Here are all of the posts tagged ‘Google+’.
WeChat’s movie ticketing app raises $105M in series B funding
WeChat’s movie ticketing app, WePiao, has announced the completion of a US$105 million series B round of funding from investors such as real estate giant Wanda Group, Chinese film investment fund Wenzi Huasha, etc. Besides purchasing tickets, users can choose their seats and order drinks and popcorns via the app. With Alibaba’s recent acquisition of Yueke Software Engineering, this move appears to be a reaction to capture the burgeoning online movie ticket sales that has risen from 8% to 30% from 2013-2014 in China.
Facebook users in Asia still resistant to online and in-app purchases
Even though Facebook has reported a healthy growth in revenue and users across Asia, much of its revenue is still very much dependent on Facebook advertising. In Q1 2015, 96.7 percent of Facebook’s Asia revenue was from ads, up from 89.3 percent in Q1 2013. Compounding on this problem is the fact that rival messaging apps such as LINE and KakaoTalk, where in-app purchases generally happen, are dominating the Asian market compared to Facebook’s chat app. Read the rest of this entry »
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.
China’s Lunar New Year TV show gives away cash through social media
In a twist to the traditional red packets that are given out during Lunar New Year, China’s state TV extravaganza gave away cash to viewers via platforms like WeChat and Weibo. The 5-hour Chinese New Year’s Eve TV show gave away RMB 500million in cash during the broadcast by getting viewers to shake their phone when prompted. This made use of WeChat’s existing Shake feature, usually used to find fellow users of the messaging app nearby. Weibo users went through the more conventional route of clicking links.
Google launched a localised version of its YouTube channel for developers in China
Google is continually opening up its Android platform to mobile developers in China, this time announcing the launch of a Chinese version of its Google Developers YouTube channel. This new channel will help the US firm’s move last November (of allowing Chinese developers to earn money via Android apps, although only from users based outside of China since Google Play still remains blocked there) by increasing access to information resources to developers. However, viewers currently require a VPN connection to access the channel.
Google Capital seeks to move into India
Google Capital, an investment arm of the tech giant that focuses on mid-stage technology companies, has set its sights on India. In the first expansion of its kind outside the US, Google Capital has been interviewing candidates for a position to lead their efforts in India – a country that has recently surpassed the US in terms of number of Internet users.
Tencent invests in Chinese public wifi provider
WiWide, one of the earliest entrants to the Chinese public wifi sector, has recently received RMB 300 million (US$49 million) series C funding from Tencent and Dianping as part of WeChat’s public account WiFi connection program. WeChat users would now be able to connect to a local wifi hotspot by following a business’ public WeChat account, allowing businesses to then push alerts and promotions to connected customers through WeChat.
Users with higher education and salary tend to have more WeChat contacts
A recent report by Beijing Normal University shows that the penetration rate for WeChat in Beijing and Shenzhen accounted for 51.7%. An interesting finding was that 40% of the users have only 50 WeChat contacts or less. In China, male users have more contacts than female users, and users with higher education and salary tend to have more WeChat friends.
Korean chat app Kakao Talk launches secret chat
Kakao Talk, now called Daum Kakao (after merging with one of Korea’s largest Internet portals), has rolled out a new ‘secret chat’ mode that has an end-to-end encryption feature. This is in response to the recent privacy storm of President Park Geun-hye wanting to get hold of user data. This encryption feature would ensure that all ‘secret chat’ messages would only be readable by users involved in the conversation and no data would be accessible to other parties, even Daum Kakao.
Line Pay goes global
Messaging app Line is expanding its e-payment system, Line Pay (previously only available in Japan) to the entire world. Line Pay allows users to register a card, with which they can make purchases on the Line store and in participating offline shops. Read the rest of this entry »
Line announces slew of new services
After news last week that Line will offer a personal finance app by Spring 2015, the company’s COO has announced at the Line Conference Tokyo 2014 that it is offering even more services. Driven by the company’s vision to become “the smartphone gateway for your life”, Line is offering a new payment application (Line Pay), a taxi-booking service (Line Taxi) and a delivery service (Line Wow).
Line Pay will allow users to purchase items on their mobile devices or PCs, but also includes the ability to transfer cash to each other without providing their bank account information. Line Pay, Line Taxi and Line Wow will be rolled out in Japan first, with global rollout expected as early as next year.
In addition, the company also revealed that it currently has 170 million monthly active users, out of 560 million registered users. Based on the number of registered users, its top 5 regions are Japan (54M), Thailand (33M), Indonesia (30M), Spain (18M) and Taiwan (17M).
Luxury brands using WhatsApp to reach consumers in India
Cartier, Armani, Diesel and other luxury brands are now using WhatsApp to promote, sell and offer aftersales services to its consumers in India. The instant messaging app allows these brands to offer personalised services by sending pictures, videos and other promotional materials, resulting in conversion rates that reach as high as 80%. In August 2014, WhatsApp was reported to have 60 million monthly active users in India.
Read the rest of this entry »