9 must-read tech stories in China this week

This week was all about numbers. And this being China, they’re going to be massive numbers. Prepare for a numbersgasm.

1. All the facts and stats on China’s 591 million web users (INFOGRAPHIC)

Who doesn’t love an infographic? Especially one that tells you so much about so many people.

2. Boosted by Messi’s endorsement, WeChat scores 100 million users outside of China

Tencent’s much talked about messaging app WeChat has doubled its out-of-China user count in the past three months.

3. Tencent posts Q2 financials, says WeChat now has 236 million active users

Alongside revenue of $2.33 billion in Q2 for Tencent, WeChat rose to a new high in terms of monthly active users. For comparison, Whatsapp is at 300 million.

4. After 7.45 million pre-orders, Xiaomi sells first batch of 100,000 budget phones in 90 seconds

Xiaomi’s cheapest ever Android smartphone, which costs $129, got a warm reception from Chinese consumers when it hit the market at the start of this week.

5. Sina Weibo valued at $6 billion: $30 million in ad revenue, user activity climbing

Sina also laid bare its Q2 report this week. Aside from lots of financial details, it also showed that Sina Weibo’s daily active users jumped to 54 million in June.

6. China’s mobile payment market has tripled since last year

Check out the eye-wateringly huge amount of cash that’s processed by mobile e=payments apps in China. The number grew 363.9 percent in the past year.