Thu

22

Nov

2012

Daily Digital Pulse Of China: Weixin, Baidu, YY

China Digital

Weixin to Launch Mobile Gaming platform soon?

It seems Weixin is now making faster and longer strides towards monetisation. Rumour has it that the most popular text and voice messaging communication service in China would be launching a gaming platform in the wake of its public platform, new O2O initiative as well as mobile loyalty program. Weixin has crossed around 200 million users, with its huge user base, it may be the right time to monetise that user pool.

Source: Tech Node

China E-Commerce

What Should Baidu Acquire With $1.5 Billion?

With $1.5 billion now on its side, the question is what will Baidu, China’s biggest search engine, go and invest in to expand their business over the next couple of years? There are strong speculations Baidu will concentrate in Southeast Asia in enable to compete with its rival Google. Having already active in Japan, Brazil, and Egypt. It most certainly will be interesting where Baidu’s next step will lead towards.

Source: Tech In Asia

China E-Commerce

YY Stock Up 8.5% After First Day of Trading

All eyes were on YY today as the Chinese gaming community was officially listed and offered for trading on the NASDAQ. Over the past few years, some Chinese tech companies have been having a tough time in the US markets. Today’s first day of trading, it ended at $11.39 a share, up 8.48 percent over its initial price of $10.66 per share.

Source: Tech In Asia


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