Here are all of the posts tagged ‘Twitter’.
Myanmar’s MySQUAR eyes Aim flotation in a fortnight
MySQUAR, Myanmar’s only social media platform in the local language, is raising about $2.5 million to build a local-language business of messaging applications and online games, and hopes to float on the Alternative Investment Market in a fortnight. Nearly 700,000 Burmese citizens already use its MyChat app, and that could be more than 1m by December if all goes to plan.
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 »
Internet.org’s Asia rollout continues in Indonesia
Internet.org has proceeded to launch in Southeast Asia’s most populous nation Indonesia, even in the midst of poor reception in India. The Facebook-backed programme provides internet services to developing countries through a range of free apps and websites. Last week, a group of Indian companies withdrew their support for Internet.org, citing concerns over ‘net neutrality’. They were afraid this would come at the expense of local businesses.
WeChat may soon appear in BMW cars in China
Online messaging in your car is a close possibility, if you’re driving a BMW in China. BMW AG has revealed that it plans to introduce Tencent’s WeChat into its cars in the country. The carmaker says this is coming in response to consumer requests for the app, which currently boasts roughly half a billion active users a month. Ford Motor has also said that its in talks with Tencent to integrate WeChat into their cars.
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.