Although you could say this about almost any week these days, this week was sort of the week of WeChat in China. What went down? Prepare to find out in 3, 2, 1…
1. China’s M-Commerce Shopping Spree to Hit $27.1 Billion in 2014, Surpassing US Mobile Shoppers (Infographic)
China’s e-commerce industry is big. How big? Really big. Specifically, $27 billion dollars big. This infographic breaks down the sometimes overwhelmingly huge market that is Chinese e-commerce.
2. Xiaomi to Start Selling Smart Shoes (Yup, You Read That Right)
Xiaomi has confirmed that in addition to regular shoes, the company is also going to be selling smart shoes that are capable of doing things like tracking your heart rate and distance run. Sounds cool, and it could be China’s first real foray into consumer-market wearable tech.
3. Hailing WeChat and Mobile Progress, Tencent Posts $7 Billion in 2012 Revenues
Tencent is an 800-pound gorilla…or perhaps, an 800-pound penguin? Either way, the company is kicking ass with WeChat, and it is paying off with every company’s favorite reward: buckets of cash.
4. Tencent: Mobile Gaming Platform For WeChat to Begin Testing Soon
Speaking of Tencent and buckets of money, gaming is one of Tencent’s three ways to monetize WeChat and we’re starting to see the first hints of what gaming in WeChat is going to be like.
5. Chinese Teen Murders His Parents So He Can Play Web Games in Peace
Some of China’s gamers are seriously crazy. This story has sparked another discussion in the gaming community about addiction and how to handle children who get too attached to gaming and the web.
That’s all for this week, folks! For our full spread of China coverage, you might like to subscribe to our China RSS feed.
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