Tencent Archives - Page 8 of 11 - Inside Retail Asia
Chow Tai Fook Jewellery Group has taken a 12 per cent hit in revenue for its latest financial year, dropping to HK$56.5915 billion.
Nearly 70 per cent of respondents in a China smartwatch market survey plan to buy the technology in the next 12 months.
New Zealand exporters are expected to benefit from a home-developed payment platform for Chinese consumers using eWallet technology.
Microsoft will shut down its MSN China website next month to focus on products it says have higher revenue potential.
In collaboration with China UnionPay, smartphone giant Xiaomi China is rolling out a mobile payment service on the mainland.
Chinese eCommerce giant Alibaba has invested $1.25 billion in online food-delivery service Ele.me.
Chinese eCommerce giant Tencent Holdings increased its revenues last year by 30 per to RMB101.9 billion ($US15.7 billion).
Hong Kong-listed Tencent Holdings – the parent of WeChat – has announced a 22 per cent leap in fourth-quarter profit, with online advertising income surging 110 per cent.
China Jo-Jo Drugstores, the China-based multichannel pharmaceutical and healthcare retailer, says customers are embracing WeChat and Alipay to buy its goods from mobile phones.
Chinese food-delivery startup Ele.me may change hands from Tencent to competitor Alibaba for $1.25 billion.
JD.com, China’s second largest eCommerce player, has reported a 76 per cent increase in core GMV sales in the third quarter to RMB115.0 billion (US$218.1 billion).
China’s number 2 eCommerce player JD.com has axed its consumer to consumer online store Paipai.com in a bid, it says, to cut sales of counterfeit goods.