Posts Tagged: Q1 2014


Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

China's Weibo pulled in $67.5 million in revenue in Q1 2014. This is the first earnings report since its IPO.

  • May 22, 2014
  • at 10:54 am
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ecommerce spending in China, Q1 2014

As world awaits Alibaba IPO, China’s ecommerce spending grows to $74 billion in Q1

New figures out today show that spending on China’s ecommerce sites keeps growing, hitting a grand total of RMB 446.44 billion (US$74.03 b...

  • May 20, 2014
  • at 11:19 am
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WeChat grows to 396 million active users

WeChat grows to 396 million active users

WeChat has now grown to 396 million monthly active users, says the messaging app's maker, Tencent.

  • May 14, 2014
  • at 6:17 pm
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Facebook clocked Thailand

Facebook still unstoppable as it grows to 390 million active users in Asia

Facebook now has 390 million monthly active users (MAUs) in Asia, from a grand total of 1.276 billion around the world.

  • April 24, 2014
  • at 11:57 am
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pretty girl ferrari selfie

China has 10 times more people, but Japan still outspends on iOS apps

In Q1 2014, China's revenue growth was stronger than download growth for the first time. Games accounted for the majority of that rise.

  • April 16, 2014
  • at 3:18 pm
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After a stellar start to new year, Xiaomi ups 2014 sales target to 60 million

After stellar start to new year, Xiaomi ups 2014 sales target to 60 million

Xiaomi founder Lei Jun is spewing out more numbers than the Count in Sesame Street today. After saying that Xiaomi plans to sell 100 million...

  • March 31, 2014
  • at 3:42 pm
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Lenovo sold 50 million smartphones globally last year, remains China's number 2 smartphone brand

Lenovo sold 50 million smartphones globally last year, remains China’s number 2 smartphone brand

Lenovo sold 50 million smartphones and 9.2 million tablets in the previous year, marking the fourth quarter in a row that it has sold more t...

  • May 21, 2014
  • at 6:40 pm
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Tencent Q1 2014

Tencent pulls in $2.95 billion in revenue in Q1 as WeChat gaming takes off

Chinese web giant Tencent (HKG:0700) had a blockbuster Q1, according to its new financial report today.

  • May 14, 2014
  • at 7:12 pm
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Xiaomi breaks into global top 10 in terms of smartphone shipments, moves up to 3rd in China

Xiaomi breaks into global top 10 for smartphone shipments, kicks out HTC

Boosted by buyers in China, half of the worldwide top 10 phone brands are now Chinese. Huawei is third, Lenovo fourth, Xiaomi debuts in sixt...

  • May 13, 2014
  • at 12:39 pm
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Sina launches Weibo Wallet app

Hours ahead of IPO, Weibo fails to sell out shares, will raise only $286 million

Only 16.8 million of Weibo’s 20 million shares have been sold, meaning that Sina Weibo will raise just $286 million from its IPO - not the...

  • April 17, 2014
  • at 5:16 pm
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Sina Weibo IPO

Weibo posts net loss one day before IPO, user engagement casts a shadow

Weibo yesterday made a final amendment to its prospectus, showing the social network's financial performance during the first quarter of thi...

  • April 16, 2014
  • at 11:58 am
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