WeChat update makes mobile commerce possible for all retailers in China

mobile commerce shopping

New update allows the popular app to serve as a universal mobile shopping and payments platform China’s Tencent is beginning to push into the mobile commerce field more aggressively. The company’s most popular application, WeChat, has been updated to introduce a new feature. Now, all Chinese brands will be able to support mobile payments made through the application. Thanks to the update, WeChat can be used for in-store purchases as well as online purchases. The update may help solidify WeChat as the leading mobile commerce platform in China. Demand for…

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Mobile commerce helps boost Internet use in China

China Mobile payments technology commerce

Report highlights the growth of Internet usage throughout China The number of people accessing the Internet in China has grown significantly over the past year, according to a new report from the China Internet Network Information Center. The report suggests that the growth of Internet usage is linked to the growing adoption of mobile technology. More consumers throughout China have access to mobile devices than they did in the past and the country’s telecommunications companies have been making a concerted effort to expand their mobile network services. 618 million Internet…

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Data shows the success of China’s mobile commerce

China Mobile payments technology commerce

Mobile gains more ground in China Observer Solutions, a consulting and research firm, has released data concerning the state of mobile commerce in China. The firm notes that 2013 was a very promising year for e-commerce in general, but mobile commerce managed to attract a great deal of attention from consumers and businesses alike. On November 11, one of the most significant shopping days in China, consumers spent a record breaking $5.7 billion through online stores owned by Alibaba, one of the largest retail organizations in the world. Mobile shopping…

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Mobile commerce in China will pass the $27.1 billion mark next year

mobile commerce trends

This is expected to considerably surpass the totals that are generated by shoppers in the United States. China’s online shopping is taking off at a breakneck speed and this is transferring over to multiple channels, including mobile commerce, which will continue to reach record levels by 2014, says a recent study. The massive online shopping company, Alibaba, has released an infographic to demonstrate this success. The most recent estimations include a prediction that there will be 322 million online shoppers who will be spending approximately $285 billion in total next…

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