Posted inHeavy Hitters
WeChat doubled mini program GMV in 2020
The Covid-19 pandemic accelerated consumer adoption of e-commerce on WeChat and powered growth, as confined shoppers spent more time browsing on the app.
Posted inOn the Cusp
Latest WeChat update hints at its ‘operating system’ ambitions
WeChat rolled out a new update that allows users to find and move around its download-free mini-programs more easily.
Posted inHeavy Hitters
Tencent’s impressive financial growth leaves room for uncertainty
Tencent released it’s Q1 2018 financial earning ending on 31 March 2018. Here are some highlights: 65% rise in net income to RMB 23.97 billion, and 48% rise in revenues to RMB 73.53 billion, both powered by games, ads, and cloud service WeChat MAU grow 10.9% YoY to 1.04 billion Gaming remains the engine of the company, RMB 21.7 billion …
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The post Tencent’s impressive financial growth leaves room for uncertainty appeared first on WalktheChat .
Posted inHeavy Hitters
8 things to know about the Chinese tech giant behind Tiktok
Bytedance isn’t just Tiktok. The Beijing-based company is the world’s most valuable tech startup. Here are seven things you should know about it.
