Posts Tagged: Q2 2014

tumbleweed

Renren, once hailed as China’s Facebook, is dead in the water as active user numbers drop

Renren, the social network once lauded as “China’s Facebook”, is on a slow and agonizing path towards its own vanishing point.

  • August 28, 2014
  • at 3:11 pm
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JD boosted by WeChat, sees $10 billion in consumer sales in Q2

JD gets online shopping boost from WeChat, sees $10 billion in consumer sales in Q2

JD, China’s second biggest ecommerce company, saw RMB63.0 billion (US$10.2 billion) in consumer sales in Q2 2014, the firm revealed today.

  • August 15, 2014
  • at 6:21 pm
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WeChat gaming and World Cup push Tencent to $3.2 billion in revenue in Q2

WeChat gaming and World Cup push Tencent to $3.2 billion in revenue in Q2

Tencent’s profit hit RMB 5.84 billion (US$948.26 million) in Q2, up 59 percent on the same period a year ago.

  • August 13, 2014
  • at 5:58 pm
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Gree admits failure with browser-based mobile gaming, shifts half of workforce to make native games for iOS and Android

In response to crashing revenue and net income, Gree is leaving browser games behind in favor of native mobile games.

  • August 13, 2014
  • at 4:39 pm
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Huawei shipped over 34 million smartphones so far this year thanks to big screens and emerging markets - H1 2014

Huawei shipped over 34 million smartphones so far this year thanks to big screens and emerging markets

Chinese gadget maker and telecoms giant Huawei shipped 34.27 million smartphones in the first six months of the year, the company revealed t...

  • July 29, 2014
  • at 1:15 pm
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Facebook Asia ARPU is $1

Facebook hits new milestone, now makes an average of $1 from each of its 410 million active users in Asia

The newest Q2 2014 earnings release from Facebook shows yet more strong growth for the social network in Asia.

  • July 24, 2014
  • at 5:05 pm
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Youku mobile

Youku reaches half billion visitors for first time, but share price tumbles on pessimism

Youku reached 500 million monthly unique visitors for the first time, the company said today in its Q2 2014 earnings report.

  • August 20, 2014
  • at 11:19 am
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Weibo grows to 156.5 million monthly active users, but still losing money in Q2 2014

Weibo grows to 157 million monthly active users, but still losing money in Q2

The Twitter-esque Sina Weibo (NASDAQ:WB) is now up to 156.5 million monthly active users (MAUs), according to the company’s Q2 2014 earnin...

  • August 15, 2014
  • at 11:24 am
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Boosted by WeChat, China's mobile gaming market worth $590 million in Q3 2013

WeChat reaches 438 million monthly active users as growth slows

WeChat is now at 438.2 million monthly active users (MAUs). The messaging app helped Tencent pull in over US$480 million from social gaming ...

  • August 13, 2014
  • at 5:17 pm
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Xiaomi leaps over Samsung, is now China’s biggest smartphone brand

Xiaomi leaps over Samsung, is now China’s biggest smartphone brand

In new numbers for Q2 2014 from Canalys, Xiaomi has leap-frogged Samsung to become China biggest smartphone brand in terms of shipments.

  • August 5, 2014
  • at 2:33 pm
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Baidu's search engine reaches 500 million active users on mobile

Baidu’s search engine reaches 500 million active users on mobile

Baidu CEO Robin Li hails the fact that the company’s mobile revenue now accounts for 30 percent of the web giant's total revenue.

  • July 25, 2014
  • at 4:14 pm
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 Apple sees growing $5.94 billion revenue in China from April to June

China excites, Japan disappoints in Apple’s newest earnings

Apple’s newest financial earnings report (for fiscal 2014 Q3; or April to June in human time) shows stellar growth in China.

  • July 23, 2014
  • at 1:18 pm
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