Weixin

Retail Asia08/01/2018

JD.com plans to form a JV with online fashion retailer Meili to build and run a commerce platform on Chinese voice-messaging service Weixin. Merchants who sell through the new platform, expected to launch before the Lunar New Year next month, will gain access to JD’s logistics network. The move follows the joint introduction of “no-boundary” […]

Retail Asia21/11/2016

Third-quarter revenues grew by 13 per cent to RMB40.388 billion (US$5.951 billion) for China’s Tencent Holdings, an investment holding company whose subsidiaries provide media, entertainment, internet and mobile-phone value-added services, and online advertising. Tencent revenues from value-added services business increased by 9 per cent to RMB27.975 billion for the quarter, while revenues from online games revenues […]

Retail Asia11/04/2016

Chinese eCommerce giant Tencent Holdings increased its revenues last year by 30 per to RMB101.9 billion ($US15.7 billion). Excluding its eCommerce business, the revenue increase was 38 per cent, to RMB102.2 billion. Tencent’s subsidiaries provide media, entertainment, internet and mobile-phone value-added services, and provide online advertising services in China. Chairman and founder Ma Huateng says […]

Retail Asia28/11/2015

jd.com-china-reuters-1223131-1024x636.jpg

JD.com, China’s second largest eCommerce player, has reported a 76 per cent increase in core GMV sales in the third quarter to RMB111.0 billion (US$17.5 billion). Excluding Paipai.com – which the company is closing down by the end of this year – unique customers, annual active customer accounts increased by 62 per cent to 126.9 […]

Tag: Weixin

JD.Com, Online Fashion Retailer Meili Ally to Develop ‘No Boundary Retail’

Tencent revenues up 13pc

Tencent Holdings rakes in $15 billion

JD.com posts huge GMV sales increase