Which Are China’s Top 6 Online Gaming Companies?
These are the six market leaders in China that pulled in just over $2 billion in revenues in Q1 (in descending order): Tencent, Netease, Changyou, Shanda Games, Perfect World and Giant. According to ireasearchchina.com, their gaming transactions total for Q1 was $2.07 billion which can be considered a massive growth in comparison to the numbers from last year when the entire industry in China was worth $1.78.
Source: iresearchchina.com
Sina Weibo Puts Daily Deals In The Social Stream
Five weeks after Alibaba invested nearly $300 million to take significant stake in Sina Weibo, we can see some major social commerce changes with the launch of daily deals on the Chinese microblogging website. The brand-new deals portal on Weibo is centered around tuan.weibo.com and over 500 million registered users will find the group deals popping in their social stream, according to techinasia.com. For the paid deals, there are no actual transactions happening on Weibo, so anyone who clicks the deal is lead from Weibo to the vendor’s e-commerce site. To claim free or promotional deals, the Weibo users will have to follow the vendor and retweet the deal.
Source: techinasia.com
Mozilla Plans Smartphones For Emerging Markets
Mozilla Corp is planning to team up with phone manufacturers to launch smartphones priced below $50 in emerging markets, according to wsj.com. Li Gong, Mozilla senior vice president of mobile devices, the company behind the popular Firefox Web browser is seeing huge opportunities in markets like India or China where “the customers and carriers crave for affordable smartphones” and the low-cost segment is underserved.
Source: wsj.com