Here are all of the posts tagged ‘Facebook’.
New business emerge out of Indonesia’s wave of social media ecommerce
Indonesia, the world’s 4th largest market for Facebook, and 5th for Twitter, is seeing innovative new businesses in social media ecommerce. Indonesian users on social networks have been buying and selling on platforms such as Instagram and Facebook. This phenomenon has seen a rise in unique ecommerce businesses that seek to harness this wave. Players such as Shopious, Kleora and Oiffel aggregate content from registered sellers’ Instagram profiles, helping them reach new audiences – a challenge previously faced by sellers.
Amazon aims to deliver groceries in just 2-4 hours in India
Tapping on local family-run convenience stores, known as kirana, Amazon is trying something new in India. With a new hyperlocal delivery service called Amazon KiranaNow, shoppers can get food and other essentials in just a few hours. This service is currently available only on mobile and in one city, Bangalore.
Tencent’s profit rises by 50%
Tencent, the Chinese internet giant that owns WeChat, posted net profit of $941m for Q4 2014, up 50% year-on-year. Total revenue hit $3.37bn, a 24% rise over the same period and largely attributed to mobile games and advertising.
In addition, the company also announced that as of Q4 2014 WeChat has 500 million monthly active users. This is a 6.8% increase from 468 million in Q3 last year.
Rules for posting on WeChat
WeChat has released 10 ‘commandments’ for posting to its news feed, known as Moments. One of these in particular has caused censorship controversy, as it forbids:
…dissemination of content that is opposed to the basic principles of China’s Constitution, socialist system, national unity, sovereignty and territorial integrity.
The remaining nine are more straightforward: thou shalt not infringe, be erotic, be violent, gamble, scam, organize crime, counterfeit, false advertise or make empty promises.
Twitter to open an office in Hong Kong
While Twitter may be blocked in China, that is not stopping them from starting an office in Hong Kong to help Chinese companies grow their businesses overseas. Following Facebook‘s strategy, Twitter’s move is in a bid to grow itself even in markets where it does not have any users.
Snapchat received US$200M in funding by Alibaba
Continuing its investment spree, Alibaba has recently invested US$200 million in American chat app Snapchat. Just last year, Alibaba also invested US$280 million on another American chat app, Tango in line with its broader strategy of expanding its global reach.
Line adds 1.7 million new users a day
Jeanie Han, CEO of Line Euro-Americas, recently shared some stats at the Mobile World Congress that took place last week. During her keynote, she shared that Line currently has over 560 million registered users worldwide, with 1.7 million additional new users every day. Interestingly, she calls Line a “life platform” with 65 different apps including a mobile payment system (Line Pay) and Uber competitor (Line Taxi) that will be coming to more countries soon.
Tokyo-based startup launches VideoSelfie for Android
Just three months after its IOS release, Pocket Supernova recently announced the launch of VideoSelfie for Android. The app allows real-time editing, GIFs, filters and more. With the backing of two new investors, VideoSelfie will be partnering with local celebrities and influencers to expand its growth in Southeast Asia.
Twitter officially opens its Jakarta office
Last Thursday, news broke via Twitter that the social media giant has finally arrived in Jakarta – making it the second largest platform after Facebook to set up shop in Indonesia. The announcement was made from the official account of Twitter Indonesia, @TwitterID as well as by @justmaul, Twitter’s Campaign Manager for Southeast Asia.
— Twitter Indonesia (@TwitterID) March 5, 2015
China’s social network sites remove fake accounts
An estimated 60,000 fake accounts have been removed by Sina Weibo, WeChat and QQ — China’s top social media sites. This comes after the country’s State Internet Information Office (SIIO) implemented new regulations to “promote the healthy development of the internet industry”. These regulations include banning the use of certain nicknames, impersonation accounts of public figures, as well as parody accounts or handles that may be deemed inappropriate.
$2.2 million of Bitcoin red packets sent through WeChat
Using OKLink, WeChat‘s integration with OKCoin‘s mobile wallet, $2.2 million worth of Bitcoin red packets were sent in China during the week-long Chinese New Year holiday. While this amount is a much needed boost to the cryptocurrency, it pales in comparison to the amount of conventional currency that was sent through WeChat. On the eve of Chinese New Year alone, the company reported that 1 billion red packets were sent, although the total amount transacted was not disclosed.