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MasterCard survey finds that nearly 60% of Chinese online shoppers made purchases via smartphones

Feb26
by Sindy Cator on February 26, 2014 at 6:17 am
Posted In: Around the Web, Asia, e-commerce, M-commerce

181281525 520x245 MasterCard survey finds that nearly 60% of Chinese online shoppers made purchases via smartphones

There’s more evidence that m-commerce is on the rise in China, after a recent MasterCard survey found that over half of Chinese consumers who shopped online did so via their smartphones.

The annual e-commerce survey, which was conducted across 25 markets between November and December 2013, included interviews with 7,010 respondents from 14 Asia-Pacific markets. It found that two-thirds of consumers in the Asian region go online to shop. What’s notable is that nearly 100 percent of respondents from China indicated they made at least one online purchase in the last three months — and 59.4 percent of them made their purchases via smartphones.

image004 MasterCard survey finds that nearly 60% of Chinese online shoppers made purchases via smartphones

This comes as no surprise considering that in 2013, Chinese companies have been wooing consumers to shop on their mobile devices.

Furthermore, the trend of shopping via messaging apps also emerged last year, which is especially pronounced in China with Tencent-owned popular messaging service WeChat. Recently, Tencent invested in ‘China’s Yelp’ Dianping, as it seeks to up the ante of m-commerce and drive mobile shopping right within its communication platforms.

MasterCard cites the “ubiquity of Internet-enabled mobile phones” as contributing to the rising popularity of m-commerce in Asia. Across the 14 APAC markets surveyed, 46.8 percent of consumers cited convenience as the most compelling reason for smartphone shopping, while 41.3 percent pinned it down to the ability to shop on the go, and 40.8 percent said it was due to the growing availability of apps that make it easier to shop.

In Thailand, 51.2 percent of online shoppers made purchases via their smartphones, while that figure stood at 47.6 percent in Korea, 47.1 percent in India and 46.7 percent in Indonesia. The figure in Thailand comes despite recent information on chat app Line’s flash sales showing how m-commerce is behind e-commerce in the region — and indicates that m-commerce could very well be on the rise there, but maybe not yet on Line.

Interestingly enough, clothing and fashion accessories overtook apps for the first time ever to become the top category of items purchased via smartphones. Pierre Burret, the region head of Asia-Pacific, MasterCard Advisors, says that “this indicates a strong and successful shift by merchants to enhance the mobile experience to consumers to make it more convenient.”

Going forward, Burret notes that there is a strong need for e-commerce (and in turn m-commerce) providers to provide secure payment solutions to consumers in Asia — as the MasterCard survey also found that security remains a key consideration, with 85.3 percent of respondents citing it as a top concern when shopping online.

Headline image via Lintao Zhang/Getty Images

└ Tags: china, news, syndicated
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Comic for February 26, 2014

Feb26
by Sindy Cator on February 26, 2014 at 6:00 am
Posted In: Around the Web

Dilbert readers – Please visit Dilbert.com to read this feature. Due to changes with our feeds, we are now making this RSS feed a link to Dilbert.com.

└ Tags: syndicated
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The Daily Dose of IETF – Issue 2098 – 2014-02-26

Feb26
by Sindy Cator on February 26, 2014 at 5:01 am
Posted In: Around the Web
└ Tags: syndicated
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OpenX launches the first global exchange for real-time bidding on native mobile advertising

Feb26
by Sindy Cator on February 26, 2014 at 5:00 am
Posted In: Around the Web, Insider

openx 520x245 OpenX launches the first global exchange for real time bidding on native mobile advertising

Ad tech leader OpenX today announced Native O|X, a new ad exchange with an unprecedented combination of several of the most popular trends in the industry: mobile-first, real-time bidding and native advertising.

While the new offering might sound like a pile of buzzwords to those outside the advertising space, Native O|X represents a natural next step for OpenX and the industry. The firm helped pioneer the rise of real-time bidding and programmatic advertising, which relies on software algorithms to automate the buying and selling of ad inventory.

With its rich media and video content, Native O|X should result in a better overall ad experience on mobile for us consumers. Native advertising eschews the traditional banner ads found on mobile sites and apps in favor of a more contextual display that fits in with a publisher or developer’s existing content.

“The 320×50 banners that are cemented in mobile sites and apps are not that effective…What publishers are telling us is that those units just don’t perform well,” Rob Kramer, OpenX’s general manager for mobile, said in an interview.

Traditionally, OpenX’s strength has been on the desktop, so Native O|X helps the company extend its dominance onto mobile devices. OpenX takes credit for opening the first private mobile ad exchange in 2012 and has existing partnerships with Airpush and Samsung.

└ Tags: syndicated
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Chinese Vine-like app Weishi, built by the firm behind WeChat, chalks up 160m views in a day

Feb26
by Sindy Cator on February 26, 2014 at 4:12 am
Posted In: Apps, Around the Web, Asia, Product Updates, video, wechat, weishi

shutterstock 94844608 520x245 Chinese Vine like app Weishi, built by the firm behind WeChat, chalks up 160m views in a day

Chinese Internet firm Tencent is best known for its popular messaging service WeChat, but one of its other products — a Vine-like app that features eight-second videos on loop — has been quietly gathering steam in China.

The app, Weishi, which is only available in Chinese for now, chalked up 160 million video views in a single day on Valentine’s Day this year, which also coincided with the Chinese Lantern Festival.

Tencent says that “millions” of the video clips were also viewed outside the Weishi app itself, via services such as Weixin (the version of WeChat available in China) and mobile IM platform QQ – testifying to the reach that Tencent has in China with the presence of its social platforms.

This milestone followed a similar surge in popularity during Chinese New Year, though there were no specific number of video views provided for that period. Tencent says that videos were commented, shared and liked more than 100 million times on the eve and first day of the festival.

Recording a video on Weishi is exactly like how you’d do it on Vine or Instagram — tapping and holding on to the screen starts your recording, while releasing it stops the recording. There are additional bells and whistles on Weishi though — other than filters, which Instagram also has, Weishi lets users add background music and watermarks to their videos. They can even choose from six themes that come with preset music and watermarks.

Weishi 1 730x431 Chinese Vine like app Weishi, built by the firm behind WeChat, chalks up 160m views in a day

For viewing videos, Weishi employs a more visual format than Vine by displaying thumbnails for its video channels. Clicking on a particular channel brings you to a page where you can filter either via the most-recent or most-popular videos. You can also choose to follow someone immediately via an icon right next to the video, instead of being directed to a profile page like Vine does.

Weishi 2 730x647 Chinese Vine like app Weishi, built by the firm behind WeChat, chalks up 160m views in a day

As per Tencent’s other social services, recruiting celebrities and brands is a huge part of its strategy to appeal to users. More than 1,000 celebrities have set up Weishi accounts to interact with their fans, Tencent says.

Weishi was launched in September last year, and according to data tracker App Annie, it has been ranked among the top three most downloaded social networking apps in Apple’s App Store in China from December 27, 2013 to February 25, 2014.

There is much potential for Weishi in China, given that Vine still does not have that much of a presence in the country given its link to Twitter — which is blocked in China. Furthermore, short-video sharing could be an invaluable add-on to WeChat in the long run, taking a key role in helping the chat app evolve to become a social platform.

WeChat’s rival, Japanese messaging app Line, already took a step in this direction last year by adding Snap Movie — a Vine-like feature that allows you to create 4-10 seconds of video clips with your choice of background music and can be posted to your in-app timeline, where they will be played on loop automatically.

➤ Weishi: iOS | Google Play

Headline image via Shutterstock

└ Tags: china, news, syndicated
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